Mega Edition: Leon Black Is Chased From The Apollo Boardroom By The Epstein Allegations (7/2/26)

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Hey, what's up everybody. Welcome to the program. I had
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an absolutely epic day to day. Now. We had something
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at current in Las Vegas today that is not something
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that happens very often here. You know that stuff that
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falls from the sky around the world in most places,
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you know, the water stuff. I think it's called rain. Yeah,
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we didn't have that for two hundred and fifty plus
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days at one point, a measurable amount anyway, But some
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of that stuff was falling out of the sky today
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in the Las Vegas Valley and then up on the
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western edge of the city when you got to about
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two thousand feet in elevation, there was actually this white
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stuff falling out of the sky too. Oh. Its unbelievable.
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I have no idea what it is. I think it's
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called snow. Yeah, I think that's what it is. But
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all kidding aside, it's very rare that it snows in
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Las Vegas, especially for a measurable amount. But on the
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west side of town, that's certainly what happened today. And
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up in the mountains where I was at, I was
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getting absolutely bombarded and I loved every second of it.
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I've been waiting for winter to creep up here in Nevada,
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in Las Vegas especially, and it has not come. It's
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always just an epic experience to go out and check
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out the desert in the winter when it's covered in snow.
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Just a different look, a whole different feel, a whole
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different place almost. So I'm very thankful that I was
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able to spend so many hours up there this morning.
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I'm just getting home a little while ago, and it
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was just such an epic adventure today for the one
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for the record books, any my record books anyway. So
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here I am now though, and come to find out,
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when I'm on my way home from the mountains, you know,
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taking a look at the the old news, and wouldn't
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you know it, mister Leon Black is stepping down as
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the CEO of Apollo Global. Now we knew the writing
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was on the wall, right. We've talked about that for
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quite some time here on the podcast, and this seems
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to be the route that all of these people end
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up going. Just take a look at every single person
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that was intimately involved with Epstein, all of these business
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people that were very close to him, besides Jess Staley
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now have had to step back from the companies they've
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built from the positions that they were in. And I
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would think that somebody like Leon Black might also be
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facing some sort of civil, if not criminal investigation as
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well as all of this begins to unfold. But this,
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this is always the first step, right, these guys deciding,
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oh well, I have decided that I'm going to step
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down for my company, and this is all my own choosing.
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It's in the best interest, No, bitch, the best interest
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would have been you never paldling around with Jeffrey Epstein,
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or the fact that you were dishonest with how much
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money you really sent Jeffrey Epstein. And in fact, I'll
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go a step further, I'm of the opinion that it's
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even more money than we're going to discuss in this article.
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This is just what they could find, or what this
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law firm could find. I suspect that it's a lot
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more money, and I wouldn't be shocked if a lot
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of that money is untraceable running through shell companies and
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LLCs and all of the other different levers that these
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idiots use to continue to steal from society and continue
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to be involved in their decades long criminals Breeze. These
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people are all all definitely involved with Epstein. Okay, there's
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no disputing that. I mean, there was no disputing that
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when we had the first bit of evidence come out.
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But people did, right. Oh well, these ties are tentative
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at best, you know, I mean, come on, maybe they
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were just maybe they just were in business together. Yeah.
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Out of all of the people in the whole entire
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financial world, you mean to tell me that, Leon, don't
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call me slim shady black. Couldn't find anybody else to
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get advice from besides the Coney Island hot dog vendor
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Jeffrey Epstein. Come on, man, as President Biden would say,
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come on, man, it's it's laughable at best. Right. So look,
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I'm I'm not going to sit here and tell you
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that I know what they're behind the scene business was,
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but I will tell you this, I'm pretty damn sure
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it had nothing to do with charity. I'm pretty damn
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sure it had nothing to do with anything besides these
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two idiots enriching themselves once again. And the sad part
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is all of these banks like Deutsche Bank, JP, Morgan,
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all of the rest of them were all in on
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the take. They were all in on the con and
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they just get slapped with some weak ass penalties institutional penalties,
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by the way, not even penalties slapped on the actual
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people involved, you know, the management. I'm not talking about
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the frontline people who don't have any power, the regular workers.
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You know. It's just like the frontline FBI agent. You know,
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he puts together a case or she puts together a case,
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and they bring it to their superior and the superior
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throws it up the chain and it either you know,
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gets legs, he gets stepped on. So it's never the
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front line worker's fault for the most part. I mean,
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I guess you could say they could quit and find
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something else to do. But my point is the people
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who are in charge, all of these people who were
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in charge at these banks, the personal wealth financier folk
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what's her name, like the lady who was lending Donald
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Trump all of that money from Deutsche Bank. All of
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these people that are involved with these billionaires and these
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people who eventually get nailed for some sort of financial crime.
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If you were the one facilitating those transactions as their
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banker or their advisor or their go to person, then
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I think that you should have to answer for these
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crimes as well. You helped facilitate them. What makes it
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makes these people or these institutions get off the hook.
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I was helping you commit some sort of crime, you
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better damn well I'd be charged. So I want to
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see the same thing for these people there. They're not
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above the law. These banks aren't above the law. They
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think they are after the two thousand and eight two
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thousand and nine Great recession in the collapse, and none
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of them went to jail. They were all emboldened, right,
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very brazen. It was real good and real nice for
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all of us to bail them out when they were
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absolutely wiped out by their own poor decision making. But now,
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what is it? Eight million New Americans or fifteen million
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New Americans have slipped into poverty throughout this pandemic. And
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have any of these banks stood tall before the wagon
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to help these people out? Oh yeah, no. You could
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throw your rent onto the back end of your loan,
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or they'd give you a balloon payment or some other nonsense.
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How about just the straight up rent freeze for a year?
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I know would really kill some of these banks, right
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and again, usually I'm not for that kind of thing,
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I don't you know. I'm not big on regulation for
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the most part in most sectors. But these banks have
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just proven themselves to be such scoundrels and such just
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evil people, almost right, with no moral compass whatsoever. Look,
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it's one thing to be a shark in the business
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world and make some money. It's another thing all together
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to aid in a bet basically a sexual predator like
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Jeffrey Epstein, and lord knows who else. I mean, look
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at what the Fins and Files has knocked loose from
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the tree, all the different scumbags that these banks are
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in bed with, and you know, the Paradise papers and
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the Panama papers, and we can go on and on
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and on. How many more examples are needed that these
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people don't have the best interest of the vast majority
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of us in their minds. Oh, they're more worried about,
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you know, consolidating power and enriching themselves more and more
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and more. I mean, Leon Black has a billion dollar
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art collection. What the do you need a billion dollar
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art collection for. I mean, okay, I get it, it's
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your money, cool, whatever, But when you're somebody like him,
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who is obviously playing in shadowy areas of the world,
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hanging out with Jeffrey Epstein, being involved in lord knows
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what else. Well, I don't have you know, I don't
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feel the same way I would if it was somebody
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who made their money on their own and was, you know,
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somebody who is a decent human being, then it's ay, whatever,
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you want to have a billion dollar art collection, great,
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But it's obvious that Leon Black is one of those
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so called elites who really does not care about nothing
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but increasing his own wealth and his own power. And
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even a scumball like Jeffrey Epstein who was set a
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light with radiation and a fallout from his scandals, even
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somebody like that was acceptable if it meant a couple
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more dollars could be made, or a door or two
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could be opened. But now Leon Black is facing the music.
