Because of "a mass of unfavorable publicity," four top men in RKO's new management stepped down last week. They are:
¶President & Director Ralph Stolkin and Director Abraham Koolish, his father-in-law, who have frequently tangled with the Federal Trade Commission and Better Business Bureau because of their punchboard promotions, mail-order life insurance and other past activities (TIME, Oct. 27). ¶Director William Gorman, the board representative of Oilman Ray Ryan, another member of the Stolkin-Koolish syndicate which bought control of RKO a month ago. Ryan's name had cropped up in the...
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