CNBC's David Faber sits down with Apollo Global CEO Marc Rowan to discuss the Fed's latest move, the odds of recession, government spending, and more. You can watch the full interview on CNBC PRO.
Ok Mr. Burns - wtf - go back to the Simpsons: So let's get this straight, originate crap products and sell it to retail? Create hot potatoes and dump it? Hope the SEC is paying attention.
Essentially an investment bank. If I’m not mistaken they are the same Apollo who is evaluating the current proposal for Qualcomm’s acquisition of Intel
Aha, so if there is so much liquidity and you won't tell the difference, than they (Marc) can start marking their books mark-to-market? What comes next? Higher volatility, lower Sharpe's, and no volatility laundering. After that lower fees as people are no longer pay willing to pay for a bug, along with lower alpha/returns as competition starts eating away returns. Would hope (if I would be Marc) that its significantly slower than a year.