Pyramid of Lies
The Prime Minister, the Banker and the Billion Pound Scandal
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Pyramid of Lies
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Narrated by:
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Duncan Mavin
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By:
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Duncan Mavin
About this listen
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.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2022 Duncan Mavin (P)2022 Macmillan Publishers International LimitedWhat listeners say about Pyramid of Lies
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Anonymous User
- 23-01-2023
Loved it!
Thoroughly researched story of corporate greed and creative accounting well told by the author. I learnt a lot!
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Nicholas J C
- 22-10-2024
A Good Investigative Read
A lot of detail and great reading. Such a cavalier approach to risk. Investors be damned when it comes to hubris and fees.
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Sam Paradice
- 06-06-2023
Great read
An excellent detailed well researched book. Yet another example of investment bank aided chicanery and dodgy accounting.
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Anonymous User
- 28-03-2023
Very good loved it
Really good investigations fantastic insight into in to one of the most amazing corporate failures ever
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1 person found this helpful
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Joanne
- 16-08-2023
Enjoyable and informative
Detailed and interesting. I am not very knowledgeable about accounting but I found the narrator easy to listen to and understood the explanations of what had happened.
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Overall3 out of 5 stars
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Performance3 out of 5 stars
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Story3 out of 5 stars
- Anonymous Allen
- 23-05-2024
Interesting story but badly told
The good - the story of Greensill Capital is fascinating and a cautionary tale of what happens in a zero interest rate environment. Lots of links and parallels to WeWork.
The bad - the book is a bit too long and unfocused in parts. Also the author makes the story about himself with lots of moral posturing and lots of grandstanding about his journalistic experience. Journalists shouldn’t make themselves the story.
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