[Review] Pyramid of Lies (Duncan Mavin) Summarized.

Pyramid of Lies (Duncan Mavin)

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#GreensillCapital #supplychainfinance #shadowbanking #DavidCameron #financialjournalism #PyramidofLies

Pyramid of Lies: The Prime Minister, the Banker and the Billion Pound Scandal is an investigative nonfiction account by financial journalist Duncan Mavin. The book examines the rise and collapse of Greensill Capital, the financial firm founded by Lex Greensill, and the wider scandal that linked supply chain finance, political access, banking, and corporate influence. Rather than presenting a broad history of finance, it focuses on how a seemingly technical lending model became a vehicle for risk taking, poor oversight, and reputational damage at the highest levels of British public life. Mavin draws on years of reporting to explain how Greensill expanded, how confidence in the business was built, and why the company eventually unraveled in 2021. The book is both a scandal narrative and a financial investigation, making complex market structures and governance failures understandable to general readers while remaining grounded in the realities of modern shadow banking.