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Goldman Sachs wants out from Apple Card partnership (appleinsider.com)

submitted 1 year ago by [email protected] to c/[email protected]

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tldr: Apple prohibits bullshit fees on their Apple Card that predatory lenders like Goldman rely on. Goldman isn’t able profit because they can’t fuck over customers, therefore they want out of the deal they have with Apple as the servicer of the Apple Card.

Boo fucking hoo, Goldman. Eat shit.

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[–] [email protected] 1 points 1 year ago

I’m no financial genius, but I do know that sometimes rates go up, which apparently makes me smarter than the crayon eaters at Goldman Sachs.