12min chapter

Behind the Balance Sheet cover image

#40 The Chronicler

Behind the Balance Sheet

CHAPTER

Unraveling Finance: The Greensill and Wirecard Scandals

This chapter explores the intriguing case of Lex Greensill and his unconventional financing methods, scrutinizing the intricate relationships with major financial players like SoftBank and Credit Suisse. It also highlights a financial scandal involving Wirecard, drawing parallels to past scandals such as Enron, while delving into the lavish lifestyles funded by controversial financial strategies. Through this narrative, the chapter reflects on the broader implications of risky investment maneuvers on shareholders and the evolving landscape of technology and finance.

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