Private Equity Company Outsources Santa
by Texas Nate, Tue Dec 14, 2010 at 01:22:05 PM EST
Got this news from Cliff Schecter at the Agonist:
Early this morning, Santa Claus, the jolly icon of the holidays and legendary symbol of Christmas for more than 970 years, was asked to step down from his position as chief manufacturer and distributor of holiday toys and merriment. The announcement was made by a spokesman for GigantiCorp, the private equity firm that acquired Santa's Workshop earlier this year in a historic leveraged buyout.
GigantiCorp went on to announce that Claus will be replaced by "a more cost-effective team of regional Santas" scattered around the globe.
Bruce Kluger, satirist extraordinaire of NPR, USA Today, etc. has written (with David Slavin) an updated 2010 version of 'Twas The Night Before Christmas. A few good laughs might warm some cockles this bleak Xmas season.
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