Monday, September 12, 2022

Couldn't Happen to Nicer Guys /sarc

 Oh, this is just too damn bad.

..., as The New York Times reports that, according to two people familiar with the plans, Goldman Sachs is preparing for a round of layoffs that could come as soon as next week.

The job cuts will affect employees across the company but it appears this move is more of an opportunistic moment to reinstate Goldman's traditional annual 'culling' of the herd - based on performance....

Maybe.  But another source reports that Goldie's taking a beating on its Apple credit cards; seems the sub-primes in that customer base are doing what sub-primes usually do.

But but but but they pay more interest!

Uh-huh.

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