Recent Blog Posts

Mass transit potential

April 27, 2009
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For an interesting take on how mass transit could help revitalize Indianapolis, see IBJ reporter Chris Oâ??Malleyâ??s story this week on the topic. Ball State grad students dreamed up several concepts for plunking new rail stations along existing...
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Measuring your performance

April 24, 2009
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From the beginning of time, engineering and the hard sciences have been held to account by laws of nature because results of faulty reasoning are obvious. Heavy airplanes wonâ??t leave the ground, patients given the wrong drug die. In recent decades...
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Fearful business buyers

April 22, 2009
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You might think people would be hankering to buy businesses, what with the frail economy tripping trap doors beneath more and more jobs. Not so, says the managing partner of the stateâ??s largest business brokerage. Ed Mysogland says the Web site for...
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The new education chief

April 22, 2009
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Tony Bennett has been state superintendent of public instruction for just three months, but heâ??s making plenty of waves. Bennett, who replaced longtime chief Suellen Reed after she decided not to run for re-election, has not abandoned his campaign...
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Preparing for the turnaround

April 21, 2009
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In his conversations with business owners and CEOs, Carmel consultant Bud Roth sees attitudes about the recession changing, but not changing enough. Many leaders have figured out whether or not their organizations will survive, says Roth, who was vice president of...
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WellPoint Holliday Park?

April 20, 2009
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Indianapolis was one of the first cities to sell naming rights for sports venues when RCA in 1994 was allowed to pay $10 million to puts its name on the Hoosier Dome. The dome has been demolished and the Colts have...
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Indiana’s next governor

April 17, 2009
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The 2012 governor’s race is a long way off, but it isn’t too early to start asking about the kind of governor Hoosiers will be looking for. More than one politico is certainly discussing the question. By then, the state will...
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Internet marketing software city?

April 16, 2009
Comments(18)
Indianapolis is known for hosting big races and other sports events, but the leader of an obscure niche called Internet marketing software? Chris Baggott, who runs one of the companies developing the software, Compendium Blogware, says Indianapolis actually has emerged as...
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Angel investors taxed too much?

April 14, 2009
Comments(6)
Mike Alley made lots of money running Fifth Third Bank’s central Indiana operations until he quit in 2002 to run his own investment firm, and he’s still making it pumping resources into entrepreneurial companies. That perspective — of shifting from a...
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Bankruptcies booming again

April 14, 2009
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Bad times have Hoosiers filing lots more personal bankruptcies, right in synch with a national trend. U.S. Bankruptcy Court for the Southern District of Indiana, which includes Indianapolis, logged 2,936 bankruptcies last month. That was a heady increase from...
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Playing conservative with refunds

April 13, 2009
Comments(5)
Americans are in a mood to pay down their debt, a survey shows. Most who expect to receive tax refunds plan to use the money to pay off bills, and the trend is particularly strong among those making...
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Detroit 3 fallout

April 8, 2009
Comments(5)
For an eye-opener into the plight of Michigan, look no further than the number of people involved in the auto industry. Things have gotten so bad that a think tank there now spends much of its time trying to figure...
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Itching to leave your job

April 7, 2009
Comments(12)
Katy, bar the gate. Lots of workers are itching to jump to new jobs as soon as the economy shows a glimmer of strength, says Chris Woolard, a senior consultant at Walker Information. Woolard has a window on worker attitudes through...
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Pricey meth cleanups

April 6, 2009
Comment(1)
Cleaning up a methamphetamine lab has become so expensive under Indiana law that in some cases it’s cheaper to tear down the house or tow the trailer home from where its located to a dump. Apartment owners also are...
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Another ‘Merchants’ bank born

April 3, 2009
Comments(5)
Banks aren’t known for creative names. Three in Indiana—in Mooresville, Fairmount and Munster—include “Citizens” in their names. Three others have “Peoples.” Eight have “Community.” And don’t ask about “First.” Now there’s another blurring of bank brands. Greensfork Township State Bank, a...
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Marsh Supermarkets directors

April 1, 2009
Comments(14)
Marsh Supermarkets is making some awfully pointed claims in its lawsuit against the company’s former CEO, Don Marsh. As IBJ reporter Cory Schouten first reported, Don Marsh is accused of taking expensive trips around the world, charging the company...
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Indiana not so corrupt?

March 31, 2009
Comments(10)
In terms of political corruption, Indiana looks downright pristine compared to many other states, a recent Chicago Tribune story says. Louisiana takes the cake with a per-capita corruption rate twice that of the rate in Illinois. Our neighbor to...
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Wagoner, GM and CEOs

March 30, 2009
Comments(6)
President Obama has pushed aside General Motors CEO Rick Wagoner to hasten a turnaround of the once-proud carmaker, a decision that would have been unthinkable had GM continued making cars consumers wanted to buy. General Motors has long been criticized...
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Louisville’s guerrilla marketing

March 27, 2009
Comments(10)
Louisville is probably getting a lot more mileage out of Indianapolis’ turning down its plan to flash promotional images on buildings than it would have had the media never latched onto the story. That how Ron Gifford sees it...
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Indiana’s place in a global currency

March 25, 2009
Comments(9)
China has renewed a call for the world to create a global currency. If such a currency were to emerge, it would be a shot in the arm to Indiana’s manufacturing base, says Purdue University economist Kanda Naknoi. China’s central...
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Notre Dame’s decision on Obama

March 24, 2009
Comments(33)
Eleven years have passed since University of Notre Dame students embarrassed the university by complaining that alum and then-Lt. Gov. Joe Kernan was too small of a fish to speak at their commencement. Now, the university might be on...
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Basketball pools as illegal sport

March 23, 2009
Comments(4)
The NCAA basketball tournament is upon us, and with it, myriad pools. In that light, the Indiana Problem Gambling Awareness Program, a state-funded program to prevent and treat addictions, issued a release today noting that sports betting has increased in the...
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Buick better than Lexus?

March 19, 2009
Comments(17)
Some years ago, people began dropping the phrase “the Cadillac of the [fill in the blank]” to describe the very best, and when they did, they sometimes substituted Lexus for Cadillac. So, who would have predicted Buick becoming the More

ChaCha’s future

March 18, 2009
Comments(7)
Popular search engine company ChaCha Search said yesterday that it had raised another round of funding — and laid off 25 workers. So, the economy is taking a toll on ChaCha revenue even while investors continue to believe the...
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Hard lessons learned

March 17, 2009
Comment(1)
Financial planning offices can be good places to pick up on societal trends, and Juli Erhart-Graves thinks she’s onto one. People of her generation—Erhart-Graves is 39—are experiencing a sobering reality check about investing and the economy. Erhart-Graves, a partner with longtime financial...
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