
Trust in a market where it pays to deceive?
Martin Vander Weyer’s Any Other Business I can’t claim to have invented the off-balance-sheet sleight-of-hand used by the Greek government, under the guidance of Goldman Sachs, to beggar itself so spectacularly. But I was certainly a pioneer in the field. Long ago, at Barclays, I devised a scheme to help a famous brewery (now, needless to say, a ‘hotel and leisure group’ operating under a different name) to deceive investors and analysts into believing its debts were smaller than they really were. My handiwork en-abled the brewer to borrow a seven-figure sum in order to lend smaller parcels of cash to its tied pubs — but through a special company