Transcripts For DW Driven 20240703 : vimarsana.com

DW Driven July 3, 2024

Revision some contest. Theres been a devastating explosion on the deep border horizon drilling rig in the gulf of mexico, christiane, who was elected jim and president 21. People died at the love parade disaster into school when it says launched off on others. So for the adults involved in fox sports and unprecedented right to place the Police Officers searching Deutscher Bank would have once seemed unthinkable. Because of a come on seeing he with his head, his communications had been at the helm of torture bank for 8 years and had turned it into a big supply on wall street. But it wont cost accusations against him was staggering or the feelings on how come under the leadership of mr. Recommend a most. The formerly reputable Deutscher Bank has turned into a criminal gambler example. So under douglas, that somebody speeds who does the door to during his time and afterwards, Deutscher Bank has been involved in practically every mess in the banking industry. World wide, bought one such mist took place in new ports. Rhode island haven for standing is issue not as it was 2010, a dream waiting took place at the exclusive castle hill in friends from all over the world joined a couple on the us Atlantic Coast awaiting magazine captured the moments. Tim. We swell deutscher, bank head most go start. Trade. Married russian, odd historian, natalia macowski to pay life became tangled in a nightmare for Deutsche Bank. The hotel avalon november 2010 brought to me a portion russian Prime Minister at the time was visiting the name. He was being cautious by the criminal acclaim of jim in business. Every one wanted to do business with cushions, russia use of alcohol and had outlined demand fishes vision for russias integration into you are saying is so these little did anyone move back then . The idea would be short term on the screen state of with us, or which lot of titans this is random. So obviously it is showing us what item idle patient input i say. Then lets see. So thats an occupancy. And 3 posts. These are you going to be gone . Been a little bit, im sure if i remember i was on a panel in berlin with the heads of volkswagen and siemens and put them in better lead time on me and all that. We were all extremely eager to tap into russias market potential. Im just a smartphone child and the response which leads to almost about marvin thought would be that that time. And i think we were firmly of the opinion that we had to wind, rush out as a partner and see it as part of your convenience on us, tied auto policy. And when use of a cmon gave us this interview in october 2021 hootons war and ukraine has yet to reach current levels of intensity. Otherwise, he would like to have be more reserved about his friendly relations with putin. Throughout the unsafe with this, we had a very Good Relationship with the also appreciated advice i think like many others beyond the when i come on was elected as ceo to japan couldnt. 2002, russia was playing an increasingly important role. That relationship was directly protected by the kremlin and assuming the a gold rush was happening, it tortured banks, most code branch is a member. Lets boot dean. Im of a medical. Im going to say that i remember that put in ones called uncle america and said, Deutscher Bank is my bank on that. So germany and Deutscher Bank were extremely important to him, you know, and we played along to them and made good money into dean hootons bank made good money in moscow. But this is the kinds of customers was willing to accept your needs to in terms of applying, di, potentially, to some of the less. So things that were happening in, in russia that time, very significant organized crime games, all sorts of issues the. But i think i commends connections to piece, you know, pretty straightforward. And we say the, the effect to that, you know, in, in quite a number of the areas that he was involved in Vladimir Putin and joseph. Ill come on but several times at the kremlin and didnt the president s nova o god of our residents. The 2 of them clearly had jesus off it was a come on use of ackerman and Vladimir Putin. One 1st name terms, him deutsche clay spoke german together. How visited each other is good. I smile. Have you some good health perhaps chose if i can come on, was also flattened. The hooting clearly saw him is an impulse impersonal. See, i can appreciate your time to postpone. And while the jets andre cost in head is the russian stage of v t b bank was positive patients in a circle Deutscher Bank granted cost and b to be a loan of 1000000000 euros in 2007. When kristin was looking for a job that his son, so at your bank was also more than happy to oblige. Supposing relatives of high ranking politicians and officials might seem like common practice in moscow. But isnt that corruption from the quarter of june . Obviously in the dodge and ive never seen any corruption that Deutscher Bank and we would have funded rigorously if there had been lets give you some in the bank, had to do some calls and you can know from the bank higher children or defendants of functionaries and normal, large scale for internships and regular jobs and receive the business and return the tech package, of course has become up. Ill be, i never saw anything going. Is anything been proven, snuff wise . But the us securities and Exchange Commission like to explicitly choose the bank of bribery similar conduct took place from 2009 to 2012 in russia where Deutscher Bank employees, hired relatives at the request of foreign officials and rush out to obtain or retain business or other benefits then have 50 after the us securities and Exchange Commission investigated and see imposed to find the bank paid 60 1000000. 