Apollo ($APO) podcast mentions
The House Oversight Committee issued two subpoenas to Leon Black, the co-founder of Apollo Global Management. He has not complied, and he walked out early from voluntary testimony in June. Black Black has acknowledged paying Epstein $158 million over the years, which he says was for estate and tax planning advice. The matter now goes to the Justice Department, which can decide whether to pursue charges. Black's attorneys called the vote an outrageous action, and they say they'll fight it. In Washington, Amy Morris, Bloomberg Radio.
Amy Morris · Bloomberg News Now · Fed Decides to Hike, Trump: Interest Rates Too High, More · 2026-09-17The House Oversight Committee issued two subpoenas to Leon Black, the co-founder of Apollo Global Management. He has not complied, and he walked out early from voluntary testimony in June. Black Black has acknowledged paying Epstein $158 million over the years, which he says was for estate and tax planning advice. The matter now goes to the Justice Department, which can decide whether to pursue charges. Black's attorneys called the vote an outrageous action, and they say they'll fight it. In Washington, Amy Morris, Bloomberg Radio.
Amy Morris · Bloomberg News Now · Fed Raises Interest Rates, Trump Says Rates Should Be 1%, More · 2026-09-17The House Oversight Committee issued two subpoenas to Leon Black, the co-founder of Apollo Global Management. He has not complied, and he walked out early from voluntary testimony in June. Black has acknowledged paying Epstein $158 million over the years, which he says was for estate and tax planning advice. The matter now goes to the Justice Department, which can decide whether to pursue charges. Black's attorneys called the vote an outrageous action, and they say they'll fight it. In Washington, Amy Morris, Bloomberg Radio.
Amy Morris · Bloomberg News Now · Fed Hikes Rates to Tame Inflation, Trump Backs Warsh, More · 2026-09-17The House Oversight Committee issued two subpoenas to Leon Black, the co-founder of Apollo Global Management. He has not complied, and he walked out early from voluntary testimony in June. Black has acknowledged paying Epstein $158 million over the years, which he says was for estate and tax planning advice. The matter now goes to the Justice Department, which can decide whether to pursue charges. Black's attorneys called the vote an outrageous action, and they say they'll fight it. In Washington, Amy Morris, Bloomberg Radio.
Amy Morris · Bloomberg News Now · Fed Raises Rates to Curb Inflation, Trump: Rates Should Be 1%, More · 2026-09-17The House Oversight Committee issued two subpoenas to Leon Black, the co-founder of Apollo Global Management. He has not complied, and he walked out early from voluntary testimony in June. Black has acknowledged paying Epstein $158 million over the years, which he says was for estate and tax planning advice. The matter now goes to the Justice Department, which can decide whether to pursue charges. Black's attorneys called the vote an outrageous action, and they say they'll fight it. In Washington, Amy Bloomberg Radio.
Amy Morris · Bloomberg News Now · Fed Raises Rates, Trump Backs Warsh, Faults 'Hostile' Board, More · 2026-09-16The House Oversight Committee issued two subpoenas to Leon Black, the co-founder of Apollo Global Management. He has not complied, and he walked out early from voluntary testimony in June. Black has acknowledged paying Epstein $158 million over the years, which he says was for estate and tax planning advice. The matter now goes to the Justice Department, which can decide whether to pursue charges. Black's attorneys called the vote an outrageous action, and they say they'll fight it. In Washington, Amy Morris, Bloomberg Radio.
Amy Morris · Bloomberg News Now · Fed Hikes Rates, Trump: Rates Should Be 1% or Less, More · 2026-09-16The House Oversight Committee issued two subpoenas to Leon Black, the co-founder of Apollo Global Management. He has not complied, and he walked out early from voluntary testimony in June. Black has acknowledged paying Epstein $158 million over the years, which he says was for estate and tax planning advice. The matter now goes to the Justice Department, which can decide whether to pursue charges. Black's attorneys called the vote an outrageous action, and they say they'll fight it. In Washington, Amy Emily Morris, Bloomberg Radio.
Amy Morris · Bloomberg News Now · Fed Raises Rates, Trump Says Rates Should Be 1% or Less, More · 2026-09-16Let's stick with AI. Investment firms increasingly backing the technology, including the infrastructure needed to fuel the boom. Apollo Global Management President Jim Souter saying in the company's most recent earnings call, quote, the sheer size of the AI infrastructure buildout is unprecedented. We see an enormous opportunity for private capital to finance a portion of this along with public capital. Jim joins us now. For more. Jim, welcome.
Jonathan Ferro · Bloomberg Surveillance · Bloomberg Surveillance TV: September 16th, 2026 · 2026-09-16No days off, Apollo. What an August you just had.
Jonathan Ferro · Bloomberg Surveillance · Bloomberg Surveillance TV: September 16th, 2026 · 2026-09-16Can we pair the two stories, the boom in Apollo Sports Capital with what's happening in AI? Is that one of the reasons why sport is becoming such a big focus for investment firms?
