Breaking: Leon Black paid $150 million to Jeffrey Epstein - more than twice as much as was previousl

[soothsayer]

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David Enrich
@davidenrich
·
Jan 25, 2021
Breaking: Leon Black paid $150 million to Jeffrey Epstein – more than twice as much as was previously known. Following an attempted boardroom coup, he will step down as CEO of private-equity firm Apollo. @MattGoldstein26 @katierosman

Leon Black, above, Apollo Global Management’s chairman and chief executive, paid $158 million to the convicted sex offender Jeffrey Epstein over the last decade of Mr. Epstein’s life.
Apollo C.E.O. to Step Down After Firm Finds More Payments to Jeffrey Epstein
nytimes.com

https://t.co/AkVtzmEClH?amp=1

David Enrich
@davidenrich
The $150M figure means Leon Black was almost singlehandedly supporting Epstein for years before he died.

This news is a direct result of 18+ months of dogged reporting by @nytimes @MattGoldstein26, whose stories led Apollo to launch an outside review of Black’s ties to Epstein.

In particular, this front-page story in October – which showed Black had secretly provided at least $75M to Epstein – led to an outcry among some of Apollo’s clients and prompted the company's board to open an investigation.

https://t.co/IwpP3QDoHX

You will see other news organizations reporting on Black resigning after its review concluded he didn't do anything wrong.

Keep in mind that Apollo appears to be releasing this news now because it knew @nytimes was about to publish a story about Black's huge Epstein payments.

[spanone]

1. K&R

[leftieNanner]

2. Interesting

I wonder if Rachel will touch on this story tonight?

There always seems to be more than enough news for her to cover in that single hour.

[dem4decades]

3. Why would someone pay Epstein 150 million dollars?

[niyad]

5. My blood runs cold thinking of possible reasons. I hate the phrase that just hit my mind.

[Blue_true]

6. Given that American financiers are certain to extract blood from a rock before handing

out money, a reasonable guess would be that Epstein had serious leverage on Leon Black.

[dem4decades]

15. I'd be interested in how that money was paid into Epstein's account,

And who else paid into that account.

[Blue_true]

16. I believe that an investigation into who transferred money to Epstein should be done

as a requirement for settlement of his estate. That would give the them teens that he abused leverage in their efforts to extract Justice for their suffering.

[uponit7771]

10. Right ?! Every time I hear about Epstein I think of the stolen border children and Trump's written

... policy of kidnapping them from their parents.

[lagomorph777]

26. I think Trump and Miller were trafficking the children. That's why Trump was desperate to "win."

He planned to cover his crimes by becoming dictator for life.

[Cicada]

25. I read that Epstein advice saved him $2 billion in taxes

I suppose he might have some kind of contract with Epstein requiring payment for the value of investment advice. Or maybe he paid Epstein to assure future valuable investment or tax advice.,

[dem4decades]

27. Is taxes a code word for something?

[niyad]

4. So, let me see if I understand this. The company KNEW there were payments to epstein prior to

this latest info? They KNEW, but the amount was no big deal? Knowing Epstein was a sexual predator, but they were okay with the amount? Now, finding out it is more, they are not okay??

Am I understanding this correctly??? If so, I have a simple question for the board: what exactly IS the upper limit for paying a sexual predator before it becomes a problem?

Oh, one more question: how many of you had an arrangement with epstein?

[Orangepeel]

7. so 75 million was fine?

[uponit7771]

12. +1,

[blm]

8. Black traveled with Trump over the years and recently linked to Bannon.

https://www.vanityfair.com/news/2020/09/what-was-leon-black-doing-with-trump-in-russia

Another pawn for Putin.

[uponit7771]

13. Yep, they're all child abusers of some kind ... I would put money on it

[dhill926]

17. goes with their whole projecting thing...

like Q-Anon charging dems with the same thing....they are beyond evil...

[TomDaisy]

22. this EXACTLY. there's no mystery here.

[tarheelsunc]

9. I can't think of anyone other than JB Smoove when I see that name. eom

[brush]

11. In other words, Epstein was blackmailing Black with photos and possibly videos...

of Black having sex with the teenage girls he procured for him.

So that's how Epstein got to be so wealthy.

Gotcha.

[uponit7771]

14. +1,

[FakeNoose]

18. That's some serious blackmail money

[Poiuyt]

19. Have they said how much Trump paid Epstein yet?

[dalton99a]

20. Kick

[czarjak]

21. Perversity passes are priceless if you can afford 'em?

[Klaralven]

23. Probably subsidizing a honeypot operation run on behalf of a foreign intelligence service

Leon Black - Jeffery Epstein - Ghislaine Maxwell - Robert Maxwell - connect the dots.

[dclarston13]

24. Maybe Black was just an intermediary

Paying on behalf of others. Follow the money