Banking & Finance

Study of local mortgage defaults shows benefit of counseling

June 22, 2010
Peter Schnitzler
A study by the Federal Reserve Bank of Chicago finds a strong correlation between pre-mortgage credit counseling and loan performance after comparing Indianapolis Neighborhood Housing Partnership clients with other low-income Marion County borrowers.
More

Durham poised to turn over proceeds of mansion sale

June 21, 2010
Greg Andrews
Beleaguered financier Tim Durham acknowledges owing millions to Fair Finance and is turning over artwork and selling assets to reduce the loan, according to an attorney overseeing the company's bankruptcy.
More

Indiana's biggest private companies majored in the basics in 2009Restricted Content

June 19, 2010
Martha P. Allan
Health care, plastics, other fundamental consumer needs kept some companies on upswings.
More

Home Loan Bank CEO dashes talk of impending mergerRestricted Content

June 19, 2010
Greg Andrews
The recent chatter followed the bank board’s decision to award CEO Milton J. Miller II a severance agreement entitling him to extra pay in the event of a merger.
More

HICKS: Four recommendations for your reading listRestricted Content

June 19, 2010
Mike Hicks
Though I am no slave to fashion, summertime is a long occasion for the reading of good books.
More

Katz Sapper caught up in Simon estate battle

June 18, 2010
Greg Andrews, Cory Schouten
The longtime accounting firm for Simon family interests objected to subpoenas it received from Melvin Simon's daughter Deborah, saying the information requested was far too broad.
More

Shelbyville man sentenced for ripping off employer

June 17, 2010
John K. Branam was sentenced to 57 months in prison after pleading guilty to embezzling $1.6 million over four years from King’s Title & Abstract Co.in Shelbyville.
More

Auction to sell items from former money manager

June 14, 2010
Associated Press
The court-ordered auction includes a motorboat, jet ski and a $30,000 diamond ring, as well as a motorcycle that Marcus Schrenker used to flee police.
More

Whopping dividend puts obscure oil refiner in spotlightRestricted Content

June 12, 2010
Greg Andrews
The financial underpinnings for the current quarterly dividend—45.5 cents per share—seem less than sturdy.
More

SKARBECK: Municipal bond defaults might be next crisisRestricted Content

June 12, 2010
Ken Skarbeck
for decades, politicians have regularly boosted public pension benefits to score election gains, while neglecting the long-term costs to municipal budgets. Now the bills are coming due.
More

HICKS: Derivatives don't deserve their scary reputationRestricted Content

June 12, 2010
Mike Hicks
One major part of the legislation will target derivatives. This is an arena where the financial services industry does itself no good from a public relations sense.
More

Deadline approaching for mortgage lenders to pass exam

June 11, 2010
Lenders must pass the test by July 1, or their licenses will be revoked. So far, just 58 percent of more than 1,000 in the state have passed.
More

For PNC, there's much riding on smooth transition

June 10, 2010
Peter Schnitzler
Pittsburgh-based bank starts converting former National City operations in central Indiana to its brand this weekend. But any snags could create opportunities for competitors to pounce on customers.
More

Miller brothers who shared in fortune fighting over $3 million

June 5, 2010
Kathleen McLaughlin
J. Irwin Miller’s two sons have been battling for years over who should have paid expenses on the wealthy Columbus family’s homes and businesses, but their fight isn’t about the money—especially after they inherited at least $20 million apiece.
More

Indiana Seed Fund nearing end of $6 million stashRestricted Content

June 5, 2010
Chris O'Malley
Having invested in 10 companies since 2005 and with its $6 million pot of money running low, the Indiana Seed Fund is nearing a crossroads.
More

City Securities rebounds quickly from recession

June 5, 2010
 IBJ Staff
Indiana's oldest and largest investment banking firm expects its revenue to increase 20 percent to 25 percent this year.
More

EnerDel's potential luring backers despite steep lossesRestricted Content

June 5, 2010
Peter Schnitzler
The parent of locally based lithium-ion battery maker EnerDel is putting together hundreds of millions of dollars in financing to fund a business plan that could bring revenue to nearly $1 billion within five years.
More

