Two Warning Shots as the Financial World Trembles
Have you heard of Sanjeev Gupta? The name might ring a faint bell.
Gupta is British ‘businessman’ who, for a time, looked like the saviour of the South Australia steelworks at Whyalla.
That wasn’t his only hustle.
He rode to fame for buying up old steel and industrial sites across the world. These businesses were often key to local employment, and he promised to return them to their former glory.
Gupta hustled for government subsidies to help keep them alive, playing politics off against economics.
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