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Banking & Finance
Banker's seat on board turns into bigger challenge
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.
MoreNEA takeover humbles once-mighty ISTA
May 20, 2009
Greg AndrewsThe National Education Association said today that it is taking over its Indiana affiliate, a stunning comeuppance for what
long had been one of the most powerful union forces in the state.
MoreOld National striving to be 'Indiana's bank'
May 18, 2009
Scott OlsonOld National's purchase of 65 Charter One branches deepens its foothold in Indy.
MoreLilly Endowment has made few changes despite massive fall in value
May 18, 2009
Kathleen McLaughlinLilly Endowment lost 26 percent of its value in 2008, falling from $7.7 billion to $5.7 billion. What's different about the
Indianapolis-based endowment is that its most recent loss caps a downward slide that's lasted eight years.
MoreMerchants Bank of Indiana is top home-grown bank
May 18, 2009
Peter SchnitzlerMerchants Bank of Indiana, whose main office is in Carmel, books better numbers than any other Hoosier bank.
MoreAngel 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.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.