Really? You think executives at GS waste their time debating where software should be installed on trading desk computers? They have entire departments dedicated to handling those issues...
What is the Investment Bank version of "flogging round the fleet"?
Uh yes, the head of ECM should know how GS is using his largest clients' products to the degree legally permissible.
One of the ways boutiques pitch themselves against the bulge brackets is by emphasizing that they won't generate these sorts of headlines.