and other borrowers to recoup money to make investors whole, according to people familiar with the discussions.has named Bluestone as one of three large borrowersBluestone hadn’t expected to begin repaying the Greensill loans until 2023 at the earliest, it said in ain a New York federal court alleging Greensill committed fraud in its lending practices.
Mr. Justice on Tuesday reiterated that theme, saying Greensill is a bad actor and that he wasn’t “going to let Greensill just get by with doing bad stuff.”Mr. Justice said his son, who is Bluestone’s chief executive, had been told by Greensill everything was fine two days before the firm filed for bankruptcy. Mr. Justice’s family had been using the loans to rebuild Bluestone, he said, after buying it back from a Russian company in 2015.
Mr. Justice said his family and companies would “continue to pay our obligations and move forward.” He promised to ignore the matter and concentrate on his work as governor. On Tuesday, he promoted a state raffle of free trucks and cash prizes to people who got vaccinated against Covid-19. Forbes this year dropped Mr. Justice from its billionaires list, owing to Greensill’s failure. It now pegs his net worth at $450 million, down from $1.2 billion in April 2020. His wealth stems from dozens of coal companies, farms and other businesses he and his family oversee, including the famed Greenbrier resort in White Sulphur Springs, W.Va.
🇺🇲🇺🇲🇺🇲Exactly a year ago 6/1/2020 Trump denounced the CCP, for its responsibilities, in the global pandemic that is already approaching 4 million dead and devastated the world economy, having in 2020 China as the only country that grew its GDP.
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