Duncan Mavin

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Duncan Mavin



Duncan Mavin is a seasoned international financial journalist. Born and raised near Newcastle, he studied history at Durham University and spent a decade as a chartered accountant in the City and in Toronto. He then became a financial reporter and foreign correspondent for Canada’s National Post. Since 2009, he has been a reporter and editor for Dow Jones publications including the Wall Street Journal, based in Hong Kong, London and New York. Duncan wrote and edited the Journal’s influential Heard on the Street column for several years, and was the Journal’s Financial Editor for Europe, the Middle East and Africa. He was also the Managing Editor for Barron’s Group. His writing has also appeared in Barron’s, Financial News and on Bloomberg N ...more

Average rating: 4.17 · 189 ratings · 13 reviews · 1 distinct workSimilar authors
The Pyramid of Lies: Lex Gr...

4.17 avg rating — 189 ratings — published 2022 — 4 editions
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“By 2017, GFG accounted for more than two-thirds of all Greensill revenue. Greensill needed GFG for revenue – the interest and fees on the loans Greensill made to GFG. GFG needed Greensill for cash in the form of the loans Greensill extended. Still, some GFG executives and advisers were concerned. They pushed Gupta to diversify the group’s source of funding beyond Greensill.”
Duncan Mavin, The Pyramid of Lies: Lex Greensill and the Billion-Dollar Scandal

“GA stumped up $250 million for an approximate 14 per cent stake in Greensill in July 2018. Whatever the internal doubts at GA, externally their investment was a ringing endorsement for Lex. He had the backing of one of the world’s premier investors. And his company was valued at about $1.7 billion.”
Duncan Mavin, The Pyramid of Lies: Lex Greensill and the Billion-Dollar Scandal

“goodwill’, effectively the excess purchase price over and above its fair market value.”
Duncan Mavin, The Pyramid of Lies: Lex Greensill and the Billion-Dollar Scandal



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