The Minutes of Howard Marks on 2008 crisis https://minutesof.com/howard-marks/on/2008-crisis/ Everything Howard Marks has said on 2008 crisis: 4 verbatim quotes between January 2019 and December 2025, each with a timestamp and a link to the… en Sun, 30 Aug 2026 16:22:27 +0000 Marks says Oaktree had raised $10 billion for distressed debt by September 2008, three times the prior record. https://minutesof.com/q/33eae65e-5e18-40e8-9e5e-ebdd312e8c1f/ https://minutesof.com/q/33eae65e-5e18-40e8-9e5e-ebdd312e8c1f/ “When Lehman Brothers went bankrupt in mid September of o eight, we had raised the biggest distressed debt fund in history by a factor of about three. We had $10,000,000,000 sitting on the shelf.” — The Investor’s Podcast Sat, 13 Dec 2025 22:45:06 +0000 2008 crisis Marks says Oaktree had $10 billion ready when Lehman collapsed and most thought the financial world would melt https://minutesof.com/q/1c8287f6-17a1-4ae4-b326-b48a8cb78603/ https://minutesof.com/q/1c8287f6-17a1-4ae4-b326-b48a8cb78603/ “We had $10,000,000,000 sitting on the shelf. Lehman goes under. Most people think the financial world is gonna melt down. Question is whether you spend the money.” — The Investor’s Podcast Sat, 13 Dec 2025 22:45:06 +0000 2008 crisis Marks reveals Bruce Karsh invested $450 million per week for fifteen weeks during the 2008 crisis. https://minutesof.com/q/daaab744-9fde-49dc-9c10-78142782f162/ https://minutesof.com/q/daaab744-9fde-49dc-9c10-78142782f162/ “Bruce and I figured out that we should spend the money. He ran the fund in question and he bravely invested an average of $450,000,000 a week for the next fifteen weeks.” — The Investor’s Podcast Sat, 13 Dec 2025 22:45:06 +0000 2008 crisis Marks deployed ten billion dollars in fifteen weeks during late 2008 crisis when nerve mattered most. https://minutesof.com/q/8d0fce51-fa1e-4c55-9500-ba92b8b525ae/ https://minutesof.com/q/8d0fce51-fa1e-4c55-9500-ba92b8b525ae/ “So at Oaktree, we invested $650,000,000 a week in the last fifteen weeks of 'eight, that's about $10,000,000,000 and that's really all you had to do.” — Milken Institute Mon, 14 Jan 2019 19:09:05 +0000 2008 crisis