The Money Behind Trump’s Money

The president and Deutsche Bank.

View in browser|nytimes.com Continue reading the main story February 7, 2020

In 1998, a roughly-$425 million loan marked the start of a very long, very complicated relationship: between ­Deutsche Bank and Donald Trump. Over the course of two decades, the bank lent him more than $2 billion. If Trump cheated on his taxes, ­Deutsche Bank would probably know. If his net worth is in millions, not billions, Deutsche Bank would probably know. If he secretly got money from the Kremlin, ­Deutsche Bank would probably know, as David Enrich reports in our cover story this week. If they ever become public, the bank’s Trump records could serve as a Rosetta Stone to decode the president’s finances. Read now.

OUR COVER STORY Illustration by Paul Sahre   Feature The Money Behind Trump’s Money The inside story of the president and Deutsche Bank, his lender of last resort. By David Enrich

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