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Podcast: MacVoices
Episode: MacVoices #23205: MacVoices Live! - Apple, Goldman Sachs, $1 Billion (3)
Description: In the final part of this MacVoices Live! session, the panel of Chuck Joiner, David Ginsburg, Ben Roethig, Jeff Gamet and Web Bixby discuss Goldman Sachs' reported $1 billion loss on Apple Card. We speculate on other factors like changing interest rates and their foray into the consumer loan business as possible explanations. Just for fun, we consider the idea of Apple potentially acquiring Goldman Sachs to expand into consumer finance. Regulatory challenges and the complexity of multinational operations are covered, as well as the role of existing banks in Apple's international expansion plans for the Apple Card. (Part 3) <...