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Scott Olson
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Lou Harry
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North of 96th
Andrea Muirragui Davis
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The Dose
J.K. Wall
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Recent Blog Posts

IBJ Night at the Movies V

Bruce Hetrick
March 25, 2008
Comments(4)
IBJ blog readers are, of course, very smart people. So it is only...
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Does departure help Pacers?

Cory Schouten
March 24, 2008
Comments(3)
Maybe Donnie Walsh stayed too long with the Pacers, as he said in a news conference this afternoon announcing his departure. The 67-year-old said the team will benefit from having a single voice, that of Larry Bird, as president...
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Angie's List takes on health care

March 24, 2008
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As of today, youâ??ll be able to scour Angieâ??s List for ratings on doctors, health insurance and other health services. The Indianapolis company made its name by rating plumbers and other home repair services. Will the same approach work with...
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Roller Girls gain cult following

Cory Schouten
March 24, 2008
Comments(8)
The Naptown Roller Girls are proving so popular, the locally-based team is looking for a bigger venue. In only its second season playing at the State Fairgrounds’ Toyota Blue Ribbon Pavilion, the team’s...
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You-review-it Monday

Bruce Hetrick
March 24, 2008
Comments(7)
For me, the weekend included lots of reading for upcoming book reviews, a visit with Dance Kaleidoscope (review to appear in next week’s IBJ) and screenings of the classic “Mildred Pierce” and the less-than-classic “Horton Hears a Who.” So what did...
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Arts to the left, arts to the right

Bruce Hetrick
March 21, 2008
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David Mamet has stirred lots of debate with his recent column in The Village Voice. The message can be boiled down to his line "I took the liberal view for many decades, but I believe I have changed my...
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Friday open thread

Cory Schouten
March 21, 2008
Comments(55)
Besides college basketball, what's on your mind today? A starting point: What do you think of Simon Property Group's venture into the condo business with a 47-story tower atop a Nieman Marcus in Boston? (A spokeswoman for the tower's designer,...
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Indiana's forgotten corridor

March 21, 2008
Comments(8)
Draw a line from Richmond in east-central Indiana toward the Chicago area, and youâ??ll find some of the most depressed space in the state. The stretch includes the once-mighty manufacturing centers of Anderson, Gas City, Muncie, Kokomo and Logansport. Factories and...
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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