When billions vanish
and markets collapse.
Short, narrated stories about the biggest frauds, crashes, and market disasters — told in under 5 minutes. Watch the video or read the story.
Greensill & SoftBank: The Supply-Chain Finance Crackup (2021) - QuickFinanceStories
It sounded boring. Supply chain finance. Paying invoices early for a small fee. What could go wrong? Everything. This is the story of Greensill. Greensill Capital had a simple pitch. We pay your suppliers today. They give us their invoices. We package them into bonds. Everyone wins. SoftBank loved it. They invested $1.5 billion. Greensill grew fast. But…
Libor Rigging: When a Benchmark Was Bent (2012) - QuickFinanceStories
Every morning, the world's biggest banks answered one simple question: "What rate would you pay to borrow money?" Their answers set Libor. The London Interbank
Evergrande: China’s $300B Property Crunch (2021) - QuickFinanceStories
It was the world's most indebted company. $300 billion in liabilities. Building homes for a billion people. Until it couldn't build anything at…
The FlowTex Fraud: How Fake Oil Drills Swindled Germany In 1992, a German energy company had a bold vision: drill thousands of holes across Germany for…