Give audiobooks, support local bookstores!
Libro.fm for Business
Start a membership, get two free audiobooks
Almost ready!
In order to save audiobooks to your Wish List you must be signed in to your account.
Log in Create account
Shop small, give big!
With credit bundles, you choose the number of credits and your recipient picks their audiobooks—all in support of local bookstores.
Start gifting
Limited-time offer
Get two free audiobooks!
Now’s a great time to shop indie. When you start a new one credit per month membership supporting local bookstores with promo code SWITCH, we’ll give you two bonus audiobook credits at sign-up.
Sign up todayBuilt on a Lie
This audiobook uses AI narration.
We’re taking steps to make sure AI narration is transparent.
Learn moreBrought to you by Penguin.
The proud owner of a sprawling £14m estate in the Cotswolds, boasting a stable of eventing horses, a fleet of supercars and neighbouring the royal family, Neil Woodford was the most celebrated and successful British investor of his generation.
He spent years beating the market; betting against the dot com bubble in the 1990s and the banks before the financial crash in 2008, making blockbuster returns for his investors and earning himself a reputation of 'the man who made Middle England rich'. As famous for his fleet of fast cars and ostentatious mansions, he was the rockstar fund manager that had the lifestyle to match.
But, in 2019, after a stream of poorly-judged investments, Woodford's asset management company collapsed, trapping hundreds of thousands of rainy-day savers in his flagship fund and hanging £3.6bn in the balance.
In Built on a Lie, Financial Times reporter Owen Walker reveals the disastrous failings of Woodford, the greed at the heart of his operation, the flaws of an industry in thrall to its star performers and the dangers of limited regulation. With exclusive access to Woodford's inner circle, Walker will reveal the full, jaw-dropping story of Europe's biggest investment scandal in a decade.
© Owen Walker 2021 (P) Penguin Audio 2021
Owen Walker is an award-winning business journalist, covering European banks for the Financial Times. He was previously asset management correspondent at the newspaper and his reporting on Neil Woodford's downfall led to the FT winning business and finance team of the year at the 2019 Society of Editors' Press Awards. His first book, Barbarians in the Boardroom, covered activist investors and was published in 2016.