“In Dark Towers, David Enrich tells the story of how one of many world’s mightiest banks careened off the rails, threatening the whole lot from our monetary system to our democracy by way of its reckless entanglement with Donald Trump. Darkly fascinating and but all too actual, it is a story that can hold you up at night time.” (John Carreyrou, Pulitzer Prize winner and New York Times finest-promoting creator of Bad Blood)
A searing exposé of probably the most scandalous financial institution on the earth, together with its shadowy ties to Donald Trump’s enterprise empire
On a wet Sunday in 2014, a senior government at Deutsche Bank was discovered hanging in his London house. Bill Broeksmit had helped construct the 150-year-outdated monetary establishment into a worldwide colossus, and his sudden loss of life was a thriller, made extra so by the financial institution’s efforts to discourage investigation. Broeksmit, it turned out, was a person who knew an excessive amount of.
In Dark Towers, award-profitable journalist David Enrich reveals the reality about Deutsche Bank and its epic path of devastation. Tracing the financial institution’s historical past again to its propping up of a default-inclined American developer within the 1880s, serving to the Nazis construct Auschwitz, and wooing Eastern Bloc authoritarians, he reveals how within the 1990s, by way of a succession of exhausting-charging executives, Deutsche made a fateful resolution to pursue Wall Street riches, usually on the expense of ethics and the regulation.
Soon, the financial institution was manipulating markets, violating worldwide sanctions to assist terrorist regimes, scamming buyers, defrauding regulators, and laundering cash for Russian oligarchs. Ever determined for an American foothold, Deutsche additionally began doing enterprise with a self-selling actual property magnate almost each different financial institution on the earth deemed too harmful to the touch: Donald Trump. Over the subsequent 20 years, Deutsche executives loaned billions to Trump, the Kushner household, and an array of scandal-tarred purchasers, together with convicted intercourse offender Jeffrey Epstein.
Dark Towers is the by no means-earlier than-advised saga of how Deutsche Bank grew to become the worldwide face of economic recklessness and criminality – the company equal of a weapon of mass destruction. It can be the story of a person who was consumed by concern of what he’d seen on the financial institution – and his son’s obsessive seek for the secrets and techniques he stored.