Professor Lawrence White is quoted in a feature article on Goldman Sachs entering into the subprime lending market with the Apple Card
— August 14, 2019
Excerpt from CNN -- "The new card is unlikely to 'make a big dent in Goldman's financial position or even its public image,' said Lawrence J. White, economics professor at New York University Stern School of Business. 'There would have to be a lot of defaulting on the debt before this can become a big problem for Goldman and it doesn't appear that that's where they are going.'"