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01Mar2021 Midday Update: Dow Rallies 2%, Heads For Biggest Gain In Nearly 4 Months As Bond Yields Decline, DOW Up Almost 600 Points At 1:30 ET, Nasdaq Up 2.6%, Gold Lower At 1726, WTI Crude Slips To 61.01, Bitcoin 48700

Less than a month ago, Lex Greensill was heralded as "the king of supply-chain finance"... London-based Greensill Capital was heralded for apparently revamping the humdrum business of supply-chain finance, a kind of lending that speeds up payments between companies. Bloomberg reported in early Feb that the 44-year-old financier says the firm provided $150 billion to businesses and customers in 175 countries last year. ... Senate Democrats are ditching a proposal to use tax code to penalize co...
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