Jack Farchy
@jfarchy
Senior Reporter for Energy and Commodities at Bloomberg News. Co-author of The World for Sale:
3K Following 20.2K Followers
Radiant World has disclosed $870 million outstanding to six creditors who financed its receivables
"We have a deadly serious issue."
Rising tensions between Jefferies and Glencore over Radiant World are laid bare in a series of emails.
@cangsizhi
Radiant World Reveals Near-Empty Coffers to Jefferies Fund
@upmanyutrivedi
Glencore Took $480 Million Provision on Radiant World Exposure
Radiant World’s expansion was enabled by blue-chip firms, including Glencore and several top banks, who lent their money, connections and reputations to the little-known iron ore trader
@cangsizhi @megacontango
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Singapore’s police force said it has begun looking into Radiant World after receiving reports on the iron ore trader
DOJ, CFTC Investigating Iron Ore Trader Radiant World’s Deals
@KatLeighDoherty @megacontango
