Why are people shocked with any changes? This is the Apollo way. You have to accept the fact that it is not 2010 any longer, nor 2017. John reports to Apollo, you can’t blame everything on John. Poor decisions? Yes, some. Poor management? Depends what group you are in. Frustrated? Understood. Mad? Sure. Staying here? It’s a choice! Let’s all just accept the fact that at some point groups will be split, things will be sold, more decisions will be made and one day Apollo will own NONE of this. It’s the Apollo way. Accept it!
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True. And on a broader scale it’s unregulated private equity. Which is the death of the free market as we know it. Not a business model. Just a modern day pirate operation, slickly exploiting tax and financial loopholes- ie: the companies they buy taking on the debt instead of them. More people need to understand how this works and lobby Congress for change.
Stop Wall Street looting now!
https://www.govtrack.us/congress/bills/116/s2155/summary