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Ep 8: Lex Greensill and the Pyramid of Lies (with Duncan Mavin)
Library of Mistakes
Bond and Credit Corporation - The Red Flag of Greenson
At its peak, bond and credit company was offering six point t bigand neu s dollars in cover on the assets that greens faner had originated. It was a sort of offshoot of an australian insurer called insurance australia limited. The problem he had was that a lot of insurers were not willing to do business with lex r. Were only willing to do a small bit of business with lex or the biggest trade cr insurers. He'd fallen out with them all over a period of several years because they'd seen the way he was pushing the envelope.
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