what banks received stimulus money? and Former Bank Building, Bondway

what banks received stimulus money?

Names of large banks that accepted government stimulus funds.


bank best answer:

Answer by Michael T
The banks did not receive any stimulus money.

However, if you are referring to treasury bailout funds (TARP), the following link list the banks and the amounts received.

http://en.wikipedia.org/wiki/TARP

Besides those funds, the FDIC is guaranteeing loans for banks. So far, the initiative has backed about $ 450 billion in corporate debt for an estimated 1,600 banks with GE Financial receiving $ 130 billion and Goldman Sachs receiving $ 17.5 billion.

Also the Fed currently has about $ 850 billion outstanding to banks from the discount window. This is essentially near zero interest rate short term loans to banks. The list of banks receiving these loans are not available to the public.

Finally the Fed has another $ 1.2 trillion in other programs to aid banks.

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Former Bank Building, Bondway


Image by Jessicastjohn
Uploaded for the Guess Where London Group

This is the former bank building on Bondway, Vauxhall (between the bus station and the rail station) which is now home to the magazine 'The Big Issue'.

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