Why Ira Gluskin has a beef with Newton Glassman [Toronto Globe and Mail (Ontario, Canada)]
Honeywell International Inc. (HON)
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Source: Toronto Globe and Mail
Why Ira Gluskin has a beef with Newton Glassman Ira Gluskin has been unhappy with Newton Glassman for some time. A few folks on Bay Street have known about it. Mr. Gluskin is believed to have held his tongue about the matter in public settings. That changed earlier this summer, when Mr. Gluskin told an investment conference that he was “an unhappy investor who’s waiting to get my money back” from Mr. Glassman’s funds. That was one of a number of choice comments he made about the situation, bringing the dispute between the two men into the open. Some background is in order. Mr. Gluskin is something of a Bay Street legend, the co-founder of money manager Gluskin Sheff + Associates Inc. Though he long ago retired as the firm’s chief investment officer, he retains his reputation as a man with pointed thoughts and the sharp tongue to deliver them. Story continues below advertisement Mr. Glassman is a private-equity fund manager behind Catalyst Capital Group Inc. and its majority-owned publ
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