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Chapter Overview
Chapter 1: AudiobookHub Recommendation
Chapter 2: From its birth, Deutsche Bank normalized dealings with shady figures and corrupt, dangerous, state-run institutions worldwide.
Chapter 3: As Deutsche shifted toward modern finance, the bank’s internal culture transformed dramatically as well.
Chapter 4: As power kept moving to Deutsche’s investment arm, the bank began playing even dirtier.
Chapter 5: Under Joe Ackermann’s reign, Deutsche adopted a profit-at-any-cost mindset, while its infrastructure decayed badly.
Chapter 6: Trump had burned other banks before, yet Deutsche was so hungry for growth that it still worked with him anyway, regardless.
Chapter 7: Deutsche Bank survived the Great Recession through luck and calculated subterfuge.
Chapter 8: Charged with fixing Deutsche’s problems, Bill Broeksmit became increasingly alienated from the business he’d helped to build.
Chapter 9: Anshu Jain’s resignation signaled the dawn of a new era of reckoning and restructuring at Deutsche Bank.
Chapter 10: Millions in Deutsche loans — and the veneer of legitimacy they conferred — helped Trump become a US president.
Chapter 11: Val’s trove of internal Deutsche Bank documents cast light on Deutsche’s dirty deeds and Bill’s suicide.
Description
Dark Towers (2020) is a heavily researched look into the ignominious rise and devastating fall of Deutsche Bank. Over the course of 150 years, the bank helped build the American railroad system, funded Nazi genocide, schmoozed Russian oligarchs, and had a hand in the election of President Donald Trump. When Deutsche executive Bill Broeksmit killed himself in 2014, he came to symbolize the destructive power of the bank’s institutional greed.
Who Should Listen
- People who work in finance
- Anyone still mad about the government’s Wall Street bailout
- Stock market watchers