Macvoices Audio

MacVoices #23205: MacVoices Live! - Apple, Goldman Sachs, $1 Billion (3)

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Sinopse

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) [embed]http://traffic.libsyn.com/maclevelten/MV23205.mp3[/embed] This edition of MacVoices is brought to you by the MacVoices Dispatch, our weekly newsletter that keeps you up-to-date on any and all MacVoices-related information. Subscribe today and don't miss a thing. Show Notes: Chapters: 0:00:00 Goldman Sachs Loses $1 Billion on Apple Card0:01:20 Transition: Becoming more active on t