Slate Money - The Private Equity Confidence Game

This week: The new book Money to Burn goes deep on private-equity behemoth Apollo Global Management and its billionaire cofounder and former CEO, Leon Black. Felix Salmon, Elizabeth Spiers, and Emily Peck are joined by author William D. Cohan to talk about his reporting on Black’s investment empire and what it means for Wall Street to be dominated by private equity. They also get into Black’s tragic origin story, messy personal scandals, and strange friendship with Jeffrey Epstein.

In the Slate Plus episode: Your $5K Check’s in the Mail

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