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He's stepping down as of July, and you know, we'll
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see what we see. Right. This is always the first step, though,
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and I think it's a significant step when we're dealing
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with somebody as powerful as Leon slim shady Black. So
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let's jump into this article from the New York Times
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and see what the New York Times has to say
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about what happened in the Apollo Global boardroom. Headline Apollo
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CEO to step down after firm finds more payments Tojeffrey Epstein. Boy,
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isn't that nice? More payments? Huh? So, not only are
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you a scumbag for hanging out with Jeffrey Epstein, you
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obviously lied about the extent of your relationship with Epstein,
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the extent of your financial support of Epstein. Just like
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I said here on the podcast, right, how long have
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I been telling you guys that, in my opinion, this
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dude's telling big gigantic tall tells. You can tell when
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you started reading between the lines. You read enough of
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these articles and you start to understand the picture starts
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to really come into view. And it was very obvious
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to me that Leon Black was in with Jeffrey Epstein
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a lot deeper. Fifty million dollars is one thing, right,
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It's a lot of money. So when you start saying
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to yourself, all right, fifty million, how much more was
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he in to Epstein? For? How much more did he
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have invested in Epstein? Because you know that number is
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going to balloon? And here we are are with the
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New York Times, who I gotta tell you, I'm very
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critical of a lot of Times, but they've done a
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good job with this Leon Black story. They've been very,
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very on the hunt when it comes to Leon Black,
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and I think that that is a good thing when
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we're talking about this case. So the New York Times
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has continued their pursuit of this Leon Black angle and
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they have not let him off the hook, and I
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think that's promising right the Leon you know, for people
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who aren't familiar with the financial world really or who
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don't follow the financial sector, and I am no, you know,
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no genius about it either, not somebody who follows it
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religiously either. But Leon Black is a very very very
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powerful man. I mean him and his two partners built
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Apollo Global into just an absolute juggernaut, an absolute passe
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in the financial sector. And for a guy like this
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to seed power in any way, it's a huge development,
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a huge development. And I believe that with the writing
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on the wall, we're going to see and hear a
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lot more damning stuff about Leon Black as all of
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this continues to mushroom mushroom, cloud out and drop radiation. Now,
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I don't think Leon Black was involved in abusing any
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of the girls, we have not heard anything like that.
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But financially, I mean his ties with Epstein financially and
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how close they were personally as well. You see, like
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the rest of the scumbags that we're hanging out with,
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Jeffrey Epstein, Leon Black has not been truthful, So why
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should we believe him about anything he has to say
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if he can't be truthful about the very basics. This
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article was authored by Matthew Goldstein and Katherine Rosman, the
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founders of Apollo Global Management, one of the world's biggest
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private equity firms, engaged in a brief power struggle this
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weekend over control of the firm, a riff that opened
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up after an inquiry revealed that one founder, Apollo's chief
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executive and chairman, Leon Black, had paid more than one
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hundred and fifty million dollars to the convicted sex offender
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Jeffrey Epstein one hundred and fifty million dollars for advice.
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Come on, give me a break. The Coney Island hot
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dog vendor Jeffrey Epstein is not dropping knowledge that's worth
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one hundred and fifty million dollars, As Michael Corleone would say,
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He's not even a wartime consigliari. One hundred and fifty
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eight dollars. What you insane. Come on, who's buying that?
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What the hell was that money really for? That's the
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real question, right if we want to get down to it,
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if we want to just push away all of the
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garnish and all of the side dishes and dig right
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into the meat of the situation, what in the hell
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was all of that money really for. On Monday, mister
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Black announced a plan to step down as chief executive
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this year. I have advised the Apollo board that I
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will retire as CEO on or before my seventieth birthday
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in July and remain as chairman. He said in his statement.
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Oh that sounds familiar, doesn't it if you recall, don't
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you remember our good buddy Les Wexner thought he was
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going to remain chairman as well. Yeah, it's not gonna
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work out so well for him, and I have a
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funny feeling it's not going to work out so well
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for mister Black either. We talked about a second ago
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how there was a boardroom battle basically, and the fact
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that it leaked out means it was a bigger blowout
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than even talked about in this article. You see, these
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are well kept secrets when it comes to these sorts
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of Wall Street firms and companies. Things do not leave
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those boardrooms. It's like the Pentagon people are real tight lipped.
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We're talking about a firm that has a four hundred
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and thirty four billion dollar steak. These people are tight lipped.
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And the fact that it leaked that there was a
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struggle in that boardroom is just bad news for Leon Black.
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And the writing is on the wall, folks. And I
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will go as far to say I don't see him
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being the chairman of this company for much longer either.
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I think that he's going to get pushed out. It's
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only a matter of time, and it's only a matter
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of when the other partners decide that it is chopping hour.
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The review ordered by the firm's board at mister blacks
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behest in October after The New York Times detailed at
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least seventy five million in payments, found that mister Black
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it paid mister Epstein one hundred and fifty eight million
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in a five year period ending in twenty and seventeen.
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So let me get this straight, Leon Black paid Jeffrey
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Epstein as much money as Deutsche Bank was fined. So
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what in the hell could he possibly have been paying
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for that cost as much as what the federal government
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find Deutsche Bank for money laundering and other scumbaggery tactics
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one hundred and fifty eight million dollars. What in the
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f was that money for? Where did it go? There's
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no explanation for it. Oh, he'll say it was for
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services rendered, right, Oh, it was for advisory services, fair taxes.
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Oh yeah, this is exactly the guy that you want
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to hire. You're Leon Black, bro, You're in charge of
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everybody else's pensions. You're in charge of billions and billions
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of billions and hundreds of billions of dollars, and you're
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going to Jeffrey Epstein for personal advice about finances. You
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dumb dick. Why would I park one single dollar with you?
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So?
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Yeah, probably a good idea to step down. He had
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also lent mister Epstein more than thirty million dollars, only
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ten million of which was paid back, the report found.
