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Banking & Finance
Angel investment group off to flying start
May 11, 2009
Scott OlsonHALO Capital injects $8 million into startups in first year of operation despite recession and membership turnover.
MoreRecession has a domino effect on venture capital
May 11, 2009
Peter SchnitzlerCall it a trickle-down effect, but not the kind President Reagan would have liked. The recession has cost most institutional
investors, such as university endowments, about a quarter of their value. As a result, venture capitalists' primary source
of funding has dried up. The implications for Hoosier entrepreneurship are stark.
MoreComplex bond schemes haunt Indy, other cities
April 20, 2009
Ken SkarbeckThe city is just beginning to digest the news that came out of left field regarding Indianapolis Water Co.'s bond transaction
gone wild.
MoreWhite River Capital negotiating new terms for its First Chicago Bancorp merger
April 20, 2009
Peter SchnitzlerIn a March 13 filing with the Securities and Exchange Commission, publicly traded White River revealed it's postponed its
merger with First Chicago Bancorp, and now is negotiating new terms.
MoreConseco's Prieur, others suffering steep losses on purchase of shares
April 13, 2009
J.K. WallConseco CEO Jim Prieur keeps putting his money where his mouth is, purchasing more than a half-million
shares of his company's stock over two years.
MoreStem cell discovery promises health care revolution
April 13, 2009
Bloomberg NewsScientists are using a new stem-cell technique that may someday revolutionize care for disorders as diverse as diabetes, Alzheimer's
disease and muscular dystrophy.
MoreCommuting shifts $87 billion in Indiana
April 6, 2009
Morton MarcusFully 40 of Indiana's 92 counties derived more than half of their earnings from commuters bringing back their compensation
from somewhere else.
MoreForeclosure investors shift to buy-and-hold strategy
April 6, 2009
Sam StallInstead of buying and selling, investors with ready cash are buying houses at substantial markdowns, turning them into rental
properties and sitting tight until the market improves.
MoreShareholders must hold fiduciaries' feet to the fire
April 6, 2009
Ken SkarbeckThe economic downturn has provided shareholders an opportunity to press for change
on a variety of corporate governance issues.
MoreAuction-rate securities suit names Stifel's Cohen, others
March 30, 2009
IBJ StaffAmong defendants named in a Missouri lawsuit against investment firm Stifel Nicolaus and Co. is Stifel Managing Director Jeffrey
Cohen, who is based in the company's Indianapolis
office.
MoreAvoid temptation to delay property tax payments
March 30, 2009
Jean WojtowiczIf you are late in making property tax payments, begin to chip away at your bill by making weekly payments.
MoreDow tightens grip on prized Indianapolis unit
March 23, 2009
Greg AndrewsLocally based Dow AgroSciences, one of Indianapolis' top employers, may not be going on the sale block after all.
MoreFinancial crisis yields opportunity for local banks
March 23, 2009
A national study finds that many community banks continue to prosper.
MoreBanks fighting heists with shrewd precautions, technology
March 23, 2009
Peter SchnitzlerCrime is not random, according to public safety experts, and bank security strategies focus primarily on deterrence.
MoreBanking system's history should help ease fears
March 23, 2009
Ken SkarbeckSince people must have confidence in the financial system for it to function properly, it is incumbent upon our leaders to
take action and assure the people their money is safe.
MoreInvestment losses leave Conseco searching for $400M in horrible environment to raise capital
March 16, 2009
J.K. WallWithout fresh capital â?? or loosened debt obligations â?? Carmel-based Conseco could find itself in bankruptcy or looking
for a buyer or both.
MoreMedical, tech entrepreneurs launch matchmaking effort in life sciences
March 16, 2009
Chris O'MalleyThree entrepreneurs from the medical and software realms are herding angels to invest in upstart life sciences companies in
Indiana.
More529 Plans remain solid vehicle
March 16, 2009
Indiana's CollegeChoice 529 Plans offer a number of great investment options to save for children's college costs.
MoreVenture capital fund launched by up-and-comers buys into Vontoo, Compendium Blogware
March 9, 2009
Peter SchnitzlerSeveral venture capitalists — a generation younger than most in the profession — are establishing themselves in
Indianapolis.
MoreDurham insider deal sparks outcry
March 9, 2009
Greg AndrewsTim Durham is facing allegations of self-dealing after a publicly traded company he helps run in Dallas acquired assets from
a finance company he owns in Ohio.
MoreStruggling contractors hope for sale of factory
March 9, 2009
Kathleen McLaughlinContractors struggling under the weight of an unfinished factory in Tipton are hoping for a quick sale to recover at least
some of the $44 million they say they're owed by Getrag Transmission Manufacturing.
MorePension merger raises questions
March 9, 2009
We're generally supportive of a plan to merge the state's two largest public pensions in an effort to save money, but it's
hard to know exactly what to think considering the lack of detailed information available about the performance of the funds.
MorePERF confusion
March 9, 2009
I am not at all sure that a merger of two public pension plans is not a good idea, possibly just not under current investment
management auspices.
MoreLook beyond emotions when investing
March 9, 2009
Ken SkarbeckAs Ben Graham said in his Mr. Market allegory: "The market is there to serve you, not guide you."
MoreIndiana Public worker, teacher funds have lost $8B in 15 months
March 2, 2009
Peter SchnitzlerThe state's two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive
director and board.
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The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!
Coming from her background,she should be used to those kinds of advances! Menard probably figured it was ok to tuck a buck!
I'm still waiting for the list of available, high quality apartments in the Village.
This criminal masquerading as a lawyer obviously has serious issues. He’s been proven by his own testimony to be a pathological liar and probably has a personality disorder as he seems to be constructing a reality around himself. He places no value on truth, honesty or loyalty as evidenced by what he has done to his clients and his own family. And by the demands and lies he has made in court, it is evident he feels entitled to do and say whatever suits his purpose and everyone else is expected to nod obediently and believe him because he is, after all, Bill Super Lawyer; or BS lawyer for short. This millionaire wanna-be no longer owns anything of value; he squandered it and put everything he had into foreclosure. He has no money, house, car, boat or vacation home left to show for what he earned or what he stole. He’s just another loser without morals who will be doing time. I’m certain all of his courtroom shenanigans are antagonizing his poor victims. As Lamar said, his behavior and claims in court have been outrageous. The judge needs to be more than concerned; he needs to be judicial and end this nonsense.