According to an article in the WSJ and Gizmodo, Goldman Sachs, the humongous Mega-Bank, wants out of the Apple Card and Apple Savings business. Facing tough earnings this week, a lot of people who are familiar with GS expect them to try to offload them to another bank, likely AmEx.
In this podcast, I will talk about how I predicted that Apple Card would succeed like the GS and Apple CEOs said it would in changing how we use cards, although Covid had a big part of that as well. I also talk about how the bread and butter of GS is hedge funds, big companies, and rich a-holes, so the fact they want to dabble in little $500 credit cards never made sense to me. I discuss how they saw an opportunity, but realized it wasn't worth their time.
I saw it coming in 2019! :)
Plus, I talk about my new book, "Predicando" out November 13th, and how you can purchase it and help a worthy cause! :)
NB Has recovered over $4 Million from big banks back to consumers 40k+ Followers on TikTok, Twitter and Instagram Buy My Book "High-Risk Transaction" Find all my social media and other links at: TheNotoriousBanker.Org Substack - "Consumer Beast" TheConsumerBeast.com MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker
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