Bloomberg Talks: Apollo President Talks Credit Market (Podcast)

Escape from New York is the name of a 1981 film. Now it’s also, many fear, going to be a reality with Mayor-elect Zohran Kwame Mamdani’s impending socialist makeover of NYC. Why, commentator Bill O’Reilly has predicted that his ascendancy will spark an exodus of 765, 000-one million Big Apple residents. This, of course, would involve the loss of significant capital. Yet this is all predicated on the idea that Mamdani’s promises reflect principles more than positions of convenience. And while he is a radical, he’s also a power seeker who surely aspires to higher office. So questions arise: Will Mamdani go the.