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Pyramid of Lies

862.00

The Prime Minister, the Banker and the Billion Pound Scandal

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An epic true story of ambition, greed and hubris that resulted in a billion pound scandal and shredded the reputation of a British Prime Minister.’The British version of Bad Blood . . . [but] better’ – The Sunday Times’Terrific’ – The Observer, Book of the WeekWhen an obscure company called Greensill Capital collapsed, it revealed a billion pound scandal 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 that disrupted a trillion dollar industry. 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 helped expose Greensill, tells the incredible story of how a former sugar-cane farmer became one of the world’s richest men before falling back to earth. With a globe-circling narrative full of scandal and intrigue, Pyramid of Lies reveals how the grubby world of shadow banking really operates.‘Forensic and riveting’ – the New Statesman‘Meticulously researched’ – The Daily Telegraph]]>

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