Hints and tips:
...Garcia ended up cutting a deal with bondholders, including Apollo Global Management’s John Zito, to get relief on near-term cash interest expense....
...It did not match the caricature in the media,” Garcia told the FT, referring to Apollo and the other bondholders....
...“We’ve been in a prolonged zero or low-rate environment with 80 per cent of fixed-income assets today yielding less than 2 per cent,” said John Zito, Apollo’s co-head of global corporate credit....
...Palmarium’s Alex Zito was formerly described as the managing director of this “equine” division. Mr Zito is the son of Nick Zito, a famous US race horse trainer....
...As Salena Zito wrote in The Atlantic, Trump’s supporters took him seriously but not literally. By contrast, liberals, including the media, took Trump literally but not seriously....
...But as Garcia told me a few days after the Belmont Stakes, once the media stranglehold on him had loosened: “Anything can happen in a horse race. You never know if a horse wants to run.”...
International Edition