While still the editor of The Spectator, Mr Johnson won the Conservative seat for Henley in 2001. He enjoyed a rapid ascent through the Commons, becoming shadow arts minister in 2004.

Pyramid of Lies: The Prime Minister, the Banker and the

Major pyramids located here include the Pyramid of Djoser—generally identified as the world's oldest substantial monumental structure to be built of dressed stone—the Pyramid of Userkaf, the Pyramid of Teti and the Pyramid of Merikare, dating to the First Intermediate Period of Egypt. Also at Saqqara is the Pyramid of Unas, which retains a pyramid causeway that is one of the best-preserved in Egypt. Together with the pyramid of Userkaf, this pyramid was the subject of one of the earliest known restoration attempts, conducted by Khaemweset, a son of Ramesses II. [25] Saqqara is also the location of the incomplete step pyramid of Djoser's successor Sekhemkhet, known as the Buried Pyramid. Archaeologists believe that had this pyramid been completed, it would have been larger than Djoser's. Pyramid of Lies charts the meteoric rise and spectacular downfall of Lex Greensill and his company. He had a simple idea that disrupted a trillion dollar industry and drew in Swiss bankers, global CEOs, and world leaders, including former British Prime Minister, David Cameron. But a staid business model concealed dubious practices, as Greensill made increasingly risky loans to fraudulent companies using other people’s money. But in 2019 Mr Collier refreshed calls for Mr Johnson to apologise. Asked about the politician’s claim the conversation was a joke, Mr Collier told The Guardian: “I didn’t treat it as a joke… I warned my wife to be careful about who she answered the door to. I took it seriously at the time and it concerned me. I was worried, certainly worried enough to put my wife on a warning.” Misrepresenting the people of Liverpool Mr Johnson was swiftly summoned to the office of Charles Wilson, then-editor of The Times, and dismissed. He has since apologised, while also complaining about the “snivelling, fact-grubbing historians” who called him out.Greensill achieved its rapid growth by becoming, in effect, a lender of last resort. A handful of risky borrowers came to dominate its business, the largest of which was Sanjeev Gupta’s steel group, to which Greensill kept lending long past the point where it was obvious there was no ability to repay. As time went on, more and more loans started to go sour, and the insurers started to pull out. The business finally collapsed when the new Japanese owners of its last insurer (a small, bamboozled Australian outfit) called time. In the centuries since, factoring became part of the supply chains that grew around the world, oiled by liquidity. As these operations became faster and more complex they needed not just factoring but reverse factoring, in which people sell their debt, rather than their credit, and each agent in the chain is paid straight away. The process became computerised, and modern global trade now runs on a silent river of digitised debt. NATHAN HUNT: There is no Greensill Capital without Lex Greensill. So who is this guy? Where did he come from? And what motivated him to get as far as he did?

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Work on the flat above No 11 began in April 2020, while the Prime Minister was in hospital with Covid. Reports at the time suggested his wife, Carrie Symonds, was horrified at the “John Lewis furniture nightmare” left behind by the Prime Minister’s predecessor, Theresa May, though she has denied the claims. When the victims started comparing notes, they realized the basis of this scam was implausible,” said Lovell, referring to the sheer volume of tractors Gentry would have needed to sell to justify what he promised investors. “The victims can see in hindsight how ludicrous it was to believe that this scheme was true.” NATHAN HUNT: In the end, it was actually a small insurance company that collapsed the house of cards that was Greensill Capital. How did that come about? Lex, he had a small bank in Germany, but he wasn't a bank. He needed to find funding from somewhere to pay for these supply chain finance transactions. And so he was looking for investors for that. And Credit Suisse came along and became the biggest investor in those funds. So Lex had sort of latched on to them around 2017, found a couple of portfolio managers, persuaded them that supply chain finance was a great asset class. It paid a little bit more yield than money market funds, but done properly, it could be just as safe or just a little bit riskier. Allen, James; Manuelian, Peter (2005). The Ancient Egyptian Pyramid Texts (Writings from the Ancient World, No. 23). Brill Academic. ISBN 978-90-04-13777-6.While Mr Johnson has never publicly admitted to the affair, his spokesperson claimed he “acted with honesty and integrity” in his dealings with Ms Arcuri. Vote Leave bus