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Scott Olson
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Lou Harry
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Anthony Schoettle
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Andrea Muirragui Davis
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J.K. Wall
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Recent Blog Posts

Payton Wells auction set

Cory Schouten
February 27, 2008
Comments(42)
An auction date has been set for three parcels near Meridian and 16th streets that housed the Payton Wells car dealership. The properties are 2.5 acres with a 50,000-square-foot...
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Daylight-saving time angst

February 27, 2008
Comments(11)
The debate over daylight-saving time never seems to end. University of California-Santa Barbara economists have studied Duke Energy Corp. electricity bills and found that Indianaâ??s switch to daylight-saving time in 2006 cost Duke households $8.6 million extra. Duke operates in the...
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Buckley and Hoosier conservatism

February 27, 2008
Comments(0)
William F. Buckley, who died yesterday at age 82, was an intellectual lion who played a key role in pushing conservatism to national prominence, and he left tracks in Indiana along the way.More

Mellencamp: the musical

Bruce Hetrick
February 27, 2008
Comments(6)
The long-discussed John Mellencamp/Stephen King stage musical “Ghost Brothers of Darkland County” at last has an opening date. It’s scheduled to premiere in Atlanta at the Alliance Theatre in April…of 2009. (The Alliance, FYI, won the Tony Award for Oustanding Regional Theatre...
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Move over Danica

Cory Schouten
February 27, 2008
Comments(12)
There could be as many as four women drivers in this year’s Indy Racing League season. Danica Patrick and Sarah Fisher already have signed deals to race this year. Yesterday, Venezuelan Milka Duno...
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Fabric, French food and fillings

Cory Schouten
February 27, 2008
Comments(12)
Today's collection of retail and restaurant nuggets are brought to you by the letter F. Eastside institution closing Circle Fabric, a staple at 30th Street and Shadeland Avenue for more...
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Lilly puts name on tennis title

Cory Schouten
February 26, 2008
Comments(2)
The local stop on the ATP Tour now will be known as The Indianapolis Tennis Championships Presented By Lilly. Eli Lilly-which will use the tournament to promote specific drugs such as Humalog...
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Musical detente in N. Korea

Bruce Hetrick
February 26, 2008
Comment(1)
What to make of the New York Philharmonic’s decision to include a concert in North Korea on its latest musical road trip? Conductor Lorin Maazel explained:  "Music is a powerful language in which those of us who are humane and intelligent...
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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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