Morning Update: Glenn Dubin Stepping Down
Glenn Dubin has announced that he is stepping down from the company he created, Engineers Gate. According to Dubin the move is to open things up for his younger partner to take over and to use a more aggressive approach to grow the business.
However...
Sources close to the situation say that the decision was based on the allegations that Dubin was not only an enabler but an active participant in the ring. According to the same sources, investors were not comfortable with Dubin at the helm any longer.
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Source:
https://www.google.com/amp/s/nypost.com/2020/01/24/billionaire-glenn-dubin-retiring-from-hedge-fund-amid-fury-over-jeffrey-epstein-ties/amp/