The Criminally Dark History of Deutsche Bank

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  • เผยแพร่เมื่อ 29 ก.ย. 2024
  • Ever since its founding in 1870, Deutsche Bank has gotten ahead by taking more risks than other banks. These risks have included working with individuals, projects, and institutions that no other bank will touch - from the N*zi party to Donald Trump. The bank’s dirty deeds accelerated in the 1980s when it extended its reach to trading markets in London and New York. Deutsche hired brash American traders to run its new investment banking arm, and high-risk trading became a game unto itself rather than a way to serve clients.
    Its executives got rich. They also became addicted to winning. For Deutsche executives, if a deal ended in money, any means was perfectly justifiable. But the glory days of greed were numbered. As government regulators learned of Deutsche’s excesses, the pressure grew too great for one executive - Bill Broeksmit. In 2014, he killed himself, becoming a symbol of the bank’s destructive institutional greed.
    This Deutsche Bank documentary is based on Dark Towers book by David Enrich.
    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 N*zis 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 twenty years, Deutsche executives loaned billions to Trump, the Kushner family, and an array of scandal-tarred clients.
    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.
    Deutsche Bank’s corruption, arrogance, and unbridled greed has unleashed destructive consequences on the finance industry, the global economy, and the US presidency - not to mention the individual Deutsche employees who have to live with themselves. The bank is restructuring, ostensibly to avoid repeating its past mistakes, but the damage it has wrought can’t be undone.

ความคิดเห็น • 45

  • @Aly_Co_Art702
    @Aly_Co_Art702 2 ปีที่แล้ว +6

    I thought this documentary was about a bank, not Donald Trump… smh…

  • @janetmcdonald2572
    @janetmcdonald2572 2 ปีที่แล้ว +1

    It’s a shame that Val has passed now too.

  • @nevmann
    @nevmann 2 ปีที่แล้ว +12

    Excellent documentary and insight into one of the biggest scumbanks in the world, thank you sir!

  • @janofalosni3152
    @janofalosni3152 ปีที่แล้ว +3

    Awesome video, dabing and information. Maybe you could do something same for J.P morgan?

    • @bad_money
      @bad_money  ปีที่แล้ว

      Thank you! Added to the list

  • @lizirons1656
    @lizirons1656 2 ปีที่แล้ว +6

    Still evil. There are funds owed to our family, still accruing interest. My FIL has now passed away. Despite our attorney sending letter, providing death certificate and medallion signature we cannot receive the money! The response from this evil bank is when the recipient comes in we will release the funds!

  • @jonnovember2136
    @jonnovember2136 3 หลายเดือนก่อน +1

    If the banks are regulated by the government🤡 than they don't have room to falter🤔... 5:55 I am not feeling the FOMO💰... Where is my latinum #TDBank💳?🌎💘💰

  • @lseh4720
    @lseh4720 7 หลายเดือนก่อน +1

    And THAT’s why Justice Kennedy prematurely left the Supreme Court…his son was involved at Deutsche Bank. Malcolm Nance told us in early 2016

  • @hi._.golgo137
    @hi._.golgo137 2 ปีที่แล้ว +5

    You always upload when i'm done cooking a good meal, time to watch another classic.

  • @steve1978ger
    @steve1978ger 2 ปีที่แล้ว +7

    can you do IBM?

  • @paulmartin3296
    @paulmartin3296 ปีที่แล้ว +2

    Just read the book Dark Towers, it is all there in full detail of what happened. Very good read.

  • @NoFlakesAllowed
    @NoFlakesAllowed 2 ปีที่แล้ว +7

    Was this about a bank or Trump?

  • @zakmehn
    @zakmehn 2 ปีที่แล้ว +4

    Now do one on jp Morgan

  • @tugger
    @tugger 2 ปีที่แล้ว +2

    "a small personal loan of 10m" tf outta here

  • @BB-vo8bv
    @BB-vo8bv 6 วันที่ผ่านมา

    "Douche Bank" - brilliant

  • @99lomari
    @99lomari 2 ปีที่แล้ว +2

    DB sponsored USD 66B deal of Monsanto !! the biggest ever happened,

    • @stavas05
      @stavas05 2 ปีที่แล้ว +1

      You mean Bayers take over?

    • @mariagaganta4925
      @mariagaganta4925 ปีที่แล้ว

      Another 😼 One

  • @dawsonyoyo
    @dawsonyoyo 2 ปีที่แล้ว +2

    Your page is criminally undersubcribed!

  • @Gab_Of_Thunder
    @Gab_Of_Thunder 2 ปีที่แล้ว +3

    Great video!

    • @bad_money
      @bad_money  2 ปีที่แล้ว

      Thank you 🙏

  • @judyl.7811
    @judyl.7811 ปีที่แล้ว

    10:50 back in the days when german bank fighting for name recognition in US.

  • @Albert-xd2zd
    @Albert-xd2zd ปีที่แล้ว

    Keby mal vydať svedectvo ročniky ktore sa narodili 1910 / 1915 tak vojna vznikne 1950

  • @oye4511
    @oye4511 4 หลายเดือนก่อน

    👍👍

  • @thelordz33
    @thelordz33 2 ปีที่แล้ว +4

    While I believe that banks as a whole should be gotten rid of, presenting the idea that it is evil for a bank to work with a President of the United States really undercuts the message of the video and shows a massive political bias. The fact that other banks refused to work with Trump is more of an inditement of the poor quality of the other banks than it is for Deutsche. If anything, the fact that they were willing to work with Trump when other banks refused to do so should be seen as a positive since there is very little worse than large financial institutions choosing a political side and leveraging their massive wealth to undermine the republic and it's institutions.

  • @nordtaka6456i
    @nordtaka6456i 2 ปีที่แล้ว

    wh lim cell usa do what

  • @dreaming_fox163
    @dreaming_fox163 2 ปีที่แล้ว +2

    I like how working for trump- prez of oldest democracy is looked down upon..otherwise good
    Xdxd-idc

  • @getthefffffoffme
    @getthefffffoffme 2 ปีที่แล้ว

    15:02 no tape tracking though the playback/recording heads of the Akai 4-track recorder.