Financier Lex Greensill Decries ‘Code of Silence’ Around SoftBank Deals Financier Lex Greensill said there was a “code of silence” around a series of transactions with SoftBank Group Corp. to keep potential losses hidden, in his first public court appearance since the hig...

www.bloomberg.com/news/article...

EP 38: Meltdown – Scandal, Sleaze And The Collapse of Credit Suisse (with Duncan Mavin) Podcast Episode · Library of Mistakes · 13/05/2025 · 52m

New podcast: Meltdown – Scandal, Sleaze & The Collapse of Credit Suisse...
Russell Napier & Duncan Mavin (@dmavin.bsky.social) explore how a rotten corporate culture dating back to WWII led to the reputational disasters that eventually brought the Swiss bank down.
podcasts.apple.com/gb/podcast/l...

Book Review: ‘Meltdown,’ by Duncan Mavin In “Meltdown,” Duncan Mavin describes the grand rise and ignominious fall of a financial behemoth.

Meltdown, available in the US March 4, reviewed in the New York Times: "In “Meltdown,” Duncan Mavin describes the grand rise and ignominious fall of a financial behemoth." www.nytimes.com/2025/02/27/b...

"The collapse of the Bremen-based Greensill Bank caused horror. Now the authorities are also investigating former supervisory board members of the institution." www.wiwo.de/unternehmen/...

Thanks for reading!

I really recommend this book from @dmavin.bsky.social. More than mapping the collapse of the major Swiss bank Credit Suisse, it shows that the bank has a horrible history of criminality abetting criminality, incompetence and deeply unethical practices. Could be defined as an Organised Crime Group.

Interesting story by Margot Patrick at WSJ about Credit Suisse's Nazi ties. This was one of the most startling episodes I came across in the research for Meltdown and deserves more attention.

Luxembourg’s financial regulator fines UBS €250,000 over Greensill breaches Fine relates to handling of funds by Credit Suisse, taken over by UBS in 2023, and includes breaches relating to conflict of interest and valuation of assets

Regulator hands out maximum fine for Greensill breaches www.luxtimes.lu/businessandf...

Meltdown: Scandal, Sleaze and the Collapse of Credit Suisse Buy Meltdown: Scandal, Sleaze and the Collapse of Credit Suisse Main Market by Mavin, Duncan (ISBN: 9781035037469) from Amazon's Book Store. Everyday low prices and free delivery on eligible orders.

@dmavin.bsky.social Meltdown - Scandal, Sleaze and the Collapse of Credit Suisse

What a lovely Christmas present - ⁦‬⁩the excellent ⁦Semafor recommends Meltdown!

Wall Street’s Market Forecasts Are Out for 2025 — Be Dubious

Replicating TikTok’s Success Will Be Harder Than It Looks

Replicating TikTok’s Success Will Be Harder Than It Looks The loss of TikTok could be YouTube and Instagram’s gain in the US, but the Chinese app has a massive head start on perfecting an algorithmic approach.

The clock is ticking for TikTok in the United States - but can any one app ever replicate what made TikTok so popular in the first place? My essay for @bloomberg.com Weekend www.bloomberg.com/news/article...

The Original Rogue Trader’s Lament: Compliance Is Still an Afterthought

The Lehman Trilogy: How a Play About a Bank Explains the Post-Financial Crisis World

24-277MR Lead auditor of Greensill Group suspended by Companies Auditors Disciplinary Board until June 2026 | ASIC Fair, strong and efficient financial system for all Australians.

Greensill news from Australia: Lead auditor of Greensill suspended asic.gov.au/about-asic/n...

The rotten core of Credit Suisse The tale of Credit Suisse ought to be Buddenbrooks on steroids. A staid Swiss lender enters marriage with a racy Wall Street investment bank and gives birth to a monster. Scandal follows scandal. CEOs...

Another great review of Meltdown, this time from former FT editor Lionel Barber in the Spectator: "Meltdown is a demolition job, a pacy account of Credit Suisse’s rise and fall."
www.spectator.co.uk/article/the-...

