Not at all. Goldman Sachs had and has plenty of regular folks as counterparties for their credit cards (branded as Apple Cards, I think). These regular folks don't get bailed out.
It was tongue in cheek. But, when someone says that, they generally mean a counterparty who owes money to GS, not the other way around. And I don't think goldies lost money on archegos.
in retrospect i should have said "any entity who has GS as a counterparty will be saved"...
Not at all. Goldman Sachs had and has plenty of regular folks as counterparties for their credit cards (branded as Apple Cards, I think). These regular folks don't get bailed out.
See also https://en.wikipedia.org/wiki/Archegos_Capital_Management which had Goldman Sachs as a counterparty and was not bailed out.
It was tongue in cheek. But, when someone says that, they generally mean a counterparty who owes money to GS, not the other way around. And I don't think goldies lost money on archegos.
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