One morning last week, Saturday Review Executive Editor Ronald P Kriss strolled into what he thought would be a routine conference. He was greeted by an apology from his boss, SR Chairman and Editor in Chief Nicolas Charney, who said that he had been unable to reach his second in command the night before. "Oh, really?" Kriss replied. "What's up?" Then Charney broke the news: Publication would cease immediately, and the company would seek reorganization under the federal bankruptcy statute. The innovative enterprise started 17 months ago, in which the old weekly was converted into four specialized monthlies, had been...
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