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Bloomberg

Ackman Talks Succession Plan, Universal Music Bid and Mamdani

Pershing Square founder and CEO Bill Ackman says succession at the company is already in place. Speaking with Bloomberg's Dani Burger at the Milken Institute Global Conference in Beverly Hills, California, Ackman also discusses his bid for Universal Music Group, the rise of prediction markets and offers his views on New York City Mayor Zohran Mamdani.

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Bloomberg

Oaktree's Panossian Warns of Building Credit Market Risks

"It's a little bit of a head-scratcher as to why the markets are as robust as they are," Armen Panossian, co-CEO and head of performing credit at Oaktree, says. Speaking with Bloomberg's Dani Burger at the Milken Institute Global Conference in Beverly Hills, California, Panossian warns investors are underestimating the fundamental risks facing the credit market.

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