Mavin, Duncan
Pyramid of Lies: The Prime Minister, the Banker and the Billion Pound Scandal
- ISBN 13:
- 9781529088922
- author:
- Mavin, Duncan
- format:
- Paperback
- publisher:
- Pan Books
- language:
- English
- Publication Year:
- 2022
- Pages:
- 384
- Dimensions:
- 19.7 x 13 x 2.4 centimetres (0.2
- Genre:
- Business, Business History, Nonfiction,
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
The Pyramid of Lies: A Story of Ambition and Greed In 2021, Greensill Capital, a financial technology company founded by Lex Greensill, collapsed into administration. This dramatic event was just the beginning of a multibillion-dollar scandal that shook the British political system, involving Swiss bankers, global CEOs, and world leaders, including former Prime Minister David Cameron. Greensill's meteoric rise to success was built on a simple idea - democratising supply chain finance - but his business model concealed dubious practices. He made increasingly risky loans to fraudulent companies using other people's money, putting tens of thousands of jobs at risk. Financial journalist Duncan Mavin tells the incredible story of how Greensill's actions led to this scandal and gained him access to the inner workings of the British government. This book provides a globe-circling narrative full of scandal and intrigue, revealing the grubby world of shadow banking that really operates.
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