This was literally crony capitalism at its worst. > In other words, Greensill exclusively brokers the assets of Credit Suisse’s supply chain business. Then, by

This was literally crony capitalism at its worst. > In other words, Greensill exclusively brokers the assets of Credit Suisse’s supply chain business. Then, by some shocking coincidence, many of those assets end up financing companies funded by Greensill’s biggest investor, SoftBank’s Vision Fund — which already booked a $16.7-billion loss for its fiscal year ended March 31. Among the companies receiving the funds are car financing business Fair Financial, hotel chain OYO Hospitality, window manufacturer View and auto sales company Guazi. [1] This was from 2020 but the bailouts of Softbank companies by Greensill continued with their Katerra bailout this year! [2] [1] https://wolfstreet.com/2020/05/07/another-softbank-unicorn-gets-in-trouble-reverse-factoring-specialist-greensill/ https://wolfstreet.com/2020/05/07/another-softbank-unicorn-g... [2] https://www.archpaper.com/2021/01/softbank-bails-out-katerra-and-takes-majority-stake/ https://www.archpaper.com/2021/01/softbank-bails-out-katerra...