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Banks That Survived Credit Crunch Scrap Holiday Soirees
Dec. 24 (Bloomberg) -- U.S. banks that survived the credit crunch are cutting back or eliminating holiday parties. Goldman Sachs, Citigroup Inc., Morgan Stanley and Bank of America Corp. didn’t host official events this year after a public outcry over perks and bonuses awarded to bankers whose firms accepted taxpayer bailouts. Bloomberg's Su Keenan reports. (Source: Bloomberg)
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