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Oh yeah, only ten you know, thirty million, but I'll
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pay you back ten million. Oh, Leon, no big deal, right,
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here's a little ten million. Why would Jeffrey Epstein need
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to borrow thirty million dollars if he was paid one
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hundred and fifty eight million dollars for services rendered. Survey
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says the shit don't add up, and the deeper we
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get into this, the less any of it makes sense,
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especially on this paper chase, especially on this winding road
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we find ourselves on that is following the money. And folks,
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let me tell you what. There used to be a
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basketball game when I was growing up called NBA Jam
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And when one of the players would hit a bunch
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of shots, it would say he's eating up. And then
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the guy would hit another shot, and the announcer in
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the game would go, He's on fire. That's how I
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feel right now. We're on fire. With this financial portion
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of this case, we are turning all kinds of corners here, folks,
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And with people like Leon Black having to step down
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and face the music in his own boardroom, it only
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goes to show that we are on the correct path
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with this financial chase. One hundred percent mister Black's payments
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effectively bankrolled the lifestyle of mister Epstein, who mister Black
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viewed as a confirmed bachelor with eclectic tastes. Oh yeah,
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you know, I'm sure that's what they said about Hannibal
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Lecter two at all of the dinner parties, according to
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the report, in the years after his two thousand and
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eight guilty plea in Florida to a prostitution charge involving
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a teenage girl. Yeah, because you know, Jeffrey Epstein's just
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the bell of the ball, isn't he just the greatest
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guy ever? The Coney Island hot dog vendor from Nathan's
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Leon Black, you have no business managing anybody's money. And
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if I was one of your partners forget a boardroom blowout,
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I would have been at your front porch and been like, bitch,
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you talked shit at eight, I am on your porch
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at nine. This porch is now mine. Because this guy
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is absolutely toxic to the company. Everything about him is
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going to blow up and Apollo's face. If Apollo was smart,
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they would cut ties completely with him, and then they
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would try and get involved in, you know, setting up
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some sort of fund for survivors of this sort of
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behavior or something. Because it's obvious that Leon Black was
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pouring oodles and oodles of money into Jeffrey Epstein and
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my friends. It wasn't for one hundred and fifty eight
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million dollars worth of advice in my opinion. Also, mister
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Black believed that mister Epstein had served his time for
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that case and deserved a second chance. Of the report said, boy,
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isn't that nice? A second chance for a convicted sex
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offender who was trying to pay underage girls to have
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sex with him. Hell of a guy, certainly the kind
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of guy that deserves a second chance, said Richard Ramirez,
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00:22:03.279 --> 00:22:06.079
the Nightstalker. I mean, are you kidding me right now?
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Second chance? How about no? How about buried under the
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00:22:10.759 --> 00:22:17.480
jail chance? How about chemically castrated chance? Second chance byfon
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gul Are you kidding me right now? And this is
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the sort of slot we're supposed topect supposed to accept
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from these people, the most powerful amongst us, the movers
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00:22:28.599 --> 00:22:33.640
and the shakers, more like the moronic and the stupid.
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It found there was no evidence that mister Black had
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participated in any of mister Epstein's criminal activities, or that
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mister Epstein had ever introduced mister Black to any underage girl. Now,
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I've never seen any evidence of that either, to be
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honest with you, and you know that we're not LARPing
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on this show. We're not playing fantasy here. This isn't
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an episode of Dungeons and Dragons. This isn't an episode
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of I Want it to be true. This is the
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case as it happens and as it unfolds, and from
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where I'm sitting, mister Black doesn't have anything to answer
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for when it comes to the girls being abused, as
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in being personally responsible. Mister Black, on the other hand,
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his crimes, if there are any here, which certainly seems
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like there might be, would be financial. And that's again
355
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why RICO is so crucial. But remember, Denise George has
356
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a SECU case going in the Virgin Islands, so that's
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a civil RICO case and it affords her a lot
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of mobility in how she applies to the law and
359
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how she pursues things. So Leon Black is He's in
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serious jeopardy here, folks. And I don't just mean civilly.
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I think that if there is a real look at
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the financial portion of all of this, that there'll be
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00:24:03.319 --> 00:24:07.880
no doubt that Leon Black and Jeffrey Epstein were involved
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in some shady financial dealings together. I mean, we've already
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talked about the art world. We've established how dark and
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how dirty the money is in the art world, and
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now we're talking about the man with the largest art
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collection in the world hanging out with Jeffrey Epstein one
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00:24:24.839 --> 00:24:27.759
hundred and fifty eight million to Jeffrey Epstein, thirty million
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in a loan to Jeffrey Epstein ten million, which only
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ten million was paid back. I mean, come on, all right,
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where there's smoke, there's fire. This dude is obviously a
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fellow traveler at the very least the details of their
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financial dealings. Mister Epstein's advice was worth perhaps two billion
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00:24:49.839 --> 00:24:52.839
in tax savings to mister Black, according to the report.
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All right, so perfect one of those needs to be
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looked at stringently. They should all be subpoenaed, and they
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should all be entered as evidence in the case. And
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if mister Black cannot provide the receipts for this stuff,
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well then he is in big trouble because then the
381
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Irs can move in and audit him and go after
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00:25:12.519 --> 00:25:15.240
him for tax evasion and all kinds of other wild shit.
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And folks, when they have probable calls and they get
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just a little bite into you, oh they're gonna try
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and take out a whole chunk. So mister Black talking
386
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about how Epstein's advice was worth two billion in savings.
387
00:25:29.039 --> 00:25:38.440
My dude, you better have some receipts. The report created
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00:25:38.480 --> 00:25:41.920
friction between mister Black and one of Apollo's other founders,
389
00:25:42.240 --> 00:25:47.079
Joshua Harris. According to three people briefed on the discussions, again,
390
00:25:47.119 --> 00:25:50.400
that's insane. You never hear this kind of stuff leaking
391
00:25:50.480 --> 00:25:54.200
out of a boardroom. It just doesn't happen, not a
392
00:25:54.200 --> 00:25:56.680
boardroom like this, And for it to be one of
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00:25:56.680 --> 00:26:00.640
the other founders, a powerful dude like Joshua Harris, Yo,
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00:26:00.960 --> 00:26:03.319
Leon Black is in for the fight of his life.
395
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He is not going to remain chairman. I highly doubt
396
00:26:07.480 --> 00:26:10.319
this dude is going to remain chairman when all is
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00:26:10.359 --> 00:26:14.440
said and done. He's already given up the CEO title
398
00:26:14.799 --> 00:26:17.759
and he feels like, well, maybe if I sacrifice this title,
399
00:26:18.000 --> 00:26:20.880
I'll be able to hold on to some remnant of power.
