Given that the bank is flush with cash and doesn't much care what the public thinks of them (except when it comes to kittens), this obviously has nothing to do with fear of populist outcry or certain pissant Rolling Stone writers with vivid imaginations. Rather, this is coming from the top, as in The Big Man. Now that it's out in the open re: who Lloyd Blankfein and Co. work for, there's no need to tip-toe around why Christmas is the first to go. For anyone considering funding an event with colleagues, as previously mentioned, you can forget that, they're also not happening (think this is a joke? Lloyd and his secret police force-- the GSS-- will be checking every employee's house for trees and egg nog). For the Masters of the Universe upset about missing out on a company-funded opportunity to spend extra time with people you despise over booze, do not fear. A gala Purim party is being planned for next year.
Goldman Sachs Says No To Christmas Party [IN]