Deutsche Bank, Donald Trump, and an Epic Trail of Destruction
You would think that by now journalists would have plumbed every possible angle of the secretive world of global finance. Not quite, as this riveting tome by The New York Times’ David Enrich shows. In his telling, German financial giant Deutsche Bank is a deeply dysfunctional institution, one that rarely turns down credit to a flimflam artist or declines an opportunity to run afoul of banking regulations. Enrich details a century-plus of bad loans, shady dealings and a relationship with a US president that’s rife with conflicts of interest. Derivatives and refinancing aren’t usually the stuff of page-turners, but Enrich digs up the most suspenseful material and keeps you engrossed all the while.
About the Author
David Enrich is the finance editor at The New York Times. He previously was an editor and reporter at The Wall Street Journal.