Apple's relationship with Goldman Sachs led to the creation of the wildly successful Apple Card, but post-launch friction and a change in priorities has crashed the relationship into the rocks.

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.

  • magnetosphere @beehaw.org
    1·
    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.