Apollo's Leon Black Paid Jeffrey Epstein $158 Million

Apollo's Leon Black Paid Jeffrey Epstein $158 Million

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses a report on financial transactions between Leon Black and Jeffrey Epstein, revealing that Black paid Epstein $158 million for tax advisory services, saving $1-2 billion in taxes. The report highlights the lack of funds managed by Epstein in Apollo and the impact of these revelations on Black's career. It critiques the US tax system and explores how Epstein amassed wealth through aggressive tax schemes.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the revelations about Leon Black's payments to Epstein have on his position?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the report suggest about the nature of the relationship between Leon Black and Jeffrey Epstein?

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