Global elite heads to Milken conference in California—aka 'Davos West'—amid bank failures, broken markets.

The article focuses on the 2022 Milken Institute Global Conference, which gathers 3,500 bankers, investors, and government leaders in Beverly Hills to discuss pressing global issues under the theme "Advancing a Thriving World." Despite the luxurious setting and high-profile attendees, the conference is expected to address serious economic challenges, including potential recessions and geopolitical tensions, with speakers like Kristalina Georgieva from the International Monetary Fund and various finance executives. Michael Milken, the conference's organizer, aims to balance discussions of these harsh realities with themes of hope and wellness, featuring sessions on longevity and mindfulness, as well as lighter activities like Puppy Playtime. The event also includes private gatherings and culminates with a performance by singer Diana Ross. [Extracted from the article]