Stunning new report details how Deutsche Bank’s ‘very long’ and ‘complicated’ relationship with Trump cemented its role ‘as a reckless institution’

AlterNet logoWhether President Donald Trump was being investigated by Democrat-led committees in the U.S. House of Representatives or by former Special Counsel Robert Mueller’s office, a name that has often come up in connection with the president is Deutsche Bank — an institution known for dealing with businesses that other large banks shy away from. And Trump’s extensive dealings with Deutsche Bank are the focus of an in-depth article by journalist David Enrich for the New York Times.

Trump’s relationship with Deutsche Bank, Enrich explains, is a “very long, very complicated” one that goes back to 1998.

“Over the course of two decades, the bank lent him more than $2 billion — so much that by the time he was elected, ­Deutsche Bank was by far his biggest creditor,” Enrich reports. “Against all odds, Trump paid back most of what he owed the bank.” Continue reading.