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Nothing says "we care about people" like partnering with Goldman Sachs to deliver financial product /s

by justapassenger 7y ago

deleted 7y ago
[deleted]
chrisseaton 7y ago
What's your issue with Goldman Sachs?
- noir_lord 7y ago
  I mean they have their own wikipedia page for scandals. https://en.wikipedia.org/wiki/Goldman_Sachs_controversies https://en.wikipedia.org/wiki/Goldman_Sachs_controversies So it might be that.
- LeoPanthera 7y ago
  Goldman has been accused of an assortment of misdeeds, including a general decline in ethical standards, working with dictatorial regimes, cozy relationships with the US federal government via a "revolving door" of former employees, insider trading by some of its traders, and driving up prices of commodities through futures speculation. Wikipedia has a whole separate article about their controversial practices. https://en.wikipedia.org/wiki/Goldman_Sachs_controversies https://en.wikipedia.org/wiki/Goldman_Sachs_controversies (Disclaimer: I don't see this as a reason to avoid the Apple Card, but someone should play devil's advocate here.)
  - la_barba 7y ago
    Well, as long as you're dealing with accusations and alleged behavior, why stop there? You need to inflate that list, yo! (Devils advocate and all that jazz.. ;) )
  - filoleg 7y ago
    Fully agreed. I don't think anyone can dispute the fact that Goldman has done a ton of bad stuff, but none of that seems to have any relationship with the matter at hand, i.e., being a backing entity for a credit card (which, to me, seems like something that you cannot really fuck up tbh).
- filoleg 7y ago
  "big finance man bad" with no real substance probably. Nevermind the fact that if the parent is in the US and has 401k, he is very likely holding some assets facilitated by Goldman Sachs already. P.S. Not trying to support GS at all, as I know more than a few negative things about them and I loathe a lot of what they did, but OP just seems to be making a cheap intellectually lazy jab at GS with no substance related to the context.

Nothing says "we care about people" like partnering with Goldman Sachs to deliver financial product /s

deleted 7y ago

[deleted]

chrisseaton 7y ago

What's your issue with Goldman Sachs?

noir_lord 7y ago
I mean they have their own wikipedia page for scandals. https://en.wikipedia.org/wiki/Goldman_Sachs_controversies https://en.wikipedia.org/wiki/Goldman_Sachs_controversies So it might be that.
LeoPanthera 7y ago
Goldman has been accused of an assortment of misdeeds, including a general decline in ethical standards, working with dictatorial regimes, cozy relationships with the US federal government via a "revolving door" of former employees, insider trading by some of its traders, and driving up prices of commodities through futures speculation. Wikipedia has a whole separate article about their controversial practices. https://en.wikipedia.org/wiki/Goldman_Sachs_controversies https://en.wikipedia.org/wiki/Goldman_Sachs_controversies (Disclaimer: I don't see this as a reason to avoid the Apple Card, but someone should play devil's advocate here.)
- la_barba 7y ago
  Well, as long as you're dealing with accusations and alleged behavior, why stop there? You need to inflate that list, yo! (Devils advocate and all that jazz.. ;) )
- filoleg 7y ago
  Fully agreed. I don't think anyone can dispute the fact that Goldman has done a ton of bad stuff, but none of that seems to have any relationship with the matter at hand, i.e., being a backing entity for a credit card (which, to me, seems like something that you cannot really fuck up tbh).
filoleg 7y ago
"big finance man bad" with no real substance probably. Nevermind the fact that if the parent is in the US and has 401k, he is very likely holding some assets facilitated by Goldman Sachs already. P.S. Not trying to support GS at all, as I know more than a few negative things about them and I loathe a lot of what they did, but OP just seems to be making a cheap intellectually lazy jab at GS with no substance related to the context.