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A comment on Bill Hwang of Archegos Capital lost $20B in two days. Parent comment

Re:Bill Hwang of Archegos Capital lost $20B in two days by goatinaboat on Wednesday May 12, 2021 @02:43PM (#27133689)
The most recent example I can think of is Melvin Capital (a few months ago). They were bailed out by Citadel. Citadel was bailed out by US tax payers in 2009 via AIG.

Wait a second. Citadel is a fund manager. AIG is an insurance company. Neither are banks.

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