One of the world’s leading supply chain finance companies, Greensill Capital, collapsed this week. [1] The collapse threatens a vast web of companies linked to Greensill, substantial losses for investors, and tens-of-thousands of jobs. It also highlights the risk embedded in the financial system with supply chain finance, which has been used to disguise mounting debt at troubled firms.
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Supply chain finance and the collapse of…
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One of the world’s leading supply chain finance companies, Greensill Capital, collapsed this week. [1] The collapse threatens a vast web of companies linked to Greensill, substantial losses for investors, and tens-of-thousands of jobs. It also highlights the risk embedded in the financial system with supply chain finance, which has been used to disguise mounting debt at troubled firms.