Pyramid of Lies: The Prime Minister, the Banker and the Billion-Pound Scandal

Pyramid of Lies is a book that tells the story of Lex Greensill and his company, which collapsed due to ambition, greed, and hubris. It exposes dubious practices and how the grubby world of shadow banking operates.

Format: Paperback / softback
Length: 368 pages
Publication date: 13 July 2023
Publisher: Pan Macmillan

An epic tale of ambition, greed, and hubris, the collapse of Greensill Capital has emerged as a billion-pound scandal that has severely tarnished the reputation of a British Prime Minister. This British version of "Bad Blood" is a captivating and compelling narrative, yet it surpasses its predecessor in terms of quality. The Sunday Times has hailed it as "terrific," while The Observer has designated it as "Book of the Week." Pyramid of Lies meticulously chronicles the meteoric rise and spectacular downfall of Lex Greensill and his company. Greensill, with his innovative idea that disrupted a trillion-dollar industry, managed to attract the attention of Swiss bankers, global CEOs, and world leaders, including former British Prime Minister David Cameron. However, beneath the façade of a staid business model lay dubious practices, as Greensill ventured into making increasingly risky loans to fraudulent companies, utilizing funds from unsuspecting individuals.

In this captivating story, financial journalist Duncan Mavin takes us on a journey to unravel the intricate details of how a former sugar-cane farmer transformed into one of the world's richest men before experiencing a dramatic fall. The narrative spans across continents, weaving a globe-circling narrative filled with scandal and intrigue. Pyramid of Lies sheds light on the shadowy world of shadow banking, exposing the murky practices that operate behind the scenes. The book is meticulously researched, drawing upon a wealth of sources and providing a comprehensive account of the events that led to Greensill's downfall.

Through his meticulous research and compelling storytelling, Duncan Mavin brings to life the characters involved in this scandal. From the charismatic Lex Greensill to the influential Swiss bankers and global CEOs who played a role in his rise, the book offers a detailed portrayal of the individuals who were caught up in the web of deceit. The collapse of Greensill Capital serves as a cautionary tale, highlighting the risks associated with unregulated financial markets and the importance of robust regulatory frameworks.

In conclusion, Pyramid of Lies is a must-read for anyone interested in finance, business, and the darker side of human ambition. It is a gripping tale that sheds light on the complexities of the financial world and the consequences of unchecked greed. Duncan Mavin's meticulous research and compelling storytelling make this book a valuable contribution to the literature on financial scandals and the global economy.

Weight: 260g
Dimension: 197 x 130 x 24 (mm)
ISBN-13: 9781529088922