Greensill: What went wrong?

Oct 14, 2022 · 19m 31s
Greensill: What went wrong?
Description

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...

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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)
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Author BBC
Organization BBC
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