2min chapter

Business Daily cover image

Greensill: What went wrong?

Business Daily

CHAPTER

Greensill Capital

Greensill would continue to operate well, as long as the money kept flowing in. But once it stopped, then the whole thing came crashing down pretty fast. Why didn't anyone notice that this was going pear-shaped? That's a tough question for the answer. I think it appeared to be attracting more and more money,. so why rock the boat? The regulators were to some degree aware of problems at Greensill. It fell into a sort of black hole between several different regulators.

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