Green sill arranges this type of funding, either through a bank or by packaging the supplier bills into bond like investments for its partner. Founder lex greensill grew up on a sugar cane and melon farm in australia. Two of his main personal mottoes are that he is making finance fairer and that he is democratizing capital.
Democratic leaders have reached a compromise on a deal that would limit who is eligible for $1,400 stimulus cheques. Plus, the FT’s capital markets correspondent Robert Smith unpacks the rapidly unfolding saga behind Greensill Capital and why the supply chain financier is on the verge of filing for insolvency.
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