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Banking & Finance
529 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.
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.
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.
MoreConsultants for PERF, TRF announce plan to merge
March 9, 2009
Whether or not the Indiana Public Employees' Retirement Fund and the Indiana State Teachers' Retirement Fund consolidate,
their primary financial consultants are merging.
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."
MorePNC plans return to 'old-fashioned' lending standards
March 2, 2009
Peter SchnitzlerPNC CEO James Rohr, 60, recently sat down with IBJ to discuss the merger between PNC
Financial Services Group Inc. and National City Corp., as well as the recession and PNC's strategy.
MoreFearful companies are curtailing employee insurance, retirement perks
March 2, 2009
J.K. WallExperts worry that if unemployment worsens, even more companies could be forced to cut benefits, especially health insurance.
MoreMarket, not bailouts, should stimulate refinancings
March 2, 2009
Mike HicksMarkets, no matter how imperfect, not government programs, manage the economy.
MoreFast-growing appraisal firm evolves from subprime past
February 23, 2009
Cory SchoutenOne of the largest independent survivors of the subprime debacle is staking its future on a real estate appraisal business
based in Indianapolis.
MoreCrackdown on bank pay pinches Hoosier execs
February 23, 2009
Greg AndrewsWhen Sen. Chris Dodd decided to wage war on corporate excess, he had Wall Street fat cats in his sights, not people like Bob
Jones, the folksy CEO of Old National Corp. in Evansville.
MoreWith bear market raging, are stocks priced right?
February 23, 2009
Ken SkarbeckLooking past all the bad news, a forward-thinking investor should be asking: Just how cheap are U.S. stocks?
MoreSeasoned stock pros size up slump
February 23, 2009
Sam StallMedia pundits regularly call the current economic crisis the worst since the Great Depression. One of the few Indianapolis
financial experts who's actually qualified to make such a comparison is Donald C. "Danny" Danielson, the 89-year-old vice
chairman of City Securities Corp.
MoreCIB can't count on mall funders
February 23, 2009
If the Capital Improvement Board comes, hat in hand, looking for help, we trust the investing companies will carefully weigh
the benefits they've derived from the city and its thriving downtown before delivering an answer.
MoreSmall Business Administration grants loans to Indy businesses
February 23, 2009
These businesses have received loans from financial institutions with a guarantee from the SBA.
MoreA showy millionaire faces spate of lawsuits
February 16, 2009
Greg AndrewsA recent spate of lawsuits, filed by a who's who of Indianapolis businessmen, exposes cracks in Tim Durham's veneer of opulence.
MoreStimulus just way too big to spend this year
February 16, 2009
Mike HicksAfter much debate, the U.S. House and Senate have come together on a stimulus package. Whether it will work remains to be
seen. And the long-term impact of spending nearly $800 billion is a big concern.
MoreGold has been glittering next to other commodities
February 16, 2009
It may be that gold is now beginning to reassert itself into the role it was meant to play for manâ??the only true store of
value we have ever known.
MoreCIB could ask for $34 million in write-offs from Circle Centre investors to ease deficit
February 16, 2009
Cory SchoutenA group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write
off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse.
MorePapa's college funds hit the skids
February 9, 2009
Mickey MaurerWhen I read the year-end statements from the 529 College Saving Plans I had established for the benefit of my grandchildren,
I felt lower than a snake's belly.
MoreCorporate shareholders should demand more
February 9, 2009
Ken SkarbeckFree marketers cringe at the thought of government interference, but the fact is that the taxpayer is now a significant shareholder
in a number of financial businesses.
MoreCredit crisis reverses student lender's growth
February 9, 2009
J.K. WallISM Loans is waiting to re-enter markets after halting its lending, changing its leadership and cutting 100 workers.
MoreSome female small-biz owners anticipate boost from changes by new administration
February 9, 2009
Della PachecoSome local women business owners are encouraged by the election of President Barack Obama and his appointment of a new chief
at the Small Business Administration who is thought to be especially interested in the needs of women-owned businesses.
MoreCredit crunch creates bond crisis for CIB
February 9, 2009
Peter SchnitzlerThe Capital Improvement Board's $43 million in debts must be settled soon, or the entity may not be able to survive.
MoreMall giant says it's in good shape, but takes steps to conserve cash
February 9, 2009
Cory SchoutenDespite assurances of strength, Simon Property Group Inc. has decided to pay 90 percent of its dividend in stock, a move that
allows the company to hold onto $925 million in cash this year but could alienate shareholders drawn by the dividend.
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If a television station wants to improve viewership, get rid of the local blackout. I was born by the brickyard, and have attended 15 or more races. I have children now, I won't attend unless circumstances are perfect. As those with growing families know, they never are. I'm always impressed that upwards of 250,000 people attend the 500. However, as a growing, or, more apt, sprawling city, Indianapolis and its immediate suburbs count almost 2.2 million. Show the race live, let the venue get a kick-back on revenues, and open-wheel racing might have a fighting chance to be relevant again. Just in time for those tax-payer lights to make sense.
John Moore, I too have had the same issue recently. A property next to my house was on the Land Bank and I was interested in purchasing. When I tried to contact Reggie, I got back emails that had nothing to do with what I asked about. Actually my latest response from him was on this past Friday. I had asked about how to buy the property and if it was still available. His response to me was to contact the mayor's office to get the schedule of his appearances. (???) Hopefully the city is able to do something to fix what this guy has done, it would be nice if they would take the properties back and sell them properly so land owners like me and you mother would have a fair chance.
I too work in the industry, with over 25 years of experience and your political spin has probably nothing to do with any rebranding. "Let's dress it up" would have nothing to do with the government "telling us how and what to eat." Give it a political rest. And being a producer for a radio show doesn't mean you've been involved in advertising and branding for 30 years.
Ms. Morris did not understand the ways of the business world, otherwise, like the IMS, she could have petitioned the State Legislature for a handout of State Funds for her charity work. Ms. Morris should consider becoming a state lobbyist for Lemonade Stand Operators.
David Copperfield!