NewsTalk

Welcome to the archives for NewsTalk, an IBJ blog published from November 2007 through December 2010.

Thoughts on Schrenker

January 15, 2009
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One of the themes emerging from the developing story about Marcus Schrenker is that he was driven to personal destruction at least partly by greed.

The Fishers investment manager had a history of living well beyond his means, and by the time he allegedly crashed an airplane on purpose in Florida and fled, he faced bankruptcy along with charges related to his investment management â?? not to mention a divorce.

If Schrenker is like most people who get into these kinds of problems, he probably didnâ??t initially dive in head-first.

At a personal level, where do you draw the line between the legitimate motivation to maximize investment returns and greed? What yardsticks do you watch in order to know when youâ??re nearing danger? The letter of the law, your conscience, something else?

Any other thoughts about Schrenker?
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