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Oxford CEO Rubenstein insists that Oxford is "vastly different" from its predecessor, Reynolds Kendrick Stratton, "with new management, new personnel and an entirely different business focus. There is simply no comparison between the two firms." One thing hasn't changed, however: the Kott connection. Several major JB Oxford shareholders have...

Author: /time Magazine | Title: THE SECRET LIFE OF JB OXFORD | 12/9/1996 | See Source »

JB Oxford Holdings used to be called RKS Financial Group, and it was the parent company of a sketchy brokerage firm called Reynolds Kendrick Stratton. In the spring of 1993, Kott helped arrange for a group of investors to acquire a controlling interest in the brokerage company, and Kott was...

Author: /time Magazine | Title: THE SECRET LIFE OF JB OXFORD | 12/9/1996 | See Source »

Reynolds Kendrick Stratton's practices touched off a spate of litigation by investors as well as a probe by the nasd, forcing the company to pay out settlements, arbitration awards and fines. A March 1994 expose in BusinessWeek highlighted Kott's "consulting" role and revealed that Kott and some of...

Author: /time Magazine | Title: THE SECRET LIFE OF JB OXFORD | 12/9/1996 | See Source »

Shortly after that story appeared, RKS announced that it was pulling out of the full-service brokerage business. RKS shut down Reynolds Kendrick Stratton, and a new brokerage firm took its place: JB Oxford & Co.

Author: /time Magazine | Title: THE SECRET LIFE OF JB OXFORD | 12/9/1996 | See Source »

Citizen Ruth and Sling Blade are directorial debuts with regional roots (Omaha, Nebraska, and Benton, Arkansas). And both feature star turns with a twist: Burt Reynolds as an Operation Rescue-style evangelist, John Ritter as a gay, discount-store manager. But these films have more serious novelties to offer. Citizen...

Author: /time Magazine | Title: CINEMA: NO STEVE BUSCEMI PART? | 12/9/1996 | See Source »

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