It's fun watching Cameron getting his chestnuts roasted by the Treasury committee. Greensill Capital looks like a scam (allegedly) similar to a bait and switch. You tell the bond holders that you have Airbus etc as customers and are talking to the NHS to gain credibility. In reality your main customer is Mr Gupta and his steel business losing hundreds of millions of pounds. As soon as the credit insurers realised that it was Mr Gupta rather than blue chip credit risks they naturally pulled the plug.
I can't see David Cameron getting his knighthood or life peerage after this.
I would rather vote for the raving lunatic party than the tories they are systematically taking apart all that made this a once proud nation and sadly been backed by a duped public who apparently are unaware of through ignorance do not realise what is going on.
We live in a greed driven society.
It's fun watching Cameron getting his chestnuts roasted by the Treasury committee. Greensill Capital looks like a scam (allegedly) similar to a bait and switch. You tell the bond holders that you have Airbus etc as customers and are talking to the NHS to gain credibility. In reality your main customer is Mr Gupta and his steel business losing hundreds of millions of pounds. As soon as the credit insurers realised that it was Mr Gupta rather than blue chip credit risks they naturally pulled the plug.
I can't see David Cameron getting his knighthood or life peerage after this.
Yes, I think Dave has his arse flapping in the wind on this one, and no one is throwing him a bone.
Be surprised if we don’t need a new Health Secretary by the end of the day!
Lied, cheated, useless. Boris will be concerned he is making a push for number 10