- Insolvency Insider Australia
- Posts
- The $7b hangover: How IAG was sucked into Lex Greensill’s vortex
The $7b hangover: How IAG was sucked into Lex Greensill’s vortex

Corporate reputations are on the line, especially for $14 billion ASX-listed IAG, which has been sucked into the Lex Greensill saga over insurance policies which entangle the UK-based Greensill Group on all kinds of deals, ranging from a New York skyscraper tied to a broke English developer, to dodgy Middle East hospitals.
More from The Australian Financial Review (subscription required).