Investigation into the Appearance of Wrongdoing

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A finding that Leon Black, the billionaire boss of Apollo Global Management, paid the convicted sex offender $150 million. This touched off an attempt to remove him.

Questions:

  1. What is Apollo Global Management?
  2. Who tried to unseat Leon Black as CEO?
  3. What act of contrition does Black plan for his role in giving money to convicted sex offender, Jeffrey Epstein?
  4. How much money does Apollo manage for institutional investors, including pension plans and sovereign wealth funds?

Source:

Goldstein, M. and K. Rosman. (2021). Apollo C.E.O. to Step Down After Firm Finds More Payments to Jeffrey Epstein. The New York Times, Jan. 25 (Retrievable online at https://www.nytimes.com/2021/01/25/business/leon-black-apollo-jeffrey-epstein.html)