New York Post
New book reveals just how buddy-buddy billionaire Leon Black was with creep Jeffrey Epstein
xCruzo Brief
A new book, “Money to Burn” by former investment banker William D. Cohan (Portfolio Books), revisits Apollo Global Management’s rise and the downfall tied to billionaire Leon Black. The account traces Apollo’s success from the Drexel Burnham Lambert era, describing how Apollo bought a distressed junk-bond portfolio pioneered by Drexel and also capitalized on bargains during the financial crisis. Black, Marc Rowan and Josh Harris became billionaires as Apollo grew into a large financial firm. The book then shifts to alleged personal hazards of wealth, focusing on Jeffrey Epstein. It says Epstein was introduced to Black in 1996, served on the board of Black’s family foundation, and advised on Black’s family office and tax-related matters.
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