Dunno, but if you turn the George Magazine on it's side so the letter "e" is on the bottom and look at the "GE" (with the two letters connected) the inside "negative space" of the G makes a silhouette of another famous letter.

I got flamed here for posting this very cover with a drawn illustration of said "hidden Q." - BUT there's a print interview out there, I can't find it now, where the art director says that when "they" (him and JFK Jr.) were designing the logo that when they hit on this final version that John was ecstatic! But why? it's not that groundbreaking, so what, you connected two letters on a rather pedestrian type font... UNLESS, there's something more to it... a hidden message.

The whole idea of the magazine back then was to expose politics like it had never been exposed before. The name George itself had multiple meanings, a wink and a nod to George Washington and maybe even a more coy, yet overt bashing over the head calling out the killer of John's father.

edit: "but yeah all upper case G's can make the same silhouette" - true, but if you want to subliminally get a viewer to "not notice" it right away and still get them to notice, you emphasize the area by connecting those two letters and only those two letters. My .02