Greensill, Gupta and Cameron: what went wrong | FT Film 

Perfect

Beautiful 😘😘

@@crossbearer6453 100% totally correct.

i hear you .. but 100% corruption is even worse.. come to zimbabwe

I think this is just a case of a bunch of ashes calling kettle black while forgetting that they are still tenants on the kettle until the next wash

Britain still makes an awful lot of stuff. More than we did in the 70's. A job in engineering is a guarantee that you'll always be in work in Britain

I have to rewatch the FT film but it looks like selling debt again. Cameron faces the parliamentary committee this afternoon.

@@jbrookshaw8438 It looks like that indeed - similar to the activities that caused the "crash" in 2007/8. Those responsible just walk away and leave others to pick up the pieces.

@@stevec6427 Engineering jobs will always be dependent on the economic cycle. For guaranteed work try nursing.

Colonial hangover....its not possible to still be the manufacturing hub without oppressing and stealing raw materials from the countries that these products were exported to

Their money mostly comes from Saudi, specially prince MBS. Let these crooks swindle each other

Very dodgy

@may shin they have not invested in CCP? Have they? Not yet?

@@AndreAndFriends softbank invested in alibaba. All chinese companies have links to ccp

Or wirecard

it's even more mind-blowing how each of them involves SoftBank. I feel like the name has become a household stable among financial failures...

@Mr Sigma Well...SoftBank is extremely big in Japan. They are kind of Japan's Goldman Sachs or JPMorgan. So it's kinda puzzling that they always involve with shady deals. In the case of Wirecard, they didn't lose anything. As soon as they announce the backing, SoftBank quickly resale the company's shares (of course, with little media coverage). Still, it's not that good to be involved with too many failures at the same time.

@@NhiNguyen-tj4co They ought to be called SoftBrain

@@nbarrett100 Well, tbh, I think they know that there is trouble with some failure they invested in. The whole investment with Wirecard is just for show, the one with the real loss is Deutsche Bank. They didn't own any share in Wirecard months before the company's collapse and barely told anyone about this. There was a lot of things went unnoticed so their brain might not be soft, but their ethics are definitely questionable.

human beings love rubbish when spoken about intelligently.

@@amusa8448 it's incredibly seductive and hilarious.

Should have used block-chain, crypto and NFT to get one more year of the scheme. 🤣🤣🤣

Bus stops?

Couldn’t agree more. It’s nauseating, especially because in reality, 95% of time that you hear somebody claim that something is using “AI and machine learning”, it’s actually just regular old computerised automation, the sort of thing that has been around since the 70s.

👍

This is still my favourite comment ever

if Credit Suisse shows up, run

Dnnis Skinner was spot on with that, not bad for an exe- collier.

CON-servative

Maybe he will go and work for Rupert Murdoch with the record he now has.

@@saqibq CONspiracy.

@@paulbird3235 Q

Softbank left the chat.

to be honest there is nothing AI or fintech about greensill, they are just doing some old school unsecured loans

@@csanton3946 Softbank: what's "Due Diligence"???

@@laylakarimi6589 they run a database therefore they're tech, innovators and AI.

I’m shocked you are shocked

@@zeeone4492 bruh like??! 😂😂😂

I'm 18 and have seen this kind of stuff for my whole short life in the UK.

The curruption begins with the royal family. The Queen was in the Panama papers for instance. It's rampant throughout the elites of the UK

It appears these steel works were unviable in the first place and Gupta kept these zombi companies going a bit longer by selling fake invoices to the factoring company. I expect Gupta will be prosecuted for fraud, and the factories will close.

It’s always the little people who suffer isn’t it?

@@juliewake4585 Dead right. It’s always those who have little or nothing and who are the innocents who lose the lot. Dreadful state of affairs

The man knows his Dire Straits :)

Who wrote that?

If moral values were given the crédit they are due, it would have led to better economical outcomes than those we face now.

@@franchil1390 I agree, but ask on!y one favour. Don't ask me to hold my breath awaiting that - not good at my age.

Jacky, you’re absolutely right and I couldn’t agree more. It brings me to the Arab proverb mentioned by our Illustrious Prophet (Peace Be Upon Him and His Progeny. He said: If the son of Adam had a mountain of gold, he would only want a second mountain of gold. Nothing will fill the mouth of the son of Adam except for the dust from his own grave.

@@CEO786 Just a pity that religion enables abuse far more often than it prevents...

Thank you!

Someone hasn't heard of any politicians outside of the west

You mean the war criminal Tony Blair

Hold my beer? I think you meant to write Hold My Sherry.

Well said

that's a precedent none of the current government wants to see made.

But he's lost a shed load of money and any good reputation he had.

is that how the legal system works now?

@@dotnb that sounds more like a wild card some lawyer would put out in court as defense.smh

These guys ever do, do they?

Ironically, David Cameron described Nigeria as being fantastically corrupt.

Stop giving him so much credit, such a weak argument. 17.4 million voters made Brexit possible.

@@microfarming8583 The 17.4 million voters were duped! A good CON has no bounds… when it comes to victims.

@@martinb1659 Voters get duped at every election every four years too, that's politics!

@@microfarming8583 No I don’t! Or nothing to the size of Brexit.

@@martinb1659 I voted Brexit and got more than I hoped for. I wasn't duped but you claim I was, yet another keyboard warrior with a huge superiority complex.

Thank you. You’re right, of course. This film would not exist without the original reporting from our brilliant journalists

Ok... I premepted them saying this.

“If it looks too good to be true it probably is.”

Thank you - too kind - and thanks for watching

GAM probably; they bought the illiquid, worthless notes.

Just use financial language waffle and it hides all from most.

Just because they have the same surname, doesn't mean they're related..

They are not related. So ignorant 😒

Jacob Rees-Mogg wants to know how anyone could live in such a small house

@@stevec6427 Joe Anderson can’t believe he didn’t get a bung of the developer who built it !💵💵

If you like this kind of stuff check Patrick Boyle on finance, here on youtube

Explain

@@zeeone4492 WeWork. Wirecard.

Thank you!

A very large investment in the company.

It must be pointed out . . . . that many women are fooled by other sorts of scams

Mate i Spent most of my life being flabbergasted But ppl actions. And it is only recently that I have come to the conclusion that nobody knows what they are doing and if they do they get easily distracted by shiny objects insecurities or some miss placed malice. No better the children I tell ya At least children have excuse for their actions And as for 'intelligent' successful ppl you woulda though atlest when they standing infront mirror getting measured for their Tailor made suit that atlest they would caught glimpse of their reflection in the mirror long enough to actually say to themselves I need a real legacy to match the fine suit I am getting measured for. But no it is like all the fine wines and suits are replacement for real substance. God damn shame that all the beauty in the world is wasted on ppl that wouldn't know class and style of it was starring them in the face.