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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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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.