{"product_id":"9781529088892-pyramid-of-lies-the-prime-minister-the-banker-and-the-billion-pound-scandal","title":"Pyramid of Lies","description":"\u003cmeta content=\"text\/html; charset=utf-8\" http-equiv=\"Content-Type\"\u003e\u003cp\u003e\u003cspan\u003eThe Prime Minister, the Banker and the Billion Pound Scandal\u003cbr\u003eThe Pyramid of Lies by international financial journalist  Duncan Mavin, is the true story of Lex Greensill, the Australian farmer  who became a hi-flying billionaire banker before crashing back down to  earth, exposing a tangled network of flawed financiers, politicians and  industrialists.Lex Greensill had a simple,  billion-dollar idea - democratising supply chain finance. Suppliers want  to get their invoices paid as soon as possible. Companies want to hold  off as long as they can. Greensill bridged the two, it's mundane, boring  even, but he saw an opportunity to profit. However, margins are thin  and Lex, ever the risk taker, made lucrative loans with other people's  money: to a Russian cargo plane linked to Vladmir Putin, to former  Special Forces who ran a private army, and crucially to companies that  were fraudulent or had no revenue.When the company finally  collapsed it exposed the revolving door between Westminster and big  business and how David Cameron was allowed to lobby ministers for cash  that would save Greensill's doomed business. Instead, Credit Suisse and  Japan's SoftBank are nursing billions of dollars in losses, a German  bank is under criminal investigation, and thousands of jobs are at risk.What Bad Blood did for Silicon Valley and The Smartest Guys in the Room did for Wall Street, The Pyramid of Lies  will do for the world of shadow banking and supply chain finance. It is  a world populated with some of the most outlandish characters in  business and some of the most outrageous examples of excess. It is a  story of greed and ambition that shines a light on the murky  intersection between politics and business, where lavish fortunes can be  made and lost.\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Rarewaves","offers":[{"title":"Default Title","offer_id":41696392806497,"sku":"9781529088892","price":15.85,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0092\/7504\/8033\/files\/orig_27943994.jpg?v=1745822635","url":"https:\/\/www.rarewaves.com\/products\/9781529088892-pyramid-of-lies-the-prime-minister-the-banker-and-the-billion-pound-scandal","provider":"Rarewaves.com","version":"1.0","type":"link"}