Arthur L. Carter
   HOME

TheInfoList



OR:

Arthur L. Carter (born December 24, 1931) is an American investment banker, publisher, and artist.


Biography

Born to a
Jewish Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...
family, Carter graduated from Brown University in 1953 with a degree in
French literature French literature () generally speaking, is literature written in the French language, particularly by citizens of France; it may also refer to literature written by people living in France who speak traditional languages of France other than F ...
. He served in the Coast Guard from 1953 to 1956 He worked for
Lehman Brothers Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, a ...
for a period of time, but after taking a break to study at Dartmouth's
Tuck School of Business The Tuck School of Business (also known as Tuck, and formally known as the Amos Tuck School of Administration and Finance) is the graduate business school of Dartmouth College, a private research university in Hanover, New Hampshire. Founded ...
, he started Carter, Berlind, & Weill in 1960, which eventually grew into Shearson Loeb Rhoades, later merging with Lehman to form
Shearson Lehman Brothers Shearson was the name of a series of investment banking and retail brokerage firms from 1902 until 1994, named for Edward ShearsonLitchfield County Times'', when no existing paper met his criteria. In December 1985, he was able to buy a controlling stake in ''
The Nation ''The Nation'' is an American liberal biweekly magazine that covers political and cultural news, opinion, and analysis. It was founded on July 6, 1865, as a successor to William Lloyd Garrison's '' The Liberator'', an abolitionist newspaper t ...
''. In 1987, he founded the weekly paper ''
The New York Observer ''The New York Observer'' was a weekly newspaper printed from 1987 to 2016, when it ceased print publication and became the online-only newspaper ''Observer''. The media site focuses on culture, real estate, media, politics and the entertainmen ...
'', which covered New York culture and politics. In 1995, he sold ''The Nation'', in 2001, he sold the ''Litchfield County Times'', and he sold ''The Observer'' in 2006. In 2008,
New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin. In 1832, th ...
renamed its journalism department the Arthur L. Carter Journalism Institute. Carter had previously taught at NYU as an adjunct professor of philosophy and journalism.


Personal life

He has three children: Jon Carter, Whendy Carter and Ellen Carter from his first marriage to Linda Schweitzer. In 1967, he married actress
Dixie Carter Dixie Virginia Carter (May 25, 1939 – April 10, 2010) was an American actress. She starred as Julia Sugarbaker on the sitcom ''Designing Women'' (1986–1993) and as Randi King on the drama series ''Family Law'' (1999–2002). She was nomin ...
, with whom he had two daughters, Ginna and Mary Dixie. They divorced 10 years later. He has been married to Dr. Linda Carter since 1980. His stepdaughter is actress Ali Marsh, whose husband is actor
Fred Weller Frederick Weller (born April 18, 1966) is an American actor known for portraying Johnny Sandowski on ''Missing Persons,'' Shane Mungitt in '' Take Me Out'' and Marshall Mann on ''In Plain Sight''. Early life Weller was born in New Orleans, Lou ...
. He has 12 grandchildren. He is also an artist: his paintings and sculptures have been exhibited in Tennessee, Rhode Island, and Paris, among other places.


References

1931 births Living people American investors American bankers 20th-century American Jews The Nation (U.S. magazine) people Brown University alumni Tuck School of Business alumni Lehman Brothers people The New York Observer people New York University faculty Businesspeople from New York City 20th-century American newspaper founders 20th-century American businesspeople 21st-century American Jews {{US-business-bio-1930s-stub