Greensill: What went wrong?
We explore the company's collapse which left investors facing billions in losses.
Business Daily · BBC World Service
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Show Notes
Greensill Capital was a UK based finance firm and a darling of investors which made its money by lending to businesses. It went into administration in March 2021, leaving investors facing billions in losses.
What went wrong with Greensill? Why did leading politicians like former British Prime Minister David Cameron get involved?
And what does it teach us about the way modern entrepreneurs, like Australian-born Lex Greensill, try and promote themselves?
Ed Butler speaks to Duncan Mavin, a financial journalist who followed the downfall of Greensill – he’s written a book about what happened.
Presenter: Ed Butler Producer: James Graham
(Image: Lex Greensill. Credit: Shutterstock)