Christmas is Cancelled for Goldman Sachs

Editor's note: Gee, you'd think with all of this sneaky "don't let the neighbors see" behavior on the part of the Goldman rats it's almost as if they are feeling guilty. Or is it just that they know they've got one hell of a PR nightmare to deal with if Johnny Roastbeef shows up at a GS party in a brand new pink Cadillac? What's the problem? It's in his mother-in-law's name. This is a joke and as far as I'm concerned, GS can party all they want, it's not going to change my feelings. - JDA

Clusterstock:

Goldman Sachs employees received a voicemail announcement instructing them not to organize private Christmas parties for the firm's employees even at their own homes, a person familiar with the matter said.

The firm has canceled its annual holiday party, just as it did last year. It also instructed the smaller business units that they should not organize their own smaller parties, which had been a long tradition at the firm. The parties are banned even if no firm money goes to pay for them.

Read the rest via Jr Deputy Accountant here.