Ep 8: Lex Greensill and the Pyramid of Lies (with Duncan Mavin)
Library of Mistakes
00:00
What Happened to the German Bank?
Two thousand 14 is a bank which they bought back in two thousand 14. The bank grew like topsy. I think it hid abot 300 and forty million n assets. When a bilon a million ineuro when he took it over, It ended up at nearly four million uros. Sobis, he was taking a lot more credit risk than anybody worked out. And we know what ia trying establish, why nobody worked like just how much credit risk he was taking.
Transcript
Play full episode
