The $7b hangover: How IAG was sucked into Lex Greensill’s vortex

This week on The Fin podcast, Financial Review reporters Jenny Wiggins and Liam Walsh on how IAG became entangled in the Greensill Capital collapse, what’s next in the legal stoush, and why billions of dollars and corporate reputations are at stake.

This podcast is sponsored by Governance Institute of Australia.

Further reading:

The $7b hangover: How IAG was sucked into Lex Greensill’s vortex One of Australia’s most expensive corporate fights is in court. But how did the insurer targeted in the cases become entangled? The battle of Saughall fields: What Lex Greensill did next The fallen Australian billionaire tried to buy 200 hectares of farmland near a village in north-west England so the view from his home isn’t spoiled. Now the town is tearing itself apart over the plan. How the Greensill empire was brought down Skittish insurers, wary fund managers, a suspicious regulator and a sceptical press created a pile of tinder that only needed a few sparks to start a fire.

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A weekly podcast from The Australian Financial Review that examines the biggest stories in business, markets and politics, and why they matter, explained by the best financial journalists in the country.

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• No. of episodes: 100
• Latest episode: 2025-07-09
• Business News Business News

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