Built on a Lie. The Rise and Fall of Neil Woodford and the Fate of Middle England’s Money
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- Nombre de pages256
- FormatePub
- ISBN978-0-241-46822-7
- EAN9780241468227
- Date de parution04/03/2021
- Protection num.Adobe DRM
- Infos supplémentairesepub
- ÉditeurPenguin Business
Résumé
He was the most celebrated and successful British investor of his generation - but it was all built on a lie. Neil Woodford spent years beating the market; betting against the dot com bubble and the banks before the financial crash in 2008, making blockbuster returns for investors and earning himself a reputation of 'the man who made Middle England rich'. But, in 2019, Woodford's asset management company collapsed, trapping hundreds of thousands of rainy-day savers in his flagship fund and hanging £3.6 billion in the balance.
In Built on a Lie, Financial Times reporter Owen Walker reveals the disastrous failings of Woodford, the greed at the heart of his operation and the full, jaw-dropping story of Europe's biggest investment scandal in a decade.'Vital financial journalism with heart' Emma Barnett, broadcaster'This is a must read!' Vince Cable, former leader of the Liberal Democrats'Reads like a rip roaring tale of a corporate high wire act' John McDonnell, former Shadow Chancellor'Should be sold with a bottle of blood-pressure pills' Edward Lucas, The Time
In Built on a Lie, Financial Times reporter Owen Walker reveals the disastrous failings of Woodford, the greed at the heart of his operation and the full, jaw-dropping story of Europe's biggest investment scandal in a decade.'Vital financial journalism with heart' Emma Barnett, broadcaster'This is a must read!' Vince Cable, former leader of the Liberal Democrats'Reads like a rip roaring tale of a corporate high wire act' John McDonnell, former Shadow Chancellor'Should be sold with a bottle of blood-pressure pills' Edward Lucas, The Time
He was the most celebrated and successful British investor of his generation - but it was all built on a lie. Neil Woodford spent years beating the market; betting against the dot com bubble and the banks before the financial crash in 2008, making blockbuster returns for investors and earning himself a reputation of 'the man who made Middle England rich'. But, in 2019, Woodford's asset management company collapsed, trapping hundreds of thousands of rainy-day savers in his flagship fund and hanging £3.6 billion in the balance.
In Built on a Lie, Financial Times reporter Owen Walker reveals the disastrous failings of Woodford, the greed at the heart of his operation and the full, jaw-dropping story of Europe's biggest investment scandal in a decade.'Vital financial journalism with heart' Emma Barnett, broadcaster'This is a must read!' Vince Cable, former leader of the Liberal Democrats'Reads like a rip roaring tale of a corporate high wire act' John McDonnell, former Shadow Chancellor'Should be sold with a bottle of blood-pressure pills' Edward Lucas, The Time
In Built on a Lie, Financial Times reporter Owen Walker reveals the disastrous failings of Woodford, the greed at the heart of his operation and the full, jaw-dropping story of Europe's biggest investment scandal in a decade.'Vital financial journalism with heart' Emma Barnett, broadcaster'This is a must read!' Vince Cable, former leader of the Liberal Democrats'Reads like a rip roaring tale of a corporate high wire act' John McDonnell, former Shadow Chancellor'Should be sold with a bottle of blood-pressure pills' Edward Lucas, The Time