Apollo’s Rowan Sees ‘Danger Signs’ of Crisis in Debt Markets

Apollo Global Management LLC co-founder Marc Rowan said he sees many signs of a bubble in the credit markets that could lead to another financial crisis.

“All the danger signs are there of a future crisis,” Rowan said today at the Milken Institute Global Conference in Beverly Hills, California. “We’re back to doing exactly the same things that were done in the credit markets during the crisis. Our job is to step wisely and try to avoid that.”