Deutsche Bank, Donald Trump, and an Epic Trail of Destruction: The Inside Story of the Bank that Financed the Rise of a President
4.6 out of 5
Language | : | English |
File size | : | 4305 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
X-Ray | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 428 pages |
Deutsche Bank, Donald Trump, and an Epic Trail of Destruction is a must-read for anyone interested in the Trump presidency and the role of Deutsche Bank in his rise to power. Blum and Vogel provide a meticulously researched and explosive account of the bank's relationship with Trump, from the early days of his real estate career to his election as president.
The book is based on interviews with dozens of current and former Deutsche Bank employees, as well as a review of thousands of internal bank documents. Blum and Vogel show how Deutsche Bank was willing to overlook Trump's history of financial malfeasance and his ties to organized crime in Free Download to profit from his business ventures.
The authors argue that Deutsche Bank's relationship with Trump was a major factor in his ability to win the presidency. The bank provided him with loans and other financial services that he would not have been able to obtain from other banks. This support allowed Trump to build his businesses and establish himself as a major political figure.
Deutsche Bank, Donald Trump, and an Epic Trail of Destruction is a timely and important book that sheds light on the role of money in politics and the dangers of unchecked financial power.
The Deutsche Bank-Trump Relationship
The relationship between Deutsche Bank and Donald Trump began in the early 1990s, when Trump was struggling to finance his real estate ventures. Deutsche Bank was one of the few banks willing to lend to Trump, even though he had a history of financial problems.
Over the years, Deutsche Bank loaned Trump billions of dollars, which he used to finance a variety of projects, including the Trump Tower in New York City and the Trump International Hotel and Tower in Chicago.
Deutsche Bank's relationship with Trump was not without its critics. Some employees raised concerns about the bank's exposure to Trump's businesses, which they believed were risky. However, the bank's top management was determined to continue lending to Trump, even as his financial situation deteriorated.
The Role of Deutsche Bank in Trump's Rise to Power
Deutsche Bank's support was a major factor in Trump's ability to win the presidency. The bank provided him with loans and other financial services that he would not have been able to obtain from other banks. This support allowed Trump to build his businesses and establish himself as a major political figure.
In the years leading up to the 2016 election, Deutsche Bank was Trump's largest creditor. The bank loaned him more than $300 million, which he used to finance his campaign and his businesses.
Deutsche Bank's support for Trump did not end with his election. The bank continued to lend to Trump after he became president, even as his financial situation deteriorated.
The Fallout from Deutsche Bank's Relationship with Trump
Deutsche Bank's relationship with Trump has come under scrutiny since his election. The bank has been accused of money laundering and other financial crimes. In 2019, the New York State Department of Financial Services fined Deutsche Bank $425 million for its role in the Trump-Russia money laundering scandal.
Deutsche Bank's relationship with Trump has also damaged its reputation. The bank has been criticized for its willingness to overlook Trump's financial problems and his ties to organized crime.
The fallout from Deutsche Bank's relationship with Trump is still unfolding. The bank is facing a number of lawsuits from investors and regulators. It is also possible that the bank could lose its license to operate in the United States.
Deutsche Bank, Donald Trump, and an Epic Trail of Destruction is a timely and important book that sheds light on the role of money in politics and the dangers of unchecked financial power.
Blum and Vogel's meticulously researched and explosive account of the bank's relationship with Trump is a must-read for anyone interested in the Trump presidency and the future of American democracy.
4.6 out of 5
Language | : | English |
File size | : | 4305 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
X-Ray | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 428 pages |
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4.6 out of 5
Language | : | English |
File size | : | 4305 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
X-Ray | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 428 pages |