West Virginia Governor Jim Justice II puts on a coal miner's hat that he said belonged to his father in Charleston, West Virginia, August 21, 2018. REUTERS/Leah Millis
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 personallyfor $700 million of loans taken out by his coal companies, according to the Wall Street Journal. The business of helping companies manage trade- and inventory-related cash flow is as old as the Blue Ridge Mountains. Greensill, however, pushed the limits in terms of risk and complexity