00. So good side corruption, nepotism, went to own effect as a place for more investment. Vancouver Deutscher Bank most wrote in his memoirs we lived like rock stars, drank way too much and smoke cigars. Way too often. Moscow nightclubs looked like modern day versions of what went on behind. Closed doors during prohibition. Money was thrown around like monopoly dollars. When business declined up to the banking process, customer kit became increasingly important in most guys, not clumps towards the bank is trying to compete with local russian funds. That essentially involves trying to get potential funds to, to trade with you and essentially to, to get into the light here. My understanding is that people are be shown a while and time for for 3 or 4 days, and then send on a plane back on sunday, looking disheveled, but very happy. The former banker writes in his notes im supposed to take clients to brussels and its not enough that i take them there. Know ive got to stay by them. Drinks help them, find women, wait for them to have sex, then pay afterwards. His colleague at the time to with will had also been enjoying the excessive, not life in most goes before he made his partner and married to in america. As more and more people left, he climbed inclined to rank and he said was well at 29 years. Old gets promoted into a real position of all sorts and he becomes hated vacancies in russia, which is a big job. Some clients sold his advice on how to secret east michael dodge sums of money out of the country. The width of a, the engine base part we as well was the Contact Person for the Money Laundering business. Im going to so he was basically the key figure in the whole thing is, but its important to recognize that the management of Deutsche Bank also held a great deal of responsibility for this Money Laundering schemes. Again, this is sima, this is how the Money Laundering was a russian customer buy shares of stocks from Deutsche Bank paying in roubles at the same time, the London Branch sells these same shares and receives dollars in return. The dollar, so then immediately transferred to the customers offshore accounts being said to have been wounded in this way. No one has ever watched scholar track on the television. Will the same captain cook on the bridge and theyll be leading down to the planet. What happens is he disappears from the bridge. Im miraculously re a place on the surface of the planet. Im not man, he is what matters, right . Its do this a fantastic way of making money vanish from moscow and reappear in london. I noticed that, but it vanishes as rubles and reappears as you available colors. Okay. So its your Bank Dealings under the shadow of the kremlin will hardly lucrative in the bank owned 50 commissions, a Stupid Police do this. Im of the kind of finance minutes. Tell them there are reports from the us treasury department, for example. With that one client was vladimir pollutants, cousins, c. About the there were also terrorism funders whose clients included the taliban and has blown out the position of the russian mafia. The brothers circle is also said to have been a client, the lease people should not have been customers of Deutsche Bank and attorneys next door to banquet science or the libyan form. The headquarters of the k g. B. Secret service is currently used for the federal security service, the f s. B did spies have any involvement with the transactions that towards your bank. Its very clear that there are f s b connections both ways. I think with people that started to bank and also with the bro, cuz they were acting on behalf of persons unknown to replace these trades. Please dont you think jim was swelling his russian wife natalia now live with the family in bali. She posts on social media as an artist and the jungle. We certainly know that his wife has received some very significant sums of money into our account from people who are also involved in. And they never tried the try. You. We spell is a recognized painter and hes invited to international exhibitions. The husband, tim, on the other hand, lost his job and unsuccessfully suited Deutsche Bank for wrongful dismissal. When he said that they were up to 20 people, we didnt do it. You bank them would have had full oversight and knowledge of exactly what he was doing. So the all i did was, was somehow doing this entirely on his own just doesnt stand up with what was a product of the system. And it was a system that Deutscher Bank had built and then after a man had overseen and has been very enthusiastic about for many years. Deutscher bank lays had to pay a fine of around 613000000. 00 to the american and british banking regulatory authorities for the Money Laundering in moscow. A total of 16000000000. 00 worth of roubles would be for most go to london. It took until late 2015, before the scheme was finally discovered. I was in Deutscher Bank office when the metal type situation fast enough to say icon token. Any data about that, but it was, it was a bit like an escalade. You could actually feel those ripples. The shock findings where the bank in the tim natalia was well declined to answer questions about their role in the Money Laundering transactions. The 1998 construction was underway on a new skyscraper in new york. Donald trump is itd be mainly known as a casino operation. Came to inspect the construction size. Hes in back then. His ego was well not going to be. Thats all. I suppose it until tower in the world. That professionally trump actually had a rather dubious reputation. Maud by bankruptcies and defaults. A lot sites on this leading throughout his life. He has been a terrible business man. One failure after another. That was almost his business model. He had a reputation in new york. I met him there hoffman and you knew you couldnt take him too seriously, newman, but above all, hes an entertainer and hes somehow dazzling and entertaining, and hes always welcome at parties to scan, but nobody wanted to lend him money on the line. Its and michel a key player at Deutsche Bank at the time also. So donald trump was the clown that he was grand to load. Now this kid was get this little delay to bank things on folded much lately. Root in a hollywood movie. The solution to these are things that only a screen writer could come up with that including Deutscher Bank. So go to the habit in quotation marks and catering to certain customers like the donald trump, the d, as in donald trump. In spite of everything Deutscher Bank, clint from a 125000000. 