• 11/10/2024

Goldman Sachs Got Lax on Credit Cards. The Bill Is Coming Due.

Wall Street Journal

The bank lent loosely on some credit cards, contributing to a big loss as it tries to sell the General Motors card business.

https://www.wsj.com/articles/goldman-sachs-got-lax-on-credit-cards-the-bill-is-coming-due-f460f04f