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Ep 8: Lex Greensill and the Pyramid of Lies (with Duncan Mavin)
Library of Mistakes
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.
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