Greensill: British Business Bank’s ‘woefully inadequate’ checks put £335m at risk, say MPs

The committee looked at the role of the British Business Bank and said: “Up to £335m of taxpayer money is at increased risk following the British Business Bank’s failure to conduct sufficient due diligence into Greensill Capital ... when it applied to be a lender under the bank’s business support schemes.”

Capitalism/Institutionalism/Fascism: “When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it.” Frédéric Bastiat

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