Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction by David Enrich

Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction

by David Enrich

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Business & FinancePolitics & Power

Deutsche Bank is best known as the bank that kept lending to Donald Trump. Enrich's case is that the loans were a symptom: a conservative German lender chased Wall Street profits, became a serial rule-breaker, and kept saying yes after mainstream banks had shunned him.

Core ideas
  • The Trump loans: Roughly $2 billion over about 20 years, and after he defaulted in Chicago and sued, another Deutsche division lent him money to pay it off.
  • Mirror trades: The Moscow office used offsetting stock trades to turn wealthy Russians' rubles into dollars or euros, well over $10 billion by the book's estimate.
  • A death in London: Risk specialist Bill Broeksmit's 2014 suicide frames the story, and his son Val found bank documents in his father's email.
Published2020
Pages432
ISBN9780062878823
ReadFeb 2026

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