May.18 — Howard Marks, co-founder and co-chairman at Oaktree Capital, the largest investor in distressed securities worldwide, discusses the Federal Reserve’s great power to respond to the coronavirus pandemic, and the “substantial opportunity” his firm sees coming in distressed credit. He spoke exclusively with Bloomberg’s Erik Schatzker from Los Angeles on “Bloomberg Front Row.”
In This Story: Los Angeles
Los Angeles is a sprawling Southern California city and the center of the nation’s film and television industry. Near its iconic Hollywood sign, studios such as Paramount Pictures, Universal and Warner Brothers offer behind-the-scenes tours. On Hollywood Boulevard, TCL Chinese Theatre displays celebrities’ hand- and footprints, the Walk of Fame honors thousands of luminaries and vendors sell maps to stars’ homes.
2 Recent Items: Los Angeles
