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That has nothing to do with whether GS themselves needed a bailout. In fact it speaks to the fact that they probably didn't see this crisis coming. If they had,
by jamiequint 17y ago
That has nothing to do with whether GS themselves needed a bailout. In fact it speaks to the fact that they probably didn't see this crisis coming. If they had, then as the biggest trading partner of AIG they would have known their counterparty exposure and tried to reduce it ahead of time.