Education and Background
Born in New York City, Rubin moved to Miami Beach, Florida, at an early age and graduated from Miami Beach High School. He was a member of Boy Scout Troop 35, sponsored by the American Legion, and received the rank of Eagle Scout. In 1960, Rubin graduated with an A.B. summa cum laude in economics from Harvard College. He then attended Harvard Law School for three days before leaving to see the world. He later attended the London School of Economics after graduation and received an LL.B. from Yale Law School in 1964.
Rubin began his career as an attorney at the firm of Cleary, Gottlieb, Steen & Hamilton in New York City. He joined Goldman Sachs in 1966 as an associate in the risk arbitrage department. Rubin proved his skills at the intricate art of investing his firm's capital in high-reward arbitrage opportunities and became a general partner in 1971. He joined the management committee in 1980 along with fellow Democrat Jon Corzine, later a U.S. senator and governor of New Jersey and then disgraced CEO of MF Global. Rubin was Vice Chairman and Co-Chief Operating Officer from 1987 to 1990. From the end of 1990 to 1992, Rubin served as Co-Chairman and Co-Senior Partner along with Stephen Friedman.
Rubin has been awarded honorary degrees from several prestigious universities, including Harvard University, Yale University, Columbia University, University of Pennsylvania, New York University and the University of Miami.
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