IBJOpinion

JA's Miller acted appropriately

May 8, 2010
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IBJ Letters To The Editor

We represent Jeffrey M. Miller. As the former CEO of Junior Achievement of Central Indiana, as well as the former president of the Experiential Learning and Entrepreneurship Foundation (ELEF), Miller is concerned with the potential implications of the latest article regarding JA and ELEF titled “Fate of fund a JA mystery” published in the May 3 IBJ.

Just to be clear: From Miller’s perspective, there is no mystery. Miller acted appropriately and fairly in all ways related to the funds from the Charles D. Byers Merit Award.

Because of the economic turmoil in 2008, ELEF placed this award money with JA at a guaranteed 5-percent rate of interest. Miller believes this was a good investment and guaranteed earnings for the Charles D. Byers Merit Award. This money was committed to JA for a term of 10 years.

From all information that Miller had or has, JA still remains in possession of this money. At the time Miller resigned from JA as CEO in December 2008, all monies from this donation were fully and fairly accounted for. And all actions that he took with regard to this money—and any other monies—were fully accounted for and fairly authorized as well as completely legitimate.

Thus, there is no mystery as far as Miller’s handling or investment of this money or any other monies. It was all fully authorized; it was all fully accounted for; and it was not mysterious in any way. The only real mystery is the lack of reporting regarding the current status of the money.

____________

Kevin W. Betz

Betz & Associates

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  1. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

  2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

  3. How many parking spaces do they have at Ironworks? Will residents have reserved spaces or will they have to troll for a space among the people that are there at Ruth Chris & Sangiovese?

  4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

  5. I remain amazed at the level of expertise of the average Internet Television Executive. Obviously they have all the answers and know the business inside and out.

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