The Minutes of Marc Rowan on financial crisis https://minutesof.com/marc-rowan/on/financial-crisis/ Everything Marc Rowan has said on financial crisis: 3 verbatim quotes between July 2021 and September 2024, each with a timestamp and a link to the… en Mon, 31 Aug 2026 13:10:37 +0000 Rowan states that global trading capital is now only 10% of 2008 levels. https://minutesof.com/q/9d86f17a-3576-4984-9dce-065db3a0a2c0/ https://minutesof.com/q/9d86f17a-3576-4984-9dce-065db3a0a2c0/ “That trading capital in the world is 10% today of what it was in 2008.” — CNBC Television Fri, 20 Sep 2024 13:38:12 +0000 financial crisis Rowan says retirement savings companies functioned like banks post-2008, with annuities replacing deposits as https://minutesof.com/q/cd7f84ce-a069-40c9-88e1-b2f5f52ab4f3/ https://minutesof.com/q/cd7f84ce-a069-40c9-88e1-b2f5f52ab4f3/ “The next best thing was to be a retirement savings company. But where you thought like a bank the liability side of your balance sheet rather than being deposits was annuities.” — David Rubenstein Wed, 20 Apr 2022 11:09:09 +0000 financial crisis Rowan notes the 2008 crisis permanently shifted lending activities from banks to nonbank lenders like Apollo. https://minutesof.com/q/5b082b5a-3c67-4ac8-b799-4c8277b6c9d4/ https://minutesof.com/q/5b082b5a-3c67-4ac8-b799-4c8277b6c9d4/ “You know, the financial crisis in two thousand and eight pushed a lot of activities out of the banking sector and into the nonbank lending sector.” — Bloomberg Live Thu, 15 Jul 2021 15:56:20 +0000 financial crisis