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In page Katrina vanden Heuvel:

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By 1995, The Nation was losing $500,000 a year, and its editor Victor Navasky brought vanden Heuvel together with other investors in a for-profit partnership to buy the magazine from investment banker Arthur L. Carter.[citation needed] The investors included vanden Heuvel, Paul Newman, E. L. Doctorow, Alan Sagner (former Corporation for Public Broadcasting chairman), Peter Norton (Norton Utilities software creator) and others.[2]