400
00:26:21.440 --> 00:26:24.359
But in reality, what he has done now he's shown
401
00:26:24.400 --> 00:26:27.640
his belly to these dudes, And when you show your
402
00:26:27.799 --> 00:26:32.039
belly to the other wolf that you're fighting, you're bound
403
00:26:32.559 --> 00:26:40.599
to end up disembowled and speaking professionally, that's what's occurring here,
404
00:26:40.920 --> 00:26:44.920
because let's not act like these guys aren't you know wolves,
405
00:26:45.720 --> 00:26:48.839
These guys who work in the financial district are most
406
00:26:48.839 --> 00:26:56.880
certainly wolves, and that's not a joke or hyperbole. They're
407
00:26:56.880 --> 00:26:59.480
in it to win it, and Leon Black is now
408
00:26:59.519 --> 00:27:02.440
a liab ability and he can no longer lead the pack.
409
00:27:06.119 --> 00:27:09.880
In recent months, Apollo investors had begun openly questioning the
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00:27:09.920 --> 00:27:14.200
financial ties between mister Black and mister Epstein, who died
411
00:27:14.240 --> 00:27:18.119
in twenty nineteen. One of the people said mister Harris
412
00:27:18.119 --> 00:27:22.000
believed that mister Black showed poor judgment in consorting with
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00:27:22.000 --> 00:27:25.440
mister Epstein, and that the new findings would further hurt
414
00:27:25.480 --> 00:27:31.400
Apollo's reputation. Yo Joshua Harris knows the deal. He's basically
415
00:27:31.480 --> 00:27:35.119
saying in a shorter version of what I was just
416
00:27:35.200 --> 00:27:41.039
talking about. Leon Black is now toxic. He is not
417
00:27:41.160 --> 00:27:45.640
somebody that is going to be around for much longer
418
00:27:45.880 --> 00:27:49.000
in any capacity at Blackstone. And I don't care if
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00:27:49.000 --> 00:27:51.519
he created the company. Just take a look at Wexner,
420
00:27:52.720 --> 00:27:55.599
the longest running CEO in the business. Acts to see
421
00:27:55.640 --> 00:28:02.119
you later. And and if anyone thinks that Leon Black
422
00:28:02.240 --> 00:28:05.079
is going to avoid this, he is not. You see,
423
00:28:05.079 --> 00:28:07.759
the people around him have ing circled the wagons to
424
00:28:07.799 --> 00:28:13.240
protect him. He hasn't been given an endorsement by the board.
425
00:28:13.960 --> 00:28:17.680
In fact, that's where he's getting his most pushback. So
426
00:28:19.119 --> 00:28:23.759
when that happens, it is bad news for these people
427
00:28:23.880 --> 00:28:27.279
in the financial sector and these people who are involved
428
00:28:27.799 --> 00:28:32.640
in a boardroom atmosphere like this. It's basically a hostile takeover.
429
00:28:35.839 --> 00:28:39.440
Apollo's board held a video conference on Sunday to approve
430
00:28:39.519 --> 00:28:42.759
the findings of the review. According to two people briefed
431
00:28:42.759 --> 00:28:46.680
on the discussions. At the meeting, mister Black also announced
432
00:28:46.720 --> 00:28:49.759
his plans to step down this year and hand over
433
00:28:49.839 --> 00:28:53.920
the chief executive job to Mark Rowan, Apollo's third founder,
434
00:28:54.680 --> 00:28:57.319
which I find a little bit weird because Mark Rowan
435
00:28:57.680 --> 00:29:01.559
was basically on like some sort of like aticle since
436
00:29:01.640 --> 00:29:04.480
last July, and now all of a sudden he's sliding
437
00:29:04.559 --> 00:29:10.880
back into the CEO role. Why not, Harris? There's a
438
00:29:10.880 --> 00:29:13.640
lot going on here, folks, behind the scenes, and if
439
00:29:13.640 --> 00:29:17.240
this is what's leaking out, you can only imagine the
440
00:29:17.319 --> 00:29:26.400
tea that's dripping within that boardroom. Mister Black intends to
441
00:29:26.400 --> 00:29:29.440
remain chairman of the New York firm, which manages four
442
00:29:29.480 --> 00:29:34.200
hundred and fifty five billion for institutional investors, including pension
443
00:29:34.279 --> 00:29:38.839
plans and sovereign wealth firms funds. During a series of
444
00:29:38.839 --> 00:29:42.920
meetings on Sunday evening, including with individual board members, mister
445
00:29:43.039 --> 00:29:46.519
Harris raised objections to mister Black's timeline for stepping down,
446
00:29:47.079 --> 00:29:51.039
believing that the reputational threat was so serious that mister
447
00:29:51.160 --> 00:29:55.279
Black should relinquish the chief executive role without delay. The
448
00:29:55.319 --> 00:29:59.960
people said, yep, this is a hostile takeover. We're talking
449
00:30:00.000 --> 00:30:02.640
talking about like you know, I always reference the show Billions.
450
00:30:02.920 --> 00:30:05.799
This is some straight up Bobby Axelrod shit right here.
451
00:30:06.119 --> 00:30:10.079
Joshua Harris is making his move, folks. That's what's going on.
452
00:30:10.359 --> 00:30:12.680
They're trying to get rid of Leon Black. This is
453
00:30:12.720 --> 00:30:15.400
their way to do it, and they're gonna shoehorn this issue,
454
00:30:15.680 --> 00:30:19.119
and Harris especially, and he's going to make sure that
455
00:30:19.359 --> 00:30:22.960
Black is gone. You know how much money these guys
456
00:30:22.960 --> 00:30:28.799
have lost because of Black's piss poor decision making. Talk
457
00:30:28.839 --> 00:30:35.880
about a liability. Mister Harris also made his case to
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00:30:35.960 --> 00:30:40.440
his co founders that night in discussions with Apollos executive committee,
459
00:30:40.559 --> 00:30:43.440
which consists of the three of them. In the end,
460
00:30:43.559 --> 00:30:46.480
mister Harris's objections fell on deaf ears said to the people,
461
00:30:46.720 --> 00:30:52.160
who requested anonymity to discuss private deliberations, now that goes
462
00:30:52.200 --> 00:30:55.279
to show you just how much power Leon Black has. Right,
463
00:30:56.240 --> 00:31:00.240
people are still scared. People aren't going to let anything out.
