![]() INSIDE DISH: Carmel eatery unafraid to break a few eggs, rulesNovember 2, 2012
Restaurateur Larry Hanes stuck to his guns in creating Eggshell Bistro, bending conventions with
eclectic decor, artisanal coffees, and a simple menu with restrained portions.More. |
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Rewind: IBJ.com's 10 most popular videos of 2012December 19, 2012
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INSIDE DISH: New partners boost sales at PureOctober 12, 2012
Receipts at the locavore's haven in Fountain Square have surged
since February, when two new partners took over day-to-day management, redefined the space, expanded the menu and turned its
hours of operation upside down.More. |
INSIDE DISH: Unlikely pair pilot Ship to profitJuly 20, 2012
OK, so an accountant and a tattoo artist start a bar. Except it's no joke. Clearly defined roles have helped the
odd-couple co-owners of The Sinking Ship navigate a turbulent startup and land on solid financial ground.More. |
INSIDE DISH: Smokers' haven prepares for banMay 30, 2012
Mass Avenue Pub survived a two-year hiatus in the mid-2000s after a massive infrastructure collapse. Its owners think
going smokeless on Friday will be a comparative breeze, even though 65 percent of their clientele like to light up.More. |
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
First Merchant's has a fiscal secret that must work. They held a second mortgage (the first mortgage was 'straw') on a piece of property in Madison County that was supposed to have a dump built on it. The 8.95% 30- year mortgage for $879,500 was issued in '79 and they let the statutue of limitations expire on their interest without receiving a penny in debt service! That was a loss of over $20M with accrued interest. I tried to get them to give me a mortgage like that but they weren't interested. Hmmm?