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CHARLESTON — West Virginia Gov. Jim Justice confirmed on Tuesday that he is personally liable for $700 million in loans taken by his coal companies from a lender in the

by Tyler Durden Tuesday, Jun 01, 2021 - 09:25 AM The collapse of Greensill Capital has been the biggest financial scandal of the year so far, having set off a massive public corruption scandal in the UK that has deeply embarrassed the ruling Conservative Party due to the close involvement of former PM David Cameron, who was on the Greensill payroll and was caught trying to steer relief funds meant for small businesses to Greensill to help avert its collapse. Most recently, Credit Suisse cited Greensill as its reason for cutting off SoftBank from all future investment-banking business after th...

CHARLESTON, W.Va. (AP) — West Virginia Gov. Jim Justice confirmed on Tuesday that he is personally liable for $700 million in loans taken by his coal companies from a lender in the United Kingdom that went bankrupt. The Republican governor took shots at the bankrupt Greensill Capital U.K. and said “it is a burden on […]

It isn’t only politicians in Britain who are suffering from the collapse in March of supply-chain lender Greensill Capital. The governor of West Virginia, Jim Justice, could be personally on the hook for $700 million of loans taken out by his coal companies, according to the Wall Street Journal.

Chris Jackson/Associated Press West Virginia Gov. Jim Justice is reportedly on the hook for $700 million in loans from Greensill, the collapsed financial firm. Justice personally guaranteed loans Greensill made to his coal companies, The Wall Street Journal reported. Credit Suisse is trying to claw back cash for people who invested in its Greensill-linked funds. West Virginia Gov. Jim Justice is personally liable for around $700 million in loans that the collapsed financial firm Greensill Capital made to his coal companies, according to a report. Justice and his ...