Deutsche Bank Is The ‘Rosetta Stone’ To Unlock Trump Finances, Journalist Says : NPR


May 9, 20191:18 PM ET, Heard on Fresh Air

The German bank was Trump’s partner on countless investments at a time when most of Wall Street shied away. As a result, NY Times editor David Enrich says, it has a trove of information about Trump.

TERRY GROSS, HOST:

This is FRESH AIR. I’m Terry Gross. Congressional Democrats determined to investigate President Trump’s personal finances are encountering a wall of resistance from the White House. But leaders of two House committees have identified another rich source of information about Trump’s businesses – Deutsche Bank, which was a lending partner on many Trump projects over a period of more than a decade, providing over $2 billion in financing. The relationship included some successes but also loan defaults and one contentious lawsuit.

In the process, Deutsche Bank amassed a wealth of information about Trump’s business dealings. And the House Intelligence Committee and the Financial Services Committee have subpoenaed those records from the bank. Trump has sued to prevent Deutsche Bank and another financial company, Capital One, from providing those records.

Our guest today is David Enrich, finance editor of The New York Times. He’s written and edited many stories about Trump and Deutsche Bank. And he’s working on a book that’s slated for publication next year called “Dark Towers: The Inside Story Of The World’s Most Destructive Bank.” He spoke with FRESH AIR’s Dave Davies.

…(read more).

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