A firm without leaders Debit Suisse remembrance series - part 5

Spoiler alert: Everyone did it! @ghose.bsky.social's nice little review of @dmavin.bsky.social's Credit Suisse Whodunnit >> open.substack.com/pub/rupakgho...

A firm without leaders Debit Suisse remembrance series - part 5

Meltdown "has a treasure trove of nuggets including items that even the avid Credit Suisse watcher like me didn’t know." Lovely review of Meltdown by ex Credit Suisse staffer and substacker Rupak Ghose open.substack.com/pub/rupakgho...

Why Are Women Less Likely to Use AI? Via @josiecox.bsky.social

How a Lab Leak Could Cause the Next Covid-Like Pandemic Five years after the first cases of Covid-19, there are still serious risks in experimenting on viruses to boost our knowledge.

In Feb 2020, Adam Kucharski’s book The Rules of Contagion: Why Things Spread described how ideas take off, how political movements gain momentum — and how viruses become pandemics. In this Next Chapter, he considers the risks and benefits of lab testing www.bloomberg.com/news/article...

Book review: scandal, sleaze and the shattered legacy of Credit Suisse - Banking Risk and Regulation Meltdown by Duncan Mavin offers a deeply researched and lively account of the 167-year history of Credit Suisse

Another terrific review of Meltdown in the FT's Banking Risk and Regulation "It is an exhilarating read, with truths more compelling than most fiction. Read it, weep, and look out for the Hollywood blockbuster." www.bankingriskandregulation.com/book-review-...

Late to the starter pack game, but here's a handy list of all the writers and wranglers of Bloomberg Opinion who are up on BlueSky @opinion.bsky.social go.bsky.app/87cfrJ3

Lachlan Murdoch Treads a Precarious Path as Trump Returns It’s far from certain the Murdoch empire can win over the MAGA movement as Musk and Rogan erode the influence of legacy media.

Lachlan Murdoch Treads a Precarious Path as Trump Returns www.bloomberg.com/news/article...

Ian Fraser - Breaking the Bank Ian Fraser: Breaking the Bank - Meltdown: Scandal, Sleaze and the Collapse of Credit Suisse by Duncan Mavin

“Duncan Mavin's ‘Meltdown’ is a powerful and well-researched exposé of a bank that deserved to die.”

My review of Duncan Mavin's ‘Meltdown: Scandal, Sleaze and the Collapse of Credit Suisse’ has just been published by Literary Review.

literaryreview.co.uk/breaking-the...

China’s Stock Rally Is Feeding a Casino Frenzy Among Amateur Investors The swelling crowds at Shanghai’s street corner stock salon show rampant speculation is on the rise.

China's stock rally has sparked a market frenzy, with amateur investors offering trading tips on the streets of Shanghai. But regulators aren't welcoming the speculation.

Credit Suisse Survived a Bank Run Only to Succumb to Scandal Two years after a digital bank run crashed Credit Suisse, hindsight shows that social media only partially explains the bank’s demise.

Credit Suisse Survived a Bank Run Only to Succumb to Scandal www.bloomberg.com/news/article...

Above Ukraine, a Sky Full of Drones Is Changing the War The country is producing millions of small, lightweight drones. But Kyiv has a limited budget to buy them.

Above Ukraine, a Sky Full of Drones Is Changing the War www.bloomberg.com/news/article...

China’s Stock Rally Is Feeding a Casino Frenzy Among Amateur Investors The swelling crowds at Shanghai’s street corner stock salon show rampant speculation is on the rise.

China’s Stock Rally Is Feeding a Casino Frenzy Among Amateur Investors www.bloomberg.com/news/article...

Meltdown by Duncan Mavin review — the fall of Credit Suisse A gripping account of how the Swiss bank collapsed under the weight of scandal after scandal

"A gripping account of how the Swiss bank collapsed under the weight of scandal after scandal"
Meltdown by Duncan Mavin review in — the fall of Credit Suisse

www.thetimes.com/article/6c70...