Leon Black and the American Tradition of Impunity ...Middle East

After a year of mounting pressure from investors and outside critics, Leon Black, the billionaire chief executive of private equity giant Apollo Global Management, announced on Monday that he would step down later this year. Apparently the revelation that Black gave $158 million to deceased sex trafficker Jeffrey Epstein for supposed financial advice was enough to provoke an internal revolt among Apollo’s leadership. According to The New York Times, which previously dubbed Black “the billionaire who stood by Jeffrey Epstein,” a fellow Apollo co-founder wanted Black to step down immediately. Black refused but later agreed to relinquish the CEO seat while remaining chairman of the company’s bo

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