Paul's lay-in with 11.9 seconds left went around the rim and out, but Andre Iguodala missed a pair of free throws with 9.3 seconds remaining. That gave the Clippers the ball back with 8.3 seconds to go.
Stephen Curry overcame a slow start to score six of his 15 points over the final 3:01 as Golden State snapped the Pacific Division-leading Clippers' season-best five-game winning streak. Thompson finished with 23 points and David Lee had 23 points and 13 rebounds.
Blake Griffin was ejected for his second technical with 10:43 remaining after scuffling with Andrew Bogut, following Golden State's Draymond Green to the showers after they got into it at the end of the third. Green was tossed for a flagrant 2 foul.
When the game ended, players tangled near the tunnel to the Clippers' locker room and security personnel stepped in — and former Warriors swingman Stephen Jackson could be seen screaming in the middle of it all.
It sure was feisty and festive from the opening tipoff at sold-out Oracle Arena, where fans wore "Christmas Whiteout" snowflake Warriors T-shirts for the holiday occasion.
Paul had 26 points and 11 assists as he and Curry put on a late-game show between two of the Western Conference's top point guards. Griffin added 20 points, 14 rebounds and five assists before his early exit.
Bogut added 10 points and 14 rebounds.
Neither Clippers coach Doc Rivers nor Warriors coach Mark Jackson is ready to deem this a California rivalry just yet — not until both teams are consistent contenders year after year, they say.
It's certainly getting heated enough to be close to such status. And they see each other twice more — next on Jan. 30.
Griffin was held back by teammates at the end of the third quarter while jawing with Green. Following a review, Griffin received a technical and Green was ejected for a flagrant foul 2 after throwing an elbow.
Then, officials went to review once more to look at a tussle between Griffin and Bogut. Griffin left the game while Bogut was hit with a flagrant 1 and a technical.
The Clippers, who never trailed in the first half, took a 77-74 lead into the see-saw fourth. They dropped to 19-3 when leading after three quarters and 8-3 on the road.
Los Angeles beat Golden State 126-115 at home on Oct. 31 to hand the Warriors their first loss a day after a season-opening win against the Lakers.
Curry performed when it mattered, though he is shooting just 9 for 44 in three Christmas games. Lee and Bogut each have double digits in rebounds in 10 straight games.
Golden State grabbed its first lead at the 10:35 mark in the third on Bogut's running jumper and began the second half with an 11-6 spurt.
The Warriors missed their initial six shots and fell behind 8-0, while Lee began 1 for 7 before a big second quarter got the Warriors back in it.
The Warriors were 9 of 30 early in the second period and 2 of 7 from 3-point range but pulled within 49-45 on Curry's 3-pointer with 3:16 before halftime, his first points of the game after missing his initial four shots.
The Warriors were 22 for 52 in the first half — taking more shots than the Clippers' 21 of 40 — but Lee's dunk pulled Golden State within 53-51 at halftime.
Notes: Former Warriors G Matt Barnes got some Christmas boos when he checked in for the Clippers midway through the first, while Antawn Jamison still gets his due respect. ... The Warriors played their 23rd Christmas game and third in four years after having Christmas off for 26 years. They lost their previous Dec. 25 outing to the Clippers 105-86 at Oracle — Los Angeles' last on Golden State's home floor — to start the lockout-shortened 66-game 2011-12 season. ... The Warriors are 10-4 at home and 4-0 vs. the Pacific Division. ... The Warriors haven't lost a season series to the Clippers since 2005-06. Golden State was one of only two teams along with the Thunder to take three of four from Los Angeles last season.
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