Will The UPS Union Deal Deliver?
Slate News
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The Importance of Understanding Competencies
Lawrence Peace: Everything that Goldman agreed to is antithetical to what you would need to build a successful consumer banking product. The clear message from Lawrence Peace is that if you are a credit card company, you would never do this deal with Apple. And now they're stuck with the credit card. They would love to hand it over to American Express or someone else, but Apple has absolutely no incentive to allow them to do that.
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