Lucca De Paoli and David Rocks
The Simple Problem That Sank Greensill’s Complex Financial Empire
Bloomberg Businessweek , 2021
What's inside?
Credit innovator and fintech high-flier Greensill Capital crashed and burned.
auto-generated audio
1×
Log in to listen to the audio summary.
auto-generated audio
Recommendation
Greensill Capital’s story sounded too good to be true – and it was. Claiming its advanced technology could evaluate a business borrower’s future viability as a going concern, the firm ventured into uncharted lending territory. But it ended up crashing and burning. Journalists Lucca De Paoli and David Rocks report on this cautionary tale of a fintech pioneer’s meltdown and the ruins of its entanglements.
Summary
About the Authors
Lucca De Paoli and David Rocks are reporters at Bloomberg Businessweek.
Comment on this summary