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Did Deutsche Bank receive TARP funds?

Answer:
Out of the total $182 billion TARP money given to AIG, the majority was used to meet its obligations to its Wall Street trading partners on credit default swaps, a form of insurance against default of securities. Among the others, the French trading partners Glencairn Gold Corp. (GLE) received $11.9 billion and BNP Paribas got $4.9 billion of the money given to AIG. Also, Germany's Deutsche Bank AG (DB) received $11.8 billion.

First answer by ID1663314587. Last edit by ID1663314587. Question popularity: 5 [recommend question].

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