464
00:31:00.279 --> 00:31:04.519
They're gonna try and be as quiet as possible. But
465
00:31:04.559 --> 00:31:07.839
what will happen is people from Harris's camp and the
466
00:31:07.880 --> 00:31:11.160
people who were on the let's get rid of this knucklehead,
467
00:31:11.359 --> 00:31:14.359
meaning Leon Black, those are the people who are gonna
468
00:31:14.400 --> 00:31:17.680
leak little tidbits out. And eventually the seas are going
469
00:31:17.720 --> 00:31:21.480
to get very very choppy, as if they're not choppy enough,
470
00:31:22.160 --> 00:31:26.680
and Leon Black is gonna find out that he's navigating much,
471
00:31:27.079 --> 00:31:30.400
much too close to the reef, and eventually he's gonna
472
00:31:30.440 --> 00:31:36.759
have to bail. Mister Rowan, who built Apollo's insurance business
473
00:31:36.960 --> 00:31:39.480
but had largely stepped away from the firm's day to
474
00:31:39.559 --> 00:31:43.079
day operations in recent years, will take over when mister
475
00:31:43.160 --> 00:31:46.759
Black steps down. And again the Rowan situation, this is weird.
476
00:31:46.920 --> 00:31:48.599
I'm gonna have to dig a little bit deeper into
477
00:31:48.599 --> 00:31:54.519
this and go back and re up on how Rowan
478
00:31:54.559 --> 00:31:56.759
stepped down and why Roan was stepping back and what
479
00:31:56.799 --> 00:31:59.319
the issues were. I remember there were some stuff there,
480
00:31:59.319 --> 00:32:02.599
but not another to dig to go deep right now,
481
00:32:03.200 --> 00:32:05.960
But it's just odd that of all the people that
482
00:32:06.000 --> 00:32:08.960
could have stepped into the leadership role, they're calling Rowan
483
00:32:09.039 --> 00:32:17.759
out of basic retirement. Why not Harris? Very interesting. Mister
484
00:32:17.839 --> 00:32:20.920
Black informed Apollos clients of the succession plan and the
485
00:32:20.960 --> 00:32:23.480
findings of the review in a letter on Monday evening.
486
00:32:24.119 --> 00:32:26.720
Mister Harris will continue in his current role as senior
487
00:32:26.799 --> 00:32:31.240
managing Director, focused on the firm's financial performance and working
488
00:32:31.359 --> 00:32:34.920
closely with mister Rowan, according to the letter, the contents
489
00:32:34.960 --> 00:32:38.480
of which were reviewed by The Times. The letter also
490
00:32:38.599 --> 00:32:43.119
informed clients of other proposed governance changes, including adding four
491
00:32:43.160 --> 00:32:48.240
more independent directors. It also laid out mister Black's plan
492
00:32:48.599 --> 00:32:52.480
to donate two hundred million dollars to charities that support
493
00:32:52.599 --> 00:32:58.480
gender equality and fight sex trafficking. Talk about cover your ass,
494
00:32:59.799 --> 00:33:02.960
and that's exactly what he's doing here. If you really
495
00:33:03.000 --> 00:33:05.559
wanted to fight against sex trafficking and you really cared
496
00:33:05.599 --> 00:33:09.759
about gender equality, you never would have been covorting with
497
00:33:09.880 --> 00:33:14.400
a convicted sex offender in the first place. So go
498
00:33:14.400 --> 00:33:17.079
ahead and donate the money and hopefully it goes to
499
00:33:17.119 --> 00:33:20.480
a good use. But that doesn't absolve you of what's
500
00:33:20.519 --> 00:33:22.880
going on here, and that's certainly not going to make
501
00:33:22.960 --> 00:33:25.759
us shrug our shoulders and walk away and say, oh, well,
502
00:33:25.759 --> 00:33:28.000
he donated some money, so let's not dig any deeper.
503
00:33:28.119 --> 00:33:32.319
Let's just forget this all happened. Sorry, pal, that's not
504
00:33:32.359 --> 00:33:37.319
going to cut it. The review, conducted by the law
505
00:33:37.319 --> 00:33:40.880
firm Deckert, began after The Times reported that mister Black
506
00:33:41.119 --> 00:33:43.920
had paid mister Epstein at least seventy five million in
507
00:33:43.960 --> 00:33:47.720
the years after his two thousand and eight case in Florida.
508
00:33:47.920 --> 00:33:51.960
Mister Epstein killed himself allegedly inside of Manhattan jail cell
509
00:33:52.000 --> 00:33:55.839
while facing federal sex trafficking charges, which were filed amid
510
00:33:55.920 --> 00:33:59.279
widespread scrutiny of the plea deal he had reached a
511
00:33:59.359 --> 00:34:03.599
decade or Yeah, widespread scrutiny. All of that right, perfect,
512
00:34:03.880 --> 00:34:06.200
So now's the time to change it. We can fix it.
513
00:34:06.680 --> 00:34:10.199
The ball is in your court, Eleventh Circuit Court of Appeals.
514
00:34:10.440 --> 00:34:12.760
Don't you see all of this other shit that's happening
515
00:34:12.800 --> 00:34:15.639
around you, all of this other stuff going on in
516
00:34:15.679 --> 00:34:20.960
the case. Doesn't that lead you to believe that this
517
00:34:21.119 --> 00:34:24.239
non prosecution agreement was garbage and should be done away with.
518
00:34:25.599 --> 00:34:27.920
I really hope that the Eleventh Circuit Court does the
519
00:34:28.000 --> 00:34:32.440
right thing here. Dekker's review found that mister Epstein had
520
00:34:32.480 --> 00:34:36.519
provided legitimate advice. Oh yeah, I'm sure legitimate advice. Again,
521
00:34:37.280 --> 00:34:39.440
this guy needs to go to Jeffrey Epstein to get
522
00:34:39.480 --> 00:34:44.599
advice about financial matters. So does that mean he was
523
00:34:44.679 --> 00:34:49.400
investing his client's money on Jeffrey Epstein's advice. If so,
524
00:34:49.800 --> 00:34:51.920
and I was one of those people whose money was
525
00:34:51.960 --> 00:34:57.679
being invested, I would be livid. Okay, I'd be calling
526
00:34:57.719 --> 00:35:00.159
there and I'd be asking to speak to Josh what
527
00:35:00.199 --> 00:35:03.039
Harris directly and letting him know that I one hundred
528
00:35:03.039 --> 00:35:06.960
percent had his back, and I want him to continue
529
00:35:07.000 --> 00:35:11.559
to pursue getting rid of Black right away. It's an
530
00:35:11.639 --> 00:35:23.840
absolute joke on trust in the state, planning, tax issues
531
00:35:23.840 --> 00:35:27.519
and matters related to mister Black's extensive art collection and
532
00:35:27.679 --> 00:35:31.800
other subjects. So Jeffrey Epstein was an art appraiser as well. Man,
533
00:35:31.840 --> 00:35:36.119
This dude sure wore many hats. Very talented man, very talented.
534
00:35:36.199 --> 00:35:40.159
Mister Jeffrey Epstein, like Vanity Affair called him, right, gives
535
00:35:40.199 --> 00:35:44.719
me a break. Okay, where was the money really going?
