Welcome to the archives for NewsTalk, an IBJ blog published from November 2007 through December 2010.
Banking Blog Posts
Small banks botched public relations, outsider charges
July 23, 2010
Comments(4)Bank reform wouldn’t have been so heavy-handed had small- and medium-sized banks gotten their act together, Mark Hills
says.
MoreWill Indy homeowners abandon their mortgages?
July 21, 2010
Comments(7)In other markets, homeowners who can afford their payments are making the ethical and financial calculus to hand the keys
back.
MoreNipping estate feuds in the bud
June 7, 2010
Comment(1)A lawyer says too many parents withhold information about estate from heirs and unwittingly set up the heirs for a battle.
MoreRegulators ripped in Irwin Financial postmortem
May 5, 2010
Comments(2)The Chicago Fed missed several chances to rein in explosive growth before the prominent bank failed. But the deeper question
is, what was Will Miller thinking?
MoreRanking the risk of Indy's biggest bank
April 28, 2010
Comment(1)JPMorgan Chase is in the middle of the worst, a New York University prof says.
MoreCity Securities chief likes Tea Party
March 30, 2010
Comments(10)You know times have changed when the head of Indianapolis’ main investment bank can identify with the Tea Party movement.
MoreGonzo BMW riders
March 9, 2010
Comment(1)The biker who nearly ran you into the ditch just might be your friendly investment banker.
MorePerils of non-family managers
February 25, 2010
Comments(0)A former Toyota exec blasts non-family managers for the company’s problems. Are some Indianapolis-area companies better-
or worse-off after families relinquished control?
MoreContorting bank regulators
February 17, 2010
Comments(0)A long-time bank observer says regulators are twisting into pretzels to avoid taking over Indiana institutions.
MoreBank slogan gets acid test
November 23, 2009
Comment(1)The banking crisis isn't the only reason to rethink the ubiquitous "We care" theme.
MoreAnother year of bank migration?
October 16, 2009
Comments(0)More than a year a year after the financial crisis began, businesses are still looking for new bank relationships.
MoreWill Miller's burden at Irwin Financial
September 16, 2009
Comments(9)Will Miller, the fifth generation to run Irwin Financial Corp., is in danger of being the scion at the helm as the family
business hits the wall.
MoreBank-branch boom skirts inner city
August 17, 2009
Comments(11)Itâ??s no secret banks are tossing up branches left and right. IBJ reported last month that banks consider
branches as billboards to lure new customers, even while bank transactions move online.
A new Associated Press analysis shows...
MoreLessons from a small bank
May 4, 2009
Comments(2)Sometimes one extreme sheds light on another extreme, and in a day when the nationâ??s financial system is
under the microscope for making all manner of rotten loans, the experience of tiny Kentland Federal Savings
& Loan Association might be...
MoreObama and executive salary caps
February 5, 2009
Comments(9)All things considered, there shouldnâ??t be a fuss about President Obamaâ??s plan to cap salaries of executives
in companies that receive federal bailouts.
Thatâ??s the take of Dan Dalton, an Indiana University specialist on corporate governance.
Dalton points out that...
MoreNearly free money on the way?
December 15, 2008
Comments(6)The Federal Reserve this week is expected to drop the rate at which banks loan money to each other below
1 percent. That means interest rates on loans for just about everything, from cars to housing, eventually
would fall further.
The...
MoreA tiny Indiana bank and the bailout
November 18, 2008
Comments(7)Newton County Loan & Savings bank couldnâ??t be more out of the way â?? or more relevant in this day
of
government bailouts.
The thrift is in Goodland, a burg between Lafayette and Chicago, and has all of $7.3 million in...
MoreOdd behavior at Old National
April 8, 2008
Comments(2)Lots of big news is swirling in banking circles these days, including what might become of financially challenged
National City Bank.
But a small piece of unusual news that unfolded yesterday is generating about as much talk locally.
Old National...
MoreWho will win the banking wars?
February 4, 2008
Comment(1)Itâ??s no secret that banks are in upheaval thanks to the subprime mortgage crisis and the domino affect
mess
itâ??s creating.
In an IBJ story over the weekend, reporter Cory Schouten discusses the local grab for market share, as...
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Lauren: I reported BJ's plans based on their filing for construction permits. Of course, it's possible the plans fell through. Will update if I can find out more.
This weekend the Indianapolis School of Ballet performed Russian Treasures at the Scottish Rite Cathedral Theater for huge, enthusiastic crowds. This group of young people, returning students and young guest artists did fantastic performances of Balanchine's Valse-Fantaisie, Swan Lake Act II, Raymonda Act III and Allegro Vivace. I was blown away by the professionalism and energy of this school, which is on the caliber with most professional companies. If you're looking for great dancing and production value, this downtown venue is worth seeing and supporting.
Are they indeed going up there? I was told by BJ's directly they had no new stores planned in the area...
The article mentions that Indiana casinos are losing revenue to Ohio and Illinois casinos, but neglects to mention that those regional competitors are smoke-free for worker health.
In other words, Indiana's smoke-filled casinos are losing revenue to smoke-free competitors - without a local or statewide clean air law in Indiana to blame for it. Meanwhile, Indiana's casino workers, in order to provide for their family in a tough economy, must face the health hazards of secondhand smoke on a daily basis including cancer, heart disease, COPD, and many other preventable diseases, and associated healthcare costs.
Indiana lawmakers should take a cue from states like Ohio, Illinois, Maryland, and Massachusetts and ensure that casino jobs don't sicken the very people those jobs are intended to help. Even sophisticated casino ventilation systems do not protect people from the serious health hazards of secondhand smoke.
Some bump day, huh? Why were Loyd and Hamilton not allowed to run? Both say they had rides. It must be all part of the Vision. The good news is no traffic and plenty of room to stretch out. It would be nice if someone picked up some trash, there was so much trash in the Paddock Penthouse yesterday it looked like a Hulman George family reunion.