Daily: How Britain’s Wolf of Wall Street crashed and burned

<p>What kind of person crashes a £3.6bn business, shattering the life savings of 400,000 people? When Britain’s most famous fund manager Neil Woodford went down in flames in 2019 it was a personal humiliation for a “rock star investor” that the City thought was infallible. <strong>Owen Walker</strong>, the FT’s European Banking Correspondent and author of <a href="https://www.hive.co.uk/Product/Owen-Walker/Built-on-a-Lie--The-Rise-and-Fall-of-Neil-Woodford-and-th/25375530" rel="noopener noreferrer" target="_blank"><em>Built On A Lie</em></a><em>: The Rise And Fall Of Neil Woodford And The Fate Of Middle England’s Money</em> tells Andrew Harrison how Woodford’s arrogance lost his clients millions –&nbsp;and asks whether the City has learned any lessons from the debacle.</p><p><br></p><ul><li><em>“This was a guy who could get the biggest CEOs to do his bidding”</em></li><li><em>“Journalists loved Woodford. They could create stories around him. And yes, they’re to blame for hyping him up”</em></li><li><em>“When Woodford rang up, even major CEOs would take a seat and prepare for a rollicking”</em></li></ul><p><br></p><p><em>Produced and presented by Andrew Harrison. Assistant producers Jelena Sofronijevic and Jacob Archbold. Music by Kenny Dickinson. Audio production by Alex Rees. </em><strong><em>THE BUNKER is a Podmasters Production</em></strong></p> &#10;&nbsp;<br /><hr><p style='color: grey; font - size: 0.75em; '>See <a style='color: grey; ' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for privacy and opt-out information.</p>