536
00:35:44.800 --> 00:35:49.199
What were you paying for? Not for advice about art? Okay,
537
00:35:49.880 --> 00:35:51.760
I can give you some advice about art. You paid
538
00:35:51.760 --> 00:35:55.360
too much for it, all right, sell your art collection
539
00:35:55.440 --> 00:35:58.960
and go feed the homeless. You epic idiot, you moron,
540
00:35:59.199 --> 00:36:04.840
you jack off Off. Deckert said the value of the
541
00:36:04.880 --> 00:36:07.639
tax savings to mister Black was at least one billion
542
00:36:07.920 --> 00:36:11.159
and possibly as much as two billion, though at the
543
00:36:11.199 --> 00:36:14.639
same time, the law firm noted mister Epstein also would
544
00:36:14.679 --> 00:36:17.960
seek to take credit for good ideas regardless of his
545
00:36:18.079 --> 00:36:21.679
level of involvement, which likely was intended to bolster his
546
00:36:21.840 --> 00:36:25.079
perceived value to Black. What they're trying to do is
547
00:36:25.760 --> 00:36:28.800
insulate Black here, Like I said, they would, Deckert, give
548
00:36:28.800 --> 00:36:33.000
me a break, Okay, give me a break. Oh, it
549
00:36:33.079 --> 00:36:37.199
was just Jeffrey Epstein. Was this just absolute arch criminal
550
00:36:37.199 --> 00:36:40.280
and he was just out smarting everybody. Hey, how's smarter
551
00:36:40.400 --> 00:36:42.840
the people who tell us every day how smart they are?
552
00:36:45.239 --> 00:36:47.559
So I guess from going forward, all of these idiots
553
00:36:47.559 --> 00:36:49.800
who told us how smart they are, we can just
554
00:36:50.559 --> 00:36:52.559
put a stamp on it now and file it as
555
00:36:52.559 --> 00:36:54.719
a done deal that they're not as smart as they
556
00:36:54.760 --> 00:36:58.599
thought they were. Huh. Jeffrey Epstein obviously bamboozled all of them.
557
00:36:58.719 --> 00:37:01.920
That's what they'd have us believe, when in reality we
558
00:37:02.000 --> 00:37:05.320
know that's not the case. We know they knew, eyes
559
00:37:05.840 --> 00:37:09.559
wide open, what was going on. They knew what's sort
560
00:37:09.599 --> 00:37:12.199
of vermin they were in bed with when they got
561
00:37:12.239 --> 00:37:17.920
in bed with Jeffrey Epstein. And now when it comes
562
00:37:17.960 --> 00:37:21.519
time to pay the bill, nobody has any money. It
563
00:37:21.519 --> 00:37:28.599
would seem the relationship began to deteriorate in twenty sixteen,
564
00:37:28.599 --> 00:37:31.719
the report said, amid a payment dispute over tens of
565
00:37:31.760 --> 00:37:34.920
millions of dollars in fees. The two men did not
566
00:37:35.000 --> 00:37:41.119
communicate after twenty eighteen, according to the review, Oh that's convenient.
567
00:37:41.480 --> 00:37:44.559
I'm sure Leon Black didn't hear anything in the pipeline
568
00:37:44.559 --> 00:37:47.840
about Jeffrey Epstein getting in trouble and started to distance himself.
569
00:37:48.239 --> 00:37:51.320
I'm sure he knew nothing about it. And it was
570
00:37:51.400 --> 00:37:54.239
just a coincidence that this is the timeline when they
571
00:37:54.280 --> 00:37:58.239
stopped talking, right, give me a break, Okay, give me
572
00:37:58.280 --> 00:38:01.199
a break. Leon Black was trying to put some distance
573
00:38:01.239 --> 00:38:04.280
between himself and Jeffrey Epstein all the way back in
574
00:38:04.280 --> 00:38:07.000
twenty and eighteen. He knew the deal, he knew the
575
00:38:07.000 --> 00:38:09.599
writing was on the wall, and he knew that Julie K.
576
00:38:09.760 --> 00:38:13.000
Brown and the Miami Herald had picked up the gauntlet
577
00:38:13.280 --> 00:38:17.920
and were pursuing a story about Epstein and his associations.
578
00:38:18.480 --> 00:38:22.440
So Leon Black knew the deal, and that, in my opinion,
579
00:38:22.760 --> 00:38:27.840
is why he broke off ties with Epstein. If he did.
580
00:38:29.639 --> 00:38:32.800
Mister Epstein did not invest in any Apollo managed funds,
581
00:38:32.880 --> 00:38:36.039
according to the report, but it found that his companies
582
00:38:36.079 --> 00:38:38.440
had bought more than two hundred thousand shares in the
583
00:38:38.480 --> 00:38:42.400
private equity firm's initial public offering and held that stake
584
00:38:42.480 --> 00:38:46.679
until at least September twenty and nineteen, a month after
585
00:38:46.800 --> 00:38:50.000
mister Epstein died. Yeah, you know, they weren't really close
586
00:38:50.079 --> 00:38:53.480
or anything. Two hundred thousand shares of Apollo Global. Just
587
00:38:53.519 --> 00:38:55.719
go ahead and pop onto the internet and take a
588
00:38:55.760 --> 00:38:58.800
look at how much those shares are. And I'm sure
589
00:38:58.880 --> 00:39:02.079
when it went when when Jeffrey Epstein got the shares,
590
00:39:02.079 --> 00:39:05.239
he got him at the HOMY hookup price. Too. Pretty
591
00:39:05.239 --> 00:39:08.719
odd for a guy that's not friends with Leon Black,
592
00:39:08.840 --> 00:39:17.559
Isn't it pretty odd? Many of Apollo's biggest clients, including
593
00:39:17.639 --> 00:39:22.000
major pension funds, charitable foundations, and sovereign wealth funds, had
594
00:39:22.039 --> 00:39:25.719
been awaiting the results of the report. The sixty three
595
00:39:25.800 --> 00:39:30.000
billion dollar Pennsylvania public school employees retirement system had said
596
00:39:30.000 --> 00:39:33.639
it would not invest any additional money with Apollo until
597
00:39:33.679 --> 00:39:39.760
the review was complete. CalPERS, the California Public Employees Retirement System,
598
00:39:39.800 --> 00:39:43.360
one of Apollo's biggest clients, had said it expected its
599
00:39:43.400 --> 00:39:48.360
outside investment managers to follow the fund's own values. Other
600
00:39:48.480 --> 00:39:53.199
pension funds in Texas, Illinois, and Ontario also said they
601
00:39:53.239 --> 00:39:57.199
would be watching the investigation closely. Now we talked about that,
602
00:39:57.599 --> 00:39:59.639
We talked about how these pension funds are going to
603
00:39:59.639 --> 00:40:03.159
be running for the hills if there was any sort
604
00:40:02.679 --> 00:40:10.400
of bad news in this new report, and folks there
605
00:40:10.440 --> 00:40:14.039
certainly is so I would not be shocked if their
606
00:40:14.239 --> 00:40:18.679
pension funds ran for the hills. It's not going to
607
00:40:18.719 --> 00:40:23.119
be enough that Jeffrey that Leon Black just steps down
608
00:40:23.119 --> 00:40:26.760
from CEO. He's gonna have to go in all capacities.
