![The Simple Problem That Sank Greensill’s Complex Financial Empire](/summary-img/43625-KTOTK2EW.jpg?h=M&b=0)
Article
The Simple Problem That Sank Greensill’s Complex Financial Empire
Bloomberg Businessweek ,
2021
Read or listen offline
Amazon Kindle
résumé audio créé automatiquement
1×
Connectez-vous pour écouter un résumé audio.
résumé audio créé automatiquement
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 or Démarrer une discussion