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Jeffrey Epstein Advised Google Co-Founder Sergey Brin On Tax-Saving Trust, New Court Documents Reveal
Wednesday, August 16, 2023 - 5:15am | 406Late financier and sex offender Jeffrey Epstein had advised Google co-founder Sergey Brin in 2007 on a tax-saving trust according to new court documents, Wall Street Journal reports Epstein introduced Brin to JPMorgan Chase bankers to structure a grantor-retained annuity trust (GRAT). Brin’s...
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Apollo Co-Founder Leon Black Accused Of Raping Woman In Jeffrey Epstein's Manhattan Mansion
Tuesday, November 29, 2022 - 7:15am | 470Apollo Global Management Inc (NYSE:APO) co-founder Leon Black was sued by a woman who said she was raped by the billionaire twenty years ago in Jeffrey Epstein’s mansion. What Happened: Cheri Pierson said that when she was a single mother in need of funds when Epstein arranged for her to give...
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Apollo's Leon Black To Retire, Cleared Of Criminal Wrongdoing In Epstein Probe
Monday, January 25, 2021 - 6:09pm | 271Shares of private equity company Apollo Global Management Inc (NYSE: APO) are trading higher after several news pieces released at the market close Monday. What Happened: An independent outside counsel found that Jeffrey Epstein was never retained by Apollo. It was also found that Epstein never...
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MIT Finds No Evidence Bill Gates, Leon Black Acted To 'Launder' Jeffrey Epstein's Money
Friday, January 10, 2020 - 5:01pm | 355While the Massachusetts Institute of Technology accepted $850,000 from convicted sex offender Jeffrey Epstein over several years, there's no evidence Epstein used Bill Gates or Apollo Global Management Founder Leon Black to funnel money to the school, an independent report released Friday found...
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The 'Leon Black Squeeze' Is The Short Seller Killer's Trademark Move
Friday, September 9, 2016 - 3:40pm | 351Leon Black famously said three years ago that his private equity firm Apollo Global Management would be "selling everything that's not nailed down." According to Forbes' Nathan Vardi, Black is now the "short seller killer of 2016" given his "spending spree," which has "made life particularly...
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Molycorp Inc Takes Debt Payment Holiday: Stock Sinks
Monday, June 1, 2015 - 2:45pm | 339Molycorp Inc (NYSE: MCP) slid nearly 24 percent Monday after the company said it would take advantage of the 30-day grace period on a $32.5 million semi-annual interest payment due Monday. Restructuring Debt The rare earth oxide producer, which is trying to restructure its debt, traded recently at...
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4 Tips For Investors To Learn More About Private Equity
Monday, June 30, 2014 - 3:20pm | 945Most individual investors pay very little attention to what's going on in the world of private equity. The shadowy world of private equity and buyout investing is seen as the province of large institutions and well-heeled big money types -- and of little interest to those looking to catch...
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Flying High With Apollo And Affiliates
Monday, May 12, 2014 - 4:21pm | 880The top executives of Apollo Global Management (NYSE: APO) in the most recent earnings call outlined some areas where they see opportunity in the years ahead. Benzinga covered this last week in an article revealing the company's thoughts on credit, energy and real estate services. The...
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Leon Black Discusses Energy Sector And Credit Markets
Friday, May 9, 2014 - 3:15pm | 1100The recent earnings call from Apollo Global Management (NYSE: APO) was almost a field guide to making money in the markets for 2014. Co-founders Leon Black and Joshua Harris were relatively open about where they see opportunities to put money to work at very high rates of return this year....
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CKE Restaurants To Be Acquired By Affiliate Of Apollo Management (CKR)
Monday, April 26, 2010 - 1:40pm | 140CKE Restaurants (NYSE: CKR) has terminated a prior agreement to be acquired by Thomas H. Lee Partners for $11.05 per share in favor of a superior offer by an affiliate of Apollo Global Management. The private equity firm run by Leon Black has offered shareholders $12.55 for each of their shares in...
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Billionaire Leon Black’s Interest In The Gaming Sector – Looks For Possession Of Foxwoods
Wednesday, November 18, 2009 - 8:56am | 175Foxwoods Casino which is currently neck deep into debt has interested billionaire Leon Black. Black has been quietly buying up debt in the entity in an effort to gain control. Foxwoods' owner, the Mashantucket Pequot Tribal Nation, yesterday revealed that it missed an interest payment on its $2.3...