An epic true story of ambition, greed and hubris - the collapse of Greensill Capital is a billion pound scandal that 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 Week
Pyramid of Lies charts the meteoric rise and spectacular downfall of Lex Greensill and his company. He had a simple idea that disrupted a trillion dollar industry and drew in Swiss bankers, global CEOs, and world leaders, including former British Prime Minister, David Cameron. 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
An epic true story of ambition, greed and hubris - the collapse of Greensill Capital is a billion pound scandal that 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 Week
Pyramid of Lies charts the meteoric rise and spectacular downfall of Lex Greensill and his company. He had a simple idea that disrupted a trillion dollar industry and drew in Swiss bankers, global CEOs, and world leaders, including former British Prime Minister, David Cameron. 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
The inside story of one of the superstars of global fintech and his dramatic fall from grace.
Duncan Mavin is a seasoned international financial journalist. Born and raised near Newcastle, he studied history at Durham University and spent a decade as a chartered accountant in the City and in Toronto. He then became a financial reporter and foreign correspondent for Canada's National Post. Since 2009, he has been a reporter and editor for Dow Jones publications including the Wall Street Journal, based in Hong Kong, London and New York. Duncan wrote and edited the Journal's influential Heard on the Street column for several years, and was the Journal's Financial Editor for Europe, the Middle East and Africa. He was also the Managing Editor for Barron's Group. His writing has also appeared in Barron's, Financial News and on Bloomberg News. He lives with his wife and three sons in the UK, and is a long-suffering fan of Sunderland football club.
Unputdownably delicious . . . the British version of Bad Blood . .
. [but] better
*Sunday Times*
Terrific . . . shows the emptiness behind the bombast
*Nick Cohen, Observer, Book of the Week*
A meticulously researched and enjoyably lively account
*Daily Telegraph*
Forensic and riveting
*The New Statesman*
An incredible book, transforming a complex financial scandal into a
rich character drama
*Bradley Hope, co-author of New York Times bestseller
Billion Dollar Whale*
Quite simply one of the best books of investigative journalism I
have ever read. Duncan Mavin is a natural storyteller and a
brilliant sleuth
*Matthew d’Ancona, author of Post-Truth*
Leaves little doubt that much is indeed wrong in the excessively
close relationship between some financiers and politicians . . .
[who] stood to gain millions of pounds
*Simon Clark, author of The Key Man*
Mavin expertly demystifies the rise and fall of Greensill Capital
and weaves an intriguing tale at the cross section of sleaze, power
and greed at the heart of UK politics and global finance. A
fascinating – and prescient – read
*Karl Holbrook, Executive Editor, Daily Express*
The extraordinary story of Greensill’s rise and collapse is a
microcosm of global finance in the last decade . . . a keen eye for
the colourful – and at times absurd – human drama
*Peter Thal Larsen, EMEA Editor Reuters Breakingviews*
The definitive account of Greensill Capital’s rise and spectacular
meltdown . . . and a searing inquisition into the political
connections that make it all possible
*Mary Childs, cohost of NPR's Planet Money and author of The
Bond King*
A classic cautionary tale, as fun to read as it is disturbing.
Meticulously reported and brilliantly narrated
*Katherine Bell, formerly Editor in Chief, Quartz and
Barron’s*
Mavin expertly unfolds a searing, unflinching, incisive, and
definitively reported narrative on one of the great financial
scandals of our time and the wreckage left in its wake . . . a
must-read cautionary tale
*Sean Silcoff, co-author, Losing the Signal: The Spectacular
Rise and Fall of BlackBerry*
A keen eye for the colourful and at times absurd human drama
*Reuters*
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