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Banking & Finance

Spate of banking mergers may be just the beginningRestricted Content

May 18, 2013
First Merchants Corp. CEO Michael Rechin thinks a wave of bank mergers is coming—driven by financial institutions’ quest to increase profits in an environment where super-low interest rates continue to squeeze margins.More.

Mayor suspends land bank after indictments

May 22, 2013
Indianapolis Mayor Greg Ballard on Wednesday sidelined a city program that sells vacant and tax-delinquent properties, one day after federal prosecutors indicted two of its top officials for allegedly accepting bribes and kickbacks.More.

Stonegate raises $115M to fund jumbo mortgage expansion

May 22, 2013
The fast-growing Indianapolis-based firm will use the funds to fuel originations of loans not intended for government-backed programs, as well as to build its portfolio of servicing contracts, CEO Jim Cutillo said.More.

Centerfield rounds up $171M for new fundRestricted Content

May 18, 2013
An Indianapolis private investment firm has raised one of the largest-ever funds in the state. Centerfield Capital Partners pulled in $171 million that it plans to invest in about 20 companies. Its two previous funds totaled $60 million and $116 million.More.

Firms ladle trips, car allowances on top of rich pay packagesRestricted Content

May 18, 2013
Senior executives at Indiana's public companies last year received, on average, more in perks than the typical Hoosier earned all year, IBJ found after reviewing Securities and Exchange Commission documents for more than 60 Indiana companies.More.
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  1. My oldest daughter graduated from IU with a Secondary Education degree. She graduated with honors and spent 3 years trying to find a teaching job in Indiana. Many of her fellow education degree graduates still don't have teaching jobs. As schools downsize and cut budgets, less teaching jobs are available. I'm not sure I see why we feel the need to bring more teachers to Indiana.

  2. Chuck, regarding creation you stated you had "no interest in a discussion with anyone who buys into it". You certainly have the freedom to believe what you choose, and the students of Ball State have the freedom to choose the classes they prefer to take. But neither you nor I know the specifics of what this class was teaching. Explaining the criticisms of evolution in a scientific class is perfectly valid and constructive in an educational setting. Those criticisms include the creation approach. You don't know, and neither do I, if the educational approach to analyzing evolution included one lecture or 3 weeks of lectures. Neither of us knows if the professor was slamming evolution and promoting creationism. Neither of us knows if the professor was doing his job and, one would hope, presenting the alternative views and allowing his students to see the various pros and cons to each theory. And yes, as each theory is unprovable in current form, they remain theories. You clearly have chosen to not even engage in discussion with those who believe in creation (or presumably even recognize the merits of creation and the inherent flaws of evolution). But college used to be about intellectual discovery and enlightenment. Especially science. So while I'll ignore your snarky response, the core issue you criticize - that the class should be taught exclusively in a religious studies curriculum - fails muster upon further evaluation. Just because you think creation is bunk doesn't mean your theory of evolution has sole exclusive rights in the scientific educational domain. And I must say, spend 5 minutes doing a google search of the "most ridiculous college courses", and one will quickly wonder where all the outrage is over the hardcore politically skewed offerings at many universities (virtually all of which receive federal dollars, and many of which are public universities). For example, see Occidental College and their course THE PHALLUS, which was a required course for graduation in certain majors. One can only wonder what the landscape would look like if the political right were as feverish about these offerings as the atheists are about creationism. As with most things, it doesn't take investigative journalism to discover the hot button threats to the left. They'll show you by their actions.

  3. By definition, the Mind Trust can't know that it's attracting topnotch teachers to Indy. They may prove themselves to be topnotch over time, but they also might prove to be ... less than. I also would like to see statistics on how many Teach for America recruits to Indy are still TEACHING, not just taught a little bit and then moved on to administration or advocacy.

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