When a debt crisis unfolds behind closed doors, who really has the upper hand? Taking in shady characters – from Donald Trump to Philip Green, the Barclay brothers and the private equity firms – this is a potted history of how some of finance's biggest names have turned reneging into an art form. In this live recording of A Long Time in Finance, hosts Jonathan Ford and Neil Collins, joined by insolvency expert Edward Starling, lift the lid on some of the murkiest manoeuvres in modern finance.

The show is made in partnership with The Library of Mistakes who are offering a 25% discount on their Advanced Valuation in Financial Markets course to listeners. Just follow this link https://www.libraryofmistakes.com/how-to/ and enter ALTIF25 into the box marked promo.

Presented by Jonathan Ford and Neil Collins.

With Edward Starling.

Produced and edited by Nick Hilton for Podot.

Hosted on Acast. See acast.com/privacy for more information.

Kodak, the photography company George Eastman created in the late 19th century, was built on restless R&D and bold innovation. So why did it flunk the shift from chemical to digital photography - having invented the first digital camera. We talk to the inventor, Steve Sasson about how his brainwave almost killed a company.

The show is made in partnership with The Library of Mistakes who are offering a 25% discount on their Advanced Valuation in Financial Markets course to listeners. Just follow this link https://www.libraryofmistakes.com/how-to/ and enter ALTIF25 into the box marked promo.

Presented by Jonathan Ford and Neil Collins.

With Steven Sasson.

Produced and edited by Nick Hilton for Podot.

Hosted on Acast. See acast.com/privacy for more information.

Welcome to a new series where we look at big businesses and what led to their big break or failure..

ASML is the biggest European company you’ve never heard of and the Continent’s only true tech giant. But how did this seemingly anonymous Dutch business come to be the world’s biggest producer of key machinery used in printing semiconductors? It involves Americans, all conquering Japanese exporters, and rednecks beating the crap out of Toyotas with sledgehammers. Listen to the Turning Point and we’ll explain.

For tickets to our upcoming event visit the Weekend of Mistakes and use the offer code ALTIF_offer at checkout.

Presented by Jonathan Ford and Neil Collins.

With Brian Potter.

In partnership with the Library of Mistakes.

Produced and edited by Nick Hilton for Podot.

Hosted on Acast. See acast.com/privacy for more information.

It was supposed to bring in the cash to revive Britain's creaking railway network. But then it all went wrong for the listed network owner. A series of tragic accidents undermined public confidence, beginning the slow unravelling of rail privatisation as a whole. Neil and Jonathan talk to Gerald Corbett, one time boss of Railtrack, about the privatisation project, the accidents, and what went right and wrong.

The show is made in partnership with The Library of Mistakes who are offering a 25% discount on their Advanced Valuation in Financial Markets course to listeners. Just follow this link https://www.libraryofmistakes.com/how-to/ and enter ALTIF25 into the box marked promo.

Presented by Jonathan Ford and Neil Collins.

With Gerald Corbett.

Produced and edited by Nick Hilton for Podot.

Hosted on Acast. See acast.com/privacy for more information.

It's often seen as the point where the City dumped its old gentlemanly mores ("My word is my bond") for a new "win at all costs" culture - one that the UK's new regulatory regime singularly failed to quell. But what was the Guinness Scandal of the 1980s all about, why was it important, and what were its consequences? Forty years on, we talk to author Nick Kochan about "Deadly Ernest" Saunders, boss of Guinness, the share-trading scandal, and the massive legal (and medical) swamp that followed. (Spoiler alert: it involves an actual medical miracle).

The show is made in partnership with The Library of Mistakes who are offering a 25% discount on their Practical History of Financial Markets course to listeners. Just follow this link https://www.libraryofmistakes.com/how-to/ and enter ALTIF25 into the box marked promo.

Presented by Jonathan Ford and Neil Collins.

With Nick Kochan.

Produced and edited by Nick Hilton for Podot.

Hosted on Acast. See acast.com/privacy for more information.

Everyone knows that Britain once built almost all the world's ships, and now builds almost none. But what were the steps by which this mighty activity disintegrated? And no less importantly, how did it climb so high in the first place, when the US was the world's biggest ship building nation in the early 19th century? What are the economics of shipbuilding and do we need to build them? We explore the rise and fall of a great industry and all these questions with Brian Potter of the Institute for Progress.

The show is made in partnership with The Library of Mistakes who are offering a 25% discount on their Practical History of Financial Markets course to listeners. Just follow this link and enter ALTIF25 into the box marked promo.

Presented by Jonathan Ford and Neil Collins.

With Brian Potter.

In partnership with the Library of Mistakes.

Produced and edited by Nick Hilton for Podot.

Hosted on Acast. See acast.com/privacy for more information.

In the 19th century, Britain transformed itself into the workshop of the world by harnessing the power of coal and steam. Now a new energy revolution - that of renewable power - looks set to turn the UK into something closer to a workhouse inhabited by the destitute. But how did it all happen and why did politicians buy into it? We look at how Britain fashioned a disastrous energy trap for itself, and ask if there's any way out.

The show is made in partnership with The Library of Mistakes who are offering a 25% discount on their Practical History of Financial Markets course to listeners. Just follow this link https://www.libraryofmistakes.com/how-to/ and enter ALTIF25 into the box marked promo.

Presented by Jonathan Ford and Neil Collins.

Produced and edited by Nick Hilton for Podot.

Hosted on Acast. See acast.com/privacy for more information.

From a few tiny funds in the 1970s, private equity has transformed the financial world and is now a $7 trillion industry, accounting for 30% of the US private sector economy. But how did it all happen, why have pension funds poured so much into these funds, and how do the practitioners get away with paying themselves such eye watering fees? We talk to buyout expert Peter Morris about this strange modern act of financial alchemy.

The show is made in partnership with The Library of Mistakes who are offering a 25% discount on their Practical History of Financial Markets course to listeners. Just follow this link https://www.libraryofmistakes.com/how-to/ and enter ALTIF25 into the box marked promo.

Presented by Jonathan Ford and Neil Collins.

With Peter Morris.

In partnership with the Library of Mistakes.

Produced and edited by Nick Hilton for Podot.

Hosted on Acast. See acast.com/privacy for more information.