Word: felkerism
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...York Magazine editor Clay Felker, who died June 30 at age 82, when I was a daily reporter at the New York Herald Tribune in 1963. The Trib decided to create a serious--or at least good--Sunday supplement and approached Clay to work on the magazine, which became New York. What I really remember was Clay talking about making this Sunday supplement the best magazine in America. We naturally thought he was whistling in the rain. But it was not very long before the New Yorker was very worried...
...financial-services industry, though, retail credit unions were increasingly able to fund themselves directly in the capital markets. To stay competitive, corporate credit unions knew they had to pay higher yields - and that meant riskier investments. "Over time they morphed into something more like investment banks," says Charles Felker, a managing director for the fixed-income brokerage First Empire Securities and former senior investment officer at NCUA...
WASHINGTON, D.C.: The Supreme Court heard arguments examining the constitutionality of a new law limiting many death-row prisoners to one appeal in federal court. At stake for the court is whether Congress can limit its ability to review death-row appeals. The case of convicted murder Ellis Wayne Felker is the first test of a federal law passed in April that requires inmates who have lost their first federal appeal to seek permission from a three-judge appellate court to file a second. Georgia death-row prisoner Felker brought his case to the Supreme Court despite an appellate court...
...crippled when New York's financial and real estate markets went dry. The 1987 stock-market crash stole the magazine's indispensable asset: high-flying Wall Street targets to shoot down. The magazine also lost some of its edge when founding editor Jane Amsterdam was replaced by Clay Felker...
...Northeast cynicism and satire--leading Harvard's Leland to compare Wolfe to an H.L. Mencken of the 1980s--in person, he has a luxurious style unique to South and to Southerners. "He is a wonderful companion and is a kind of a modern-day embodiment of a Virginia gentleman," Felker says. "He has very courtly manners combined with modern-day sensitivities...