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Bye Bye, Open Bar

Dec 1, 2008 12:00 PM, Halah Touryalai

The economy is ruining Christmas on Wall Street


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The economy is ruining Christmas on Wall Street. First they get their bonuses taken away, now they can't even get drunk in designer tuxedos at the company Christmas party. Morgan Stanley cancelled its holiday party this year, as did Barclays, UBS, Merrill Lynch and Citigroup. That means no ice sculptures of Michelangelo's David urinating vodka into crystal glasses. Bear markets really ruin all the fun.


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