00 in 1998. And that was just the beginning. Further loans and mortgages followed with hundreds of millions expressing these difficult in the media by cubic flakes to find them gamma. Im not talking about clients because the situation with me, okay, i went so poorly. Sure. We tightly structured our business with trump, with and it was broken off, its interrupted and then later resumed in a completely different way. People can win each page to beat that in guns on them, but its out of control. And what are the hollywood style relationships between from Deutsche Bank, again at the highest of the financial crisis in 2009, the trump tower in chicago was under construction trumpet to repay Deutsche Bank loans with 3 134000000. 00, including 14000000. 00 for which he was personally liable, but he didnt have the money. Its an extraordinary story because im in trump has on at least one occasion, defaulted our lives to georgia bank and they valve never to do business with him. Okay, so they did start and he said again, but not sort of the commercial lending officer, a private wealth manager who worked on you know, as of as a Relationship Manager with the transfer. But at the lodge, i want to know fuck sucked out because thats the finance. Please be also su deutscher, bank look. But he said the financial crisis. So thats why i cant repay my does. So now Alan Greenspan had described the financial crisis as this nominations, you assume nami is a natural disaster. And the contract actually states that if a force measure occurs, so then that is a reason to withdraw from the contract. Whats that was hard to beat in terms of chutzpah because impedance and audacity. But it worked. Dr. Long had us be flipped. When from front to you as president in 2016, it was initially little concern from germanys financial hopping fences. Nobody believes the tycoon had a real chance. The in the end he won. Which meant the major deserve Deutscher Bank would be moving into the white house. P on nightmare for the bank. Every single one of its deals with donald trump would now be scrutinized that i will face the shell game. It does send them a cottage cavellas to president as well. I always say that this was a democratically elected president. And the democrats, like on the east coast whiskey, were making all sorts of claims against the trumpeters as i am Deutscher Bank was being instrumental lived in the whole affair, human w. C. It, ill skip it out. Well, i think those subjects are open to debate. You know, 30 become on physically stipend its connections to trump and the money that was throwing the same ones the most embarrassing chapters in the history of Deutsche Bank. The 2012, the movie scholarly, full heaps, thesis. Fuels gulf was elected gym and the federal president who was the one legitimate national 4 championship and against the coast. Visually, captain run his crew ship the in june 2012, the institute of international finance, the i f o, the celebration of convolt consul nick copenhagen in honor of use of a come on for that and his resignation ceo tortured bank. It was now time to binge him farewell as chem and v i f as well. The position had been tailor made for him. He was chief diplomats of the International Financial industry, 2 major roles to play too much for one person. My name is ogden. If you liked that deductible, you could say i didnt have as much time for dr. Bank. There may be something to that address that, im sorry, but at the time what was much more important for the banks was finding solutions to the financial crisis and the debt crisis of industry. And im just curious where the industry, cuz otherwise we probably would have all been in a very difficult situation because we were close to the of this. So now im up to may 2012. So the last annual general meeting of georgia bank on the come months leadership, no one could foresee the financial consequences if his legacy, including funds in the billions protests were held outside. A few shareholders photos, saying that was counting on long term returns. And now frustrated by not all people who have lost their savings in the ackerman era, my shares are only worth a quarter so see to cooper. I am on the right to be more precise in may 2012. The share price was just on to 25. 00. Years at the start of the outcome on iraq, it was still at 59. 00 us the but i can learn how to achieve just other go, deutsche and punch became the International Leader in terms of total assets. It could all your me body feet in height and they put the opposite was reluctance photo. You can use a function code for fuss them in the heading. They might not full of it if occasion can those successes will on she jane and you can function. And she janes promotion in particular raised some eyebrows was i surprised that a rose to be seal . Not necessarily a very talented guy and, but also not surprised with what happened in the, in either document. Appreciate it. Im sure jane is an investment banker, you know, im a new one tennessee, or why dont you . Most of that, he said he wasnt the right person, the ceo of torch buying service debbie speaking is tryin

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