An abbreviation for Deutsche Bank AG, a German bank. The bank does not resent being called this - they actually use it in their official legal documents.
Paul: "Remember that German guy Wolfgang Schneidelberger from college?"
Ted: "Yeah, that guy really thought he was the cat's pajamas. What a Deutsche bag. What is that guy up to nowadays?"
Paul: "I heard he just got a job at Deutsche Bank selling subprime mortgage bonds to poor towns in third-world countries that don't know any better."
Ted: "So he's at DBAG, is he? Why am I not surprised?"
Prices shown in USD.
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