July 28, 2012
Banks now have until October to avoid having preferred shares auctioned by federal government.
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July 21, 2012
Kathleen McLaughlinSix of the 17 Indiana banks that relied on the federal government to shore up their balance sheets in the recession have yet
to repay, and the U.S. Treasury isn’t going to wait forever.
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June 25, 2010
Bloomberg NewsBill headed for Obama's desk would reform financial regulation in effort to protect consumers, curb risks, boost surveillance
of threats to markets, and give regulators more emergency powers to avoid future bank bailouts.
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May 5, 2010
IBJ Staff and Bloomberg NewsThe now-defunct Irwin Union Bank and Trust almost tripled in size from 2000 to 2005 as it extended credit to subprime mortgage
borrowers with insufficient collateral.
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March 13, 2010
Peter SchnitzlerSmall, community banks will bet on their strength in customer service, and large banks will offer business customers lower
costs.
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October 24, 2009
Greg AndrewsIt’s good to be among the favored few, those blessed by the Federal Deposit Insurance Corp. to scoop up the remnants
of failed banks. Because it was on the FDIC list of approved buyers, Cincinnati-based First Financial Bancorp
was able to acquire Columbus, Ind.-based Irwin Financial Corp.’s banking operations under terms
that would make any deal-maker proud.
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October 3, 2009
Scott OlsonFees imposed on U.S. banks to rebuild a Federal Deposit Insurance Corp. fund nearly depleted by scores of bank failures is
expected to sap profits of small financial institutions. Community banks with less income than their larger counterparts are
particularly at risk of having their 2009 earnings erased by the charges after an emergency fee on banks took effect June
30.
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September 21, 2009
Peter SchnitzlerUp to the end, Columbus-based Irwin Financial Corp. anticipated a government bailout that never materialized.
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August 10, 2009
Peter SchnitzlerLocal credit unions largely avoided putting toxic assets on their own balance sheets. Even so, they’re going to have
to pay millions of dollars to clean up their industry’s books.
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July 27, 2009
Peter SchnitzlerRegulators have told Irwin Union Bank FSB that it must boost its capital by the end of next month or face the possible
suspension of its business.
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July 27, 2009
Scott OlsonThe banking sector is on the mend after being tattered by the financial crisis, but it still has a long way to go before
making a full recovery. That’s the consensus, judging from recent stock performances of the largest publicly
traded banks with a presence in Indianapolis.
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June 22, 2009
Mike HicksThe worst is likely behind us, but difficult times lie ahead, especially for the unemployed.
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May 25, 2009
Greg AndrewsWithin a month of joining the board of Evansville's Integra Bank Corp. Mike Alley, former CEO of Fifth Third Bancorp's central
Indiana operations, had become Integra's interim CEO.
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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.
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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.
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February 9, 2009
Morton MarcusSociety must learn about the history of global markets in order to prevent further financial calamities.
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December 29, 2008
Cory SchoutenMany of Indiana's banks jumped at the chance to apply for a share of the federal government's capital-infusion program, and
ones that win approval likely will accept the funds designed to shore up still-healthy financial institutions.
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December 29, 2008
Ken SkarbeckFor investors across the globe, most
would agree that 2008 was an annus horribilis. Anyone with a vague recall of Latin will arrive at the translation of "horrible
year."
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November 17, 2008
Ken SkarbeckExperts with the Troubled Asset Relief Program, the government's financial bailout program, are struggling to figure out how
best to relieve America's financial mess.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
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!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.