David Cameron and Greensill: this toothless regulator is absurdly easy to sidestep

Alexander “Lex” Greensill, formerly of Morgan Stanley, is clearly a forceful and persuasive personality. The Autralian farmer-turned-financier was adviser to the government from 2012 to 2015, during which time, he appears to have convinced ministers to encourage companies to take up supply chain finance initiatives of the kind his own company provided.

David Cameron, who was UK prime minister at the time, recently confirmed…

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