• Epsidoe 112: The Greatest Financial Scandal: Unpacking Deutsche Bank's Troubled Legacy

  • Jan 14 2025
  • Length: 32 mins
  • Podcast

Epsidoe 112: The Greatest Financial Scandal: Unpacking Deutsche Bank's Troubled Legacy

  • Summary

  • In this podcast episode, Kevin engages with journalist and author David Enrich about his book on Deutsche Bank's tumultuous history. They discuss the bank's questionable practices, its relationships with high-profile clients like Donald Trump, and its role in financial crises. Enrich shares insights from his journalism career, highlighting Deutsche Bank's culture of greed and mismanagement.

    The conversation explores broader themes of financial recklessness, the impact of corporate culture on ethics, and the consequences of risky lending practices. The episode underscores the need for accountability and reform in the banking sector to prevent future crises.

    Tragic Events Leading to Insight (00:02:51)

    Deutsche Bank's Historical Context (00:05:44)

    Donald Trump's Relationship with Deutsche Bank (00:06:33)

    Internal Conflicts at Deutsche Bank (00:08:21)

    Trump's Use of Force Majeure (00:12:03)

    Deutsche Bank's Responsibility in the Crisis (00:14:18)

    Trump's Influence on Deutsche Bank (00:17:39)

    Regulatory Changes Post-2008 (00:21:00)

    Capitalism vs. Socialism (00:22:39)

    Corporate Influence on Policy (00:23:28)

    Understanding Financial Complexity (00:26:46)

    Takeaways from the Book (00:28:07)

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    Corrections: Editing by http://SwoleNerdProductions.com

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