The Pyramid of Lies: Lex Greensill and the Billion-Dollar Scandal

Synopsis

An epic true story of ambition, greed and hubris that nearly brought down the British government.In March 2021, an obscure financial technology company called Greensill Capital collapsed, going into administration. As it unravelled, a multibillion-dollar scandal emerged that would shake the very foundations of the British political system, drawing in swiss bankers, global CEOs, and world leaders, including former British Prime Minister, David Cameron. At the centre was an Australian financier named Lex Greensill.Pyramid of Lies charts the meteoric rise and spectacular downfall of Greensill and his company. He had a simple idea – democratising supply chain finance – and disrupted a trillion dollar industry in the process. But a staid business model concealed dubious practices as Greensill made increasingly risky loans to fraudulent companies using other people’s money.Financial journalist Duncan Mavin, who has reported on the scandal for over three years, tells the incredible story of how a former sugar-cane farmer would go on to put tens of thousands of jobs at risk and gain unfettered access to the inner workings of the British government. With a globe-circling narrative full of scandal and intrigue, Pyramid of Lies reveals how the grubby world of shadow banking really operates.

Copyright:

2022

Book Details

Book Quality:

Publisher Quality

ISBN-13:

9781529088908

Related ISBNs:

9781529088922, 9781529088885, 9781529088892

Publisher:

Pan Macmillan

Date of Addition:

06/30/23

Copyrighted By:

Daniel Friebe

Adult content:

No

Language:

English

Has Image Descriptions:

No

Categories:

History, Nonfiction, Business and Finance, Language Arts, Communication, Politics and Government

Reading Age:

18 and up

Submitted By:

Bookshare Staff

Usage Restrictions:

This is a copyrighted book.