Word: karstens
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...letter distributed to 12,000 Lutheran pastors throughout the U.S., the director of an American service center in Seoul denounced "the age-old dangers of women and liquor" and concluded that "our young men aren't spiritually and morally ready for Korea." The Rev. Ernst W. Karsten, a mild-mannered Iowan of 59, charged that about 90% of the G.I.s in Korea consort with prostitutes regularly. "Many men have their steadies," Karsten reported. "Some of them 'own' their girls, complete with hooch and furniture. Before leaving Korea they sell the package to a man who is just...
Pillow Fees. Pastor Karsten had his facts entirely straight. Every major U.S. military installation in South Korea is ringed by villages occupied by camp followers who make their living on G.I. largesse. As one inhabitant of a "G.I. town" put it: "We benefit much from the G.I.s stationed here, but thank God they are not Christians. If they were, we would starve...
Named with Tucker were Harold A. Karsten, alias Abraham Karatz, a promoter who once served a jail term for bank embezzlement conspiracy; former Investment Banker Floyd D. Cerf, whose firm had a net worth of only $87,352, yet made $2,500,000 on the sale of Tucker stock; and five former Tucker directors...
...good side, Tucker took full-page ads to explain that his rear-engined Tucker '48 would be "coming off production lines in a matter of months"-instead of by Christmas, as he had originally announced. He was also sued for $900,000 by Harold A. Karsten, one of the organizers of Tucker's company (TIME, July 7). Karsten charged that Tucker had fulfilled only part of an agreement to compensate him for his efforts...
...return, Tucker promised Karsten 10% of the class B promotional stock, a distributorship in Southern California, and a monthly salary of $2,000 until Tucker started delivering cars. To camouflage payments to him, said SEC, Tucker overpaid a public-relations firm which kicked back some of the money to Karsten...