Haha, you can put your finger on it, someone else already did i think 
Here is a simulation of this, compared to the original. I used ITC Modern No. 216 in Light weight. I can see I should have used heavier, but this demonstrates the idea. I made blank white squares/rectangles to block off parts of the top serifs and most of the foot serifs. I think this is how it was done. 
Doug, The reason I picked Modern was the very long tail on the 'a', but I can see Bodoni is also very similar. It is the sort of font that T-26 or maybe Psy-Ops could have, but I couldn't find one. I like the simple approaches for making 'one of a kind' titles, and blocking out parts of letters is easier than modifying letter outlines, or designing a new font.
Sometimes it's even easier than finding an obscure font that might not exist.
I think this would be Modern No. 20, the old Stephenson Blake face, not the ITC one. With the serifs lopped off, as you say Mike, and stretched.
Captured from web.archive.org on 16 Aug 2005. view this capture