NATHAN HUNT: I have to wonder what on earth was the former Prime Minister of the U.K. David Cameron doing wrapped up in Greensill Capital. Why was he involved in this? Speaking of his wife, Pullen said: “Maggie was always surprised that the ladies of Henley didn’t criticise him for his affairs. In fact, most of them would always say that it was Marina’s fault.”

NATHAN HUNT: Sadly, the losers from Greensill's collapse extend beyond just a few venture capitalists and private equity investors. What was Credit Suisse's role in spreading the exposure to Greensill? While other alleged affairs have been attached to Mr Johnson’s name throughout his career, claims of an alleged fling with American tech entrepreneur Jennifer Arcuri have attracted the most media attention. I mean in the end, I think you made several million pounds. It's unclear exactly how much Cameron was paid, but certainly a substantial amount of money. I think there was also, for Cameron may be, an appeal that this was a fast-growing fintech in theory. And so that's a bit more exciting than going to work on the Board of an established company. A bit cooler, a bit more kind of future of Britain. And so I think there's an appeal. What's interesting to me is that the red flags around Greensill were pretty easy to spot by then. He gets business cards with Downing Street that [indiscernible] (00:09:13) and that kind of thing. He holds meetings in Downing Street, really kind of pushes it beyond -- his role beyond what it really ought to have been. But it seems to work for him. And certainly, when Cameron leaves office, he leaves having left Lex with a much higher profile than he had previously.As the Conservative Party self-immolates in the wake of the public’s final loss of patience with the Prime Minister, Duncan Mavin’s new book, The Pyramid of Lies: Lex Greensill and the Billion-Dollar Scandal, is a useful reminder that the creeping (now overwhelming) impression of tawdriness in public life did not begin with Boris. Cameron was an authentic member of the upper class who might polish him up. After he destroyed his career and the country’s prospects by taking the UK out of the EU by mistake, Cameron yearned for a comfort Lex Greensill could offer him: obscene amounts of money.

Modern corruption is a refined process for sophisticated people. Urbane actors enter the political equivalent of a “buy now, pay later” (BNPL) agreement. Politicians or civil servants grant a shady financial institution or incompetent arms manufacturer access to decision-making and public money. No agreement needs to have been reached. No wads of cash change hands. But after the civil servant retires or politician leaves parliament, he can expect an immensely rewarding job. The sole benefit of the multibillion collapse of Greensill Capital in 2021 was that it illuminated BNPL politics as no other scandal has. And interestingly, as soon as he gets a role at Greensill Capital, which lends a lot of credibility to the firm to have a former Prime Minister working for you is really a stamp of approval. Why David even did it is really interesting, right? So I think what's the upside for him of his relationship with Greensill Capital: one, is potentially a huge payout. So he gets paid a decent salary, and he gets paid a good bonus, but he also gets options, which had they paid off, he would have got tens of millions of pounds.Pressed on the issue during a Q&A session with journalists, Mr Johnson said: “I didn’t say anything about Turkey in the referendum … Since I made no remarks, I can’t disown them.” Wallpapergate Carrie Symonds was reportedly horrified at the ‘John Lewis furniture nightmare’ left behind by the Prime Minister’s predecessor, Theresa May, though she has denied the claims (Photo: Reuters) Pyramid of Lies charts the meteoric rise and spectacular downfall of Greensill and his company. He had a simple idea—democratising supply chain finance—and disrupted a trillion dollar industry in the process. But a staid business model concealed dubious practices as Greensill made increasingly risky loans to fraudulent companies using other people’s money. DUNCAN MAVIN: Yes, I think that's right. I think this is -- it's tempting sometimes to see these big kind of corporate scandals in terms of big systems and institutions. But at the heart of this one, is the guy Lex Greensill. And he's fascinating, a really divisive character. Some people I talked to said Lex is really charismatic and a genius. And other people I talked to said, stay away from Lex, things are going to go wrong. Greensill found it difficult to make any money doing it, and so started to finance riskier borrowers, taking out credit insurance to obviate the higher risk of default. The insurance allowed the loans to be marketed, misleadingly, as low-risk to investors. Here are all the excuses Mr Johnson has used to explain away the scandals that have dogged his career: Making up quotes