The CitiJet, ok, we understand. The Wells Fargo Vegas jaunt? Yes, that looked bad. But the Goldman Sachs Miami hedge-fund conference? That's like canceling the Predator's Ball!
Posh trip to Miami. Hedge funds. I mean what's not to like?
Goldman Sachs called off its big Miami hedge-fund conference scheduled for the first week of March, telling clients that going ahead with the normally posh event there could cause image problems for the firm at a time of intense scrutiny over banks' spending habits.
"In light of the current environment, Goldman decided to reschedule the hedge-fund managers' conference. We plan to hold the conference in the next few months in New York," Goldman spokesman Ed Canaday said.