Good Monday. Programming note: I’m going to be in conversation with Blackstone’s Stephen Schwarzman about his new book, “What It Takes: Lessons in the Pursuit of Excellence,” the global economy and philanthropy for a DealBook TimesTalk in New York on Sept 16. Get your tickets here. (Was this email forwarded to you? Sign up here.)

Epstein ties cost an M.I.T. official his job

Joichi Ito resigned as the head of M.I.T.’s Media Lab on Saturday after The New Yorker published an investigation into yearslong efforts by the research lab to disguise its links to Jeffrey Epstein.

Mr. Ito appeared to have led efforts to hide gifts from Mr. Epstein, Ronan Farrow of The New Yorker writes, citing emails and other documents:

• “Although Epstein was listed as ‘disqualified’ in M.I.T.’s official donor database, the Media Lab continued to accept gifts from him, consulted him about the use of the funds” and marked his contributions as anonymous.

• “Epstein appeared to serve as an intermediary between the lab and other wealthy donors, soliciting millions of dollars in donations from individuals and organizations, including the technologist and philanthropist Bill Gates and the investor Leon Black.”