Jonathan Ferro · Bloomberg Surveillance · Bloomberg Surveillance TV: September 16th, 2026 · 2026-09-16I should do anything that supports demand. So you see more demand that drives inflation and that winds up driving real rates. But what happens in the future? Now, Apollo has an interesting view of what might happen with long-term rates given the various outcomes. They describe it as sort of a fork in the road. Either AI succeeds or AI fails. Don't like that they're talking about AI failing. I don't like that at all, where they're going with that. But of course, those are the two possible outcomes here. And they say that in both of those scenarios, whether AI succeeds or AI fails, rates will fall, which is maybe good because everyone wants lower rates. Everyone wants to be able to afford a mortgage or afford a house. But how does this work mechanically? Because it's very— very weird to think that you would have a scenario where there is a massive bust in the AI economy and yet you get lower rates. But then also if AI succeeds, you get lower rates. But they explain it this way.
John Coogan · TBPN · Interest Rates Spike, Politicians Take Sides on the AI Safety Debate, Time’s AI Cover | Diet TBPN · 2026-09-15It's got to be in the checking account, apparently. But you can imagine so many scenarios where, yes, Morgan& Morgan is saving money using AI. They're getting more efficiency, but their competitor is also saving money using AI, and they get into a little bit of a price war. Maybe margins don't compress fully, but they stay sort of healthy, and the end result is deflation, cheaper services, cheaper goods, not for everything, but for the things that are most impacted by AI productivity gains. Then in the other scenario, the doomer scenario from Apollo, if AI fails, the bubble bursts, there's an equity sell-off, and there's a flight to treasuries. So everyone's buying treasuries saying, I got to get out of these crazy AI stocks. This stuff hit a wall. It's not any— it's not going to be useful. I got to buy treasuries. A lot of buying. If you buy a lot of treasuries, yields fall and interest rates fall, of course. So interesting. Interesting dynamic.
John Coogan · TBPN · Interest Rates Spike, Politicians Take Sides on the AI Safety Debate, Time’s AI Cover | Diet TBPN · 2026-09-15There is the third kind of crazy scenario, which is outlined by Dylan Patel from Semi Analysis, which is like it never stops. Like we're going to keep investing and, and this and the data centers and the AI boom is going to continue to suck at capital until there's like none left. And like it will all— and there will be like a sovereign debt crisis, which is the craziest outcome, non-zero. But, you know, this Apollo thing, they're certainly looking for what happens in the next 6 months. And we'll— and we'll know. We'll check in in 6 months with this Apollo prediction.
John Coogan · TBPN · Interest Rates Spike, Politicians Take Sides on the AI Safety Debate, Time’s AI Cover | Diet TBPN · 2026-09-15I should upgrade my car or I should buy that new washing machine. I should do anything that supports demand. So you see more demand that drives inflation and that winds up driving real rates. So, but what happens in the future? Now, Apollo, has an interesting view of what might happen with long-term rates given the various outcomes. They describe it as sort of a fork in the road. Either AI succeeds or AI fails. Don't like that they're talking about AI failing. I don't like that at all. They're going with that. But of course, those are the two possible outcomes here. And they, and they say that in both of those scenarios, whether AI succeeds or AI fails, rates will fall. Which is maybe good because everyone wants lower rates. Everyone wants to be able to afford a mortgage, afford a house. But how does this work mechanically? Because it's very weird to think that you would have a scenario where there is a massive bust in the AI economy and yet you get lower rates.
John Coogan · TBPN · High Interest Rate Phenomenon, Driscoll's China Bet Backfires, Who Votes on AI Safety? | Stephen Colbert & Josh Kline, Jim VandeHei, Steve Menneto, Matthew Wilson, Rune Kvist, Tyler Bahl, James Cadwallader · 2026-09-15It's got to be in the checking account, apparently. But you can imagine so many scenarios where, yes, Morgan& Morgan is saving money using AI. They're getting more efficiency, but their competitor is also saving money using AI. And they get into a little bit of a price war. Maybe Margins don't compress fully, but they stay sort of healthy. And the end result is deflation, cheaper services, cheaper goods, not for everything, but for the things that are most impacted by AI productivity gains. Then in the other scenario, the Doomer scenario from Apollo, if AI fails, the bubble bursts, there's an equity sell-off and there's a flight to Treasuries. So everyone's buying Treasuries saying, I got to get out of these crazy AI stocks. The stuff hit a wall. It's not going to be useful. I got to buy Treasuries. A lot of buying. If you buy a lot of Treasuries, yields fall and interest rates fall, of course. So interesting dynamic.
John Coogan · TBPN · High Interest Rate Phenomenon, Driscoll's China Bet Backfires, Who Votes on AI Safety? | Stephen Colbert & Josh Kline, Jim VandeHei, Steve Menneto, Matthew Wilson, Rune Kvist, Tyler Bahl, James Cadwallader · 2026-09-15