609
00:40:28.880 --> 00:40:31.920
In his three page letter to investors on Monday, mister
610
00:40:32.000 --> 00:40:35.760
Black acknowledged that heightened media scrutiny of Apollo has generated
611
00:40:35.880 --> 00:40:40.920
unwelcome attention for those investors. I personally regret any distraction
612
00:40:41.039 --> 00:40:44.280
that may have caused, he wrote. Mister Black said Apollo
613
00:40:44.440 --> 00:40:47.840
had hired a law firm Wilmrhell to look into its
614
00:40:47.920 --> 00:40:54.079
reputational risk management practices and suggest improvements. Again, not good
615
00:40:54.239 --> 00:40:59.239
enough in an outside company. Yeah, hired by you. Here's
616
00:40:59.239 --> 00:41:04.960
an idea going speak with the FBI. Under oath. Apollo
617
00:41:05.039 --> 00:41:07.800
grew out of the ashes of Drexel Burnham Lambert, the
618
00:41:07.880 --> 00:41:11.599
investment bank that collapsed in nineteen ninety amid a trading
619
00:41:11.840 --> 00:41:17.840
a trading investigation that sent since pardoned Michael Milk into prison. Yeah,
620
00:41:18.039 --> 00:41:21.079
one of those firms, folks, That's exactly what we're dealing with.
621
00:41:21.159 --> 00:41:23.599
The kind of people we're dealing with. So it shouldn't
622
00:41:23.639 --> 00:41:27.760
shock anybody that Leon Black and Jeffrey Epstein were so close.
623
00:41:28.039 --> 00:41:34.199
It shouldn't shock anybody at all. Although mister Black started
624
00:41:34.199 --> 00:41:37.519
Apollo with his younger partners mister Harris is fifty six
625
00:41:37.800 --> 00:41:40.480
and mister Rowan fifty eight, he has long been the
626
00:41:40.480 --> 00:41:43.880
face and the voice of the firm. In building Apollo
627
00:41:43.960 --> 00:41:47.760
into a global financial powerhouse, mister Black has made himself
628
00:41:47.960 --> 00:41:53.000
and his co founders immensely rich. His personal fortune is
629
00:41:53.159 --> 00:41:56.079
estimated at more than eight billion, and he owns a
630
00:41:56.119 --> 00:41:59.880
massive private art collection, including a version of Edward Munch
631
00:42:00.159 --> 00:42:03.360
is The Scream, and is the chairman of the Museum
632
00:42:03.480 --> 00:42:06.559
of Modern Art. The Scream huh. I'm sure that's what
633
00:42:06.679 --> 00:42:09.159
Leon Black's going to look like when he's staring at
634
00:42:09.239 --> 00:42:12.000
himself in the mirror and he realizes all of his
635
00:42:12.239 --> 00:42:18.519
power and all of his place within so called polite
636
00:42:18.559 --> 00:42:22.840
society is crumbling before him. I hope he stares at
637
00:42:22.880 --> 00:42:29.159
his picture, his fantastic piece of art, the Scream, and
638
00:42:29.239 --> 00:42:34.760
I hope that his face looks exactly the same. But
639
00:42:34.840 --> 00:42:38.039
when Apollo held its most recent earnings call late in October,
640
00:42:38.360 --> 00:42:41.480
there was already signs his dealings with mister Epstein were
641
00:42:41.480 --> 00:42:46.079
causing ripples both in the firm and among investors. In
642
00:42:46.119 --> 00:42:49.280
an unusual move, mister Black read a brief statement about
643
00:42:49.280 --> 00:42:52.559
the Epstein matter before handing over the meeting to Harris
644
00:42:52.800 --> 00:42:57.239
and mister Rowan. It look, there is a lot of
645
00:42:57.440 --> 00:43:02.400
weirdness that went on with Leon Black and the whole
646
00:43:02.480 --> 00:43:09.039
lead up to this, plenty of lies and misdirection, in
647
00:43:09.119 --> 00:43:12.800
my opinion, and all of the signs have led up
648
00:43:13.119 --> 00:43:17.840
to mister Black at some point having to leave the company.
649
00:43:18.119 --> 00:43:20.440
That is exactly what all the signs have led to,
650
00:43:20.719 --> 00:43:24.360
and that's exactly where we find ourselves now. I don't
651
00:43:24.440 --> 00:43:27.280
know if it's how long it's going to be before.
652
00:43:27.360 --> 00:43:30.360
He is not the chairman anymore either, But it's coming, folks,
653
00:43:30.440 --> 00:43:32.800
let me tell you, it is certainly coming. In my opinion,
654
00:43:32.840 --> 00:43:35.719
he's not going to remain as the chairman, not with
655
00:43:35.800 --> 00:43:38.519
all of this going on, and certainly not with Joshua
656
00:43:38.599 --> 00:43:42.840
Harris looking to push him out. Still, Apollo is long
657
00:43:42.920 --> 00:43:47.199
specialized in buying up distressed companies and retooling them, but
658
00:43:47.280 --> 00:43:52.159
it also boasts large credit, infrastructure and real estate businesses.
