Dark Towers cover art

Dark Towers

Deutsche Bank, Donald Trump, and an Epic Trail of Destruction

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Dark Towers

By: David Enrich
Narrated by: BJ Harrison
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“In Dark Towers, David Enrich tells the story of how one of the world’s mightiest banks careened off the rails, threatening everything from our financial system to our democracy through its reckless entanglement with Donald Trump. Darkly fascinating and yet all too real, it’s a tale that will keep you up at night.” (John Carreyrou, Pulitzer Prize winner and New York Times best-selling author of Bad Blood)

A searing exposé of the most scandalous bank in the world, including its shadowy ties to Donald Trump’s business empire.

On a rainy Sunday in 2014, a senior executive at Deutsche Bank was found hanging in his London apartment. Bill Broeksmit had helped build the 150-year-old financial institution into a global colossus, and his sudden death was a mystery, made more so by the bank’s efforts to deter investigation. Broeksmit, it turned out, was a man who knew too much.

In Dark Towers, award-winning journalist David Enrich reveals the truth about Deutsche Bank and its epic path of devastation. Tracing the bank’s history back to its propping up of a default-prone American developer in the 1880s, helping the Nazis build Auschwitz, and wooing Eastern Bloc authoritarians, he shows how in the 1990s, via a succession of hard-charging executives, Deutsche made a fateful decision to pursue Wall Street riches, often at the expense of ethics and the law.

Soon, the bank was manipulating markets, violating international sanctions to aid terrorist regimes, scamming investors, defrauding regulators, and laundering money for Russian oligarchs. Ever desperate for an American foothold, Deutsche also started doing business with a self-promoting real estate magnate nearly every other bank in the world deemed too dangerous to touch: Donald Trump. Over the next 20 years, Deutsche executives loaned billions to Trump, the Kushner family, and an array of scandal-tarred clients, including convicted sex offender Jeffrey Epstein.

Dark Towers is the never-before-told saga of how Deutsche Bank became the global face of financial recklessness and criminality - the corporate equivalent of a weapon of mass destruction. It is also the story of a man who was consumed by fear of what he’d seen at the bank - and his son’s obsessive search for the secrets he kept.

©2020 David Enrich (P)2020 HarperCollins Publishers
Banks & Banking Corruption & Misconduct Political Science Politics & Government Business Banking Russia Wall Street Real Estate
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A fast and exciting story that one day will make a great film. Sadly we will have to wait a further 5 years for the updated version and a conclusion into the Trump connections. Now I understand why the average person is of no real interest to the current crop of banks, as the big profits lurk elsewhere....

Educational

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Good insight into deutsche bank and the inner workings of a german bank especially the privileges granted to those like donald trump.

Entertaining story

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good book if you can enjoy the company or are interested in banking. The only thing that didn't really make sense to me is why they tried to lace Trump throughout the book. I am no Trump fan don't get me wrong but I just didn't see the reason for this to be stuck in there (NY Times bias writer maybe) but I think it would've been better to just leave him out of it and focus on the company itself ! "Spider network" by Enrich much better. 4/5

Great history of Deutsche and their struggles

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Well researched and drawing on the continuous development from the very beginning up-to-date.
Enjoyed thoroughly.

Relevant and coherent

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