HICKS: State both good, bad in human-capital gameRestricted Content

June 5, 2010
Mike Hicks
Suppose we lived in a perfectly flat world that is a vast, featureless plain of identical square counties.
More

Battered banks don't see light at end of tunnelRestricted Content

May 29, 2010
Greg Andrews
Credit problems continue to bedevil banks big and small, many of them caused by soured commercial real estate loans.
More

Grameen Bank might open here, providing small loans that add up

May 29, 2010
Peter Schnitzler
Bangladesh-based Grameen Bank, the Nobel Peace Prize-winning financial institution that developed the concept of life-changing micro loans for the poor, is contemplating opening its third U.S. branch in Indianapolis.
More

Private companies struggle to raise funds once reaching critical massRestricted Content

May 29, 2010
Peter Schnitzler
Several Indiana companies are in a position, or soon will be, to launch an initial public offering. But don't expect a wave of new Indiana public companies. In the recession, with both revenue and profits down, companies may choose to wait until they have better numbers to report.
More

SKARBECK: Why do Fannie, Freddie deserve a free pass?Restricted Content

May 29, 2010
Ken Skarbeck
One crisis that continues to simmer under the public radar is the endless taxpayer support needed to prop up Fannie Mae and Freddie Mac.
More

Stocks plummet on economic worries

May 25, 2010
Associated Press
The Dow Jones industrials plunged below 10,000 Tuesday as traders turned away from stocks amid worries about the global economy and tensions between North and South Korea.
More

Business bank reports first-quarter loss

May 25, 2010
Indiana Business Bancorp lost $519,043 in the first quarter compared with a profit of $32,252 during the same period a year ago.
More

Soft Landing: Pay slipped for most execs in 2009, but cuts weren't deep

May 22, 2010
Peter Schnitzler
Top executives at Indiana's public companies have largely been insulated from the economic crash. IBJ's review of executive pay found that, although 131 of the 238 executives listed in proxy statements the past two years saw annual compensation fall in 2009, only 10 experienced cuts of more than $1 million.
More
Page  << 51 52 53 54 55 56 57 58 59 60 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. President Obama has referred to the ACA as "Obamacare" any number of times; one thing it is not, if you don't qualify for a subsidy, is "affordable".

  2. One important correction, Indiana does not have an ag-gag law, it was soundly defeated, or at least changed. It was stripped of everything to do with undercover pictures and video on farms. There is NO WAY on earth that ag gag laws will survive a constitutional challenge. None. Period. Also, the reason they are trying to keep you out, isn't so we don't show the blatant abuse like slamming pigs heads into the ground, it's show we don't show you the legal stuf... the anal electroctions, the cutting off of genitals without anesthesia, the tail docking, the cutting off of beaks, the baby male chicks getting thrown alive into a grinder, the deplorable conditions, downed animals, animals sitting in their own excrement, the throat slitting, the bolt guns. It is all deplorable behavior that doesn't belong in a civilized society. The meat, dairy and egg industries are running scared right now, which is why they are trying to pass these ridiculous laws. What a losing battle.

  3. Eating there years ago the food was decent, nothing to write home about. Weird thing was Javier tried to pass off the story the way he ended up in Indy was he took a bus he thought was going to Minneapolis. This seems to be the same story from the founder of Acapulco Joe's. Stopped going as I never really did trust him after that or the quality of what being served.

  4. Indianapolis...the city of cricket, chains, crime and call centers!

  5. "In real life, a farmer wants his livestock as happy and health as possible. Such treatment give the best financial return." I have to disagree. What's in the farmer's best interest is to raise as many animals as possible as quickly as possible as cheaply as possible. There is a reason grass-fed beef is more expensive than corn-fed beef: it costs more to raise. Since consumers often want more food for lower prices, the incentive is for farmers to maximize their production while minimizing their costs. Obviously, having very sick or dead animals does not help the farmer, however, so there is a line somewhere. Where that line is drawn is the question.

ADVERTISEMENT