659
00:43:52.840 --> 00:43:56.519
Mister Rowan was the driving force behind Apollos thriving insurance
660
00:43:56.559 --> 00:44:01.679
business and its insurance subsidiary, Athene Whole, which is few
661
00:44:01.719 --> 00:44:05.599
of the Wall Street firms earnings in recent years. At
662
00:44:05.639 --> 00:44:08.719
one time, both mister Rowan and mister Harris were seen
663
00:44:08.760 --> 00:44:12.239
as the heir apparents to mister Black, but with mister
664
00:44:12.320 --> 00:44:15.000
Rowan's decision to pull back from day to day affairs,
665
00:44:15.440 --> 00:44:17.719
many on Wall Street assume the job would fall to
666
00:44:17.800 --> 00:44:20.920
mister Harris, who has the run, who has run the
667
00:44:21.039 --> 00:44:26.039
nuts and bolts of Apollo's vast buyout operation. Pretty crazy,
668
00:44:26.119 --> 00:44:28.000
right that they're trying to that he's trying to bypass
669
00:44:28.039 --> 00:44:30.480
Harris here, And folks, I think that's something that needs
670
00:44:30.480 --> 00:44:33.519
to be focused on because Harris isn't going to sit
671
00:44:33.599 --> 00:44:36.360
down and just take that. Joshua Harris is going to
672
00:44:36.400 --> 00:44:38.480
fight back. He's not the kind of guy that's going
673
00:44:38.519 --> 00:44:40.679
to just be meek and be like, oh, okay, well,
674
00:44:40.679 --> 00:44:44.440
I'll just get steamrolled by Leon Black here. It's not
675
00:44:44.519 --> 00:44:47.960
going to happen. And I think Leon Black understands that
676
00:44:48.079 --> 00:44:52.519
too and knows that he is just acting on borrowed
677
00:44:52.519 --> 00:44:56.960
time at this point. Mister Harris, who is an owner
678
00:44:57.000 --> 00:45:00.159
of the Philadelphia seventy six ers basketball team, when the
679
00:45:00.199 --> 00:45:03.119
New Jersey Devil's hockey team, said he would fully support
680
00:45:03.159 --> 00:45:06.719
mister Rowan as chief executive. I will focus on expanding
681
00:45:06.760 --> 00:45:10.199
our global search for investor returns, which is at the
682
00:45:10.199 --> 00:45:15.400
core of our success, he said in a statement. Of course,
683
00:45:15.480 --> 00:45:17.920
Rowan's going to say all the right things. We're still
684
00:45:17.920 --> 00:45:19.920
talking about his money here, right. He doesn't want the
685
00:45:19.920 --> 00:45:22.360
firm to collapse. He doesn't want there to be all
686
00:45:22.480 --> 00:45:27.000
kinds of you know, tumbling of the stock and people
687
00:45:27.079 --> 00:45:29.559
bailing with their money. That's not what he's trying to do.
688
00:45:29.800 --> 00:45:32.159
What he's trying to do is force black out and
689
00:45:32.320 --> 00:45:35.920
leverage the situation so that he can try and mitigate
690
00:45:36.199 --> 00:45:39.159
the fallout from all of this, and the only way
691
00:45:39.199 --> 00:45:43.280
to do that, he understands, obviously, is for Black to go.
692
00:45:46.000 --> 00:45:49.199
As the only three members of Apollo's executive committee, the
693
00:45:49.239 --> 00:45:52.960
founders hold considerable sway over the company. As of now,
694
00:45:53.000 --> 00:45:56.119
the decision to name mister Rowan as mister Black's successor
695
00:45:56.440 --> 00:46:00.239
does not need approval of the company's board, and three
696
00:46:00.320 --> 00:46:02.599
men who have much of their net worth tied up
697
00:46:02.599 --> 00:46:06.159
in the company have a vested interest in the stability
698
00:46:06.519 --> 00:46:09.800
of the firm. And that's what I was just talking about.
699
00:46:09.800 --> 00:46:12.239
The end of the day, Harris isn't trying to wreck
700
00:46:12.280 --> 00:46:15.199
his own company, right. What he's trying to do is
701
00:46:15.320 --> 00:46:18.480
get rid of Black to mitigate the damage and to
702
00:46:18.559 --> 00:46:21.239
try and keep people with their pensions and their money
703
00:46:21.480 --> 00:46:26.880
from bailing and leaving Apollo leaking from too many holes
704
00:46:26.880 --> 00:46:31.280
to fix. Now, will that occur, I don't know, but
705
00:46:31.519 --> 00:46:35.800
I will say this, If Leon Black is not completely
706
00:46:35.880 --> 00:46:39.519
forced out, then I highly doubt any of these pensions
707
00:46:39.920 --> 00:46:43.480
that have been waiting to dump money with Apollo are
708
00:46:43.519 --> 00:46:45.679
going to go through with it. I think they're going
709
00:46:45.719 --> 00:46:48.679
to take their money elsewhere. They don't want to be
710
00:46:48.719 --> 00:46:52.599
involved with anybody that is involved with Jeffrey Epstein and
711
00:46:52.719 --> 00:46:57.480
until Apollo cuts ties with him completely, then I think
712
00:46:57.480 --> 00:47:02.480
they're going to continue to run into and Epstein problem.
713
00:47:03.360 --> 00:47:06.679
As for Leon Black, I guess he won't be doing
714
00:47:06.760 --> 00:47:12.159
any more rap songs in the near future. Willie talk
715
00:47:12.199 --> 00:47:16.519
about a fall from grace and much deserved. If you'd
716
00:47:16.519 --> 00:47:18.440
like to contact me, you can do that at Bobby
717
00:47:18.519 --> 00:47:21.840
Kapucci at ProtonMail dot com. That's b O b b
718
00:47:22.119 --> 00:47:26.719
Y c ap u Cci at ProtonMail dot com. You
719
00:47:26.760 --> 00:47:31.360
can also find me on that cesspool Twitter at Bobby
720
00:47:31.800 --> 00:47:35.960
Underscore c ap u Cci. All of the links that
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00:47:36.000 --> 00:47:39.239
go with this episode can be found in the description box.
722
00:47:39.880 --> 00:47:43.000
All right, everybody, I will be back tomorrow and we
723
00:47:43.119 --> 00:47:46.239
will pick up where we left off. Have a great night.
724
00:47:47.159 --> 00:47:49.840
Lake Meat, our water supply is in the worst drow
725
00:47:50.000 --> 00:47:53.199
ever and has hit a historic low. An official water
726
00:47:53.280 --> 00:47:56.800
shortage was recently declared for Lake Meat, which will reduce
727
00:47:56.880 --> 00:47:59.840
the amount of water available for southern Nevada. So what
728
00:48:00.119 --> 00:48:03.119
can you do? Change your watering clock now to three
729
00:48:03.199 --> 00:48:07.559
days a week. You'll save money and avoid costly waterways fines.
730
00:48:07.679 --> 00:48:10.880
This isn't kid stuff, it's the law. Find your mandatory
731
00:48:10.960 --> 00:48:15.280
fall watering schedule at SNWA dot com. Snwas a not
732
00:48:15.360 --> 00:48:16.639
for profit water agency.
733
00:48:17.360 --> 00:48:21.039
Raising Kaines presents the Other Rules of Football Rule number one.
734
00:48:21.199 --> 00:48:23.760
Any broadcast without the express edition of hand battered good
735
00:48:23.800 --> 00:48:26.480
to order Canes chicken fingers is prohibited on game day
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00:48:26.480 --> 00:48:29.960
and everyday Canes Rules. Raising Canes Official chicken Fingers of
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00:48:30.000 --> 00:48:31.719
the UNLV Rebels One Love