A mountain of related-party transactions are common in Sanjeev Gupta’s global empire, with one of his lesser-known Australian entities underlining the inter-dependency of his companies.
Downing Street’s dodgy dealings with Citigroup and Greensill show just how far the British government is willing to go to line the pockets of banks and other financial firms while bleeding taxpayers dry.
The collapse of UK-based supply chain finance firm Greensill Capital continues to reverberate. In Germany the private banking association has paid out around €2.7 billion to more than 20,500 Greensill Bank customers as part of its deposit guarantee scheme after the bank collapsed in early March. But the deposits of institutional investors such as other financial institutions, investment firms, and local authorities are not covered. Fifty municipalities are believed to be nursing losses of at least €500 million.
Downing Street’s dodgy dealings with Citigroup and Greensill show just how far the British government is willing to go to line the pockets of banks and other financial firms while bleeding taxpayers dry.
The collapse of UK-based supply chain finance firm Greensill Capital continues to reverberate. In Germany the private banking association has paid out around €2.7 billion to more than 20,500 Greensill Bank customers as part of its deposit guarantee scheme after the bank collapsed in early March. But the deposits of institutional investors such as other financial institutions, investment firms, and local authorities are not covered. Fifty municipalities are believed to be nursing losses of at least €500 million.
It truly is ‘Time to Ditch the Witch’
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It is unsurprising that the language used in the cut and thrust of politics can be insulting, but when it moves beyond what anyone might deem as acceptable it becomes abusive and threatening.
Some of this language we recognise immediately as dangerous. It is essential that we all call it out as such.
Other language used around politicians may not be dangerous. But it can be just as effective at reinforcing gender stereotypes about who our politicians should be.
Just this week we see the Mayor of Galway City Council, Councillor Mike Hubbard stepping back from his role following the escalation of threats made against him and his family. Also reported in the last few days is that the Gardaí recently increased armed security around Tánaiste Leo Varadkar.
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