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    Richard King resigns from River Capital Group

    Two weeks after our story on River Capital Group Inc. last month, the firm notified the SEC that Richard King “the Chairman of the Board of Directors, resigned from all of his positions with the registrant”.
    No reason for King’s decision was given in the filing, which was signed by RCGI’s “President”, Howard Taylor. An odd aspect of the September 21, 2004 filing was its description of King as the chairman, while the firm’s previous SEC filing on August 23, 2004, stated that this position was held by Taylor, who was also President and CEO.