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Wall Street Pioneer Arthur L. Carter Dies at 93

12/15/2025

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Summary

Story summary

Arthur L. Carter, a Wall Street investment banker, publisher, and sculptor, died at 93 in Manhattan, confirmed by his daughter.
He partnered with Sanford I. Weill in the 1960s to pioneer leveraged buyouts.
He founded The Litchfield County Times in 1981, earning acclaim for reporting and design and attracting high-profile readers.
He sold the paper and other publications to Journal Register Company, leaving a legacy in finance and journalism.

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Story summary

Arthur L. Carter, a Wall Street investment banker, publisher, and sculptor, died at 93 in Manhattan, confirmed by his daughter.
He partnered with Sanford I. Weill in the 1960s to pioneer leveraged buyouts.
He founded The Litchfield County Times in 1981, earning acclaim for reporting and design and attracting high-profile readers.
He sold the paper and other publications to Journal Register Company, leaving a legacy in finance and journalism.