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Masters in Business

David Enrich on Deutsche Bank’s Clean-Up (Podcast)

Masters in Business

Bloomberg

Investing, Entrepreneurship, Business

4.42.2K Ratings

🗓️ 24 July 2020

⏱️ 68 minutes

🧾️ Download transcript

Summary

Bloomberg Opinion columnist Barry Ritholtz speaks with New York Times business investigations editor David Enrich, whose latest book is “Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction.” He is also the author of “The Spider Network: How a Math Genius and Gang of Scheming Bankers Pulled Off One of The Greatest Scams in History.”

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Transcript

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0:00.0

There's so much news happening around the world that we're somehow supposed to stay on top of.

0:05.7

That's why we launched The Big Take.

0:08.3

It's a daily podcast from Bloomberg and I Heart Radio that turns down the volume a bit

0:14.0

to give you some space to think.

0:16.4

I'm Wes Kosova.

0:17.7

Each weekday I dig into one important story and talk about why it matters.

0:23.6

Listen to The Big Take on The I Heart Radio app, Apple Podcasts, or wherever you listen.

0:31.0

This is Masters in Business with Barry Rittoltz on Bloomberg Radio.

0:37.4

This week on the podcast I have a special guest.

0:40.2

His name is David Enrich and he is the finance editor at The New York Times.

0:44.6

Previously he was a journalist at the Wall Street Journal.

0:48.0

Last time we spoke with David it was when his new book The Spider Network came out that

0:53.0

was back in 2018 all about LIBOR manipulation.

0:57.9

His new book is Dark Towers.

0:59.9

It's all about Deutsche Bank and how it was once a sleepy backwater German bank.

1:05.9

They also helped fund the Holocaust and the Nazi war machine.

1:10.4

But how they ended up having global aspirations in the 90s and 2000s, briefly becoming the

1:17.4

biggest bank in the world before an epic collapse.

1:22.4

David is a really interesting investigative journalist.

1:25.3

He does a wonderful job fleshing out the characters in his book who are all real people.

1:31.9

This isn't fiction.

1:33.4

He is telling a story about what happens, how it happens, and why.

...

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