Greensill was making a shitload of money - other reasons they went under - not bad debts. The credit insurer pulled out as the risk they were covering was uninsurable - future invoices that hadn’t been delivered yet. A credit insurance policy covers for goods sold and delivered. There will be PI claims with broker who set the policy up. Very bad example trying to put fear into people regarding bad debts
Ann: Cirralto to Present at NWR Virtual Investor Conference, page-55
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