"This demand of Garamendi’s would guarantee the greatest possible profits for [Leon] Black and his partners, at policyholders’ expense.
Excerpt From
These Are the Plunderers
Gretchen Morgenson & Joshua Rosner p. 77
#leonblack #bookstodon #privateEquity #theseAreThePlunderers #apollo #gretchenmorgenson #joshuaRosner #nonfiction #apolloGroup
By June 2021, though, the 1 percenters had raced ahead, their wealth surging to 27 % of the whole versus 26.6 % of the middle class.""
Excerpt From
These Are the Plunderers
Gretchen Morgenson & Joshua Rosner p. 62
#leonblack #bookstodon #privateEquity #theseAreThePlunderers #apollo #gretchenmorgenson #joshuaRosner #nonfiction #apolloGroup
"Even though the nation’s debt markets far exceed the stock market in dollar value, regulatory officials have focused much more closely on policing activities in stock trading than in bond transactions. You almost never hear of insider trading cases involving debt issues, for example."
Excerpt From
These Are the Plunderers
Gretchen Morgenson & Joshua Rosner p. 53
#leonblack #books #privateEquity #theseAreThePlunderers #apollo #gretchenmorgenson #joshuaRosner #nonfiction #apolloGroup
"Even though the nation’s debt markets far exceed the stock market in dollar value, regulatory officials have focused much more closely on policing activities in stock trading than in bond transactions. You almost never hear of insider trading cases involving debt issues, for example."
Excerpt From
These Are the Plunderers
Gretchen Morgenson & Joshua Rosner p. 53
#leonblack #bookstodon #privateEquity #theseAreThePlunderers #apollo #gretchenmorgenson #joshuaRosner #nonfiction #apolloGroup
jackhutton 🇺🇸