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Banking & Finance
Basic investments are best for Indiana pension funds
January 5, 2009
John GuyIBJ reported in November that the Indiana Public Employees Retirement Fund will allocate 15 percent to 30 percent of its investments
in "alternatives." Unfortunately, the term means nothing to those of us outside PERF and probably confuses PERF
itself.
MoreOthers to blame for woes? Try looking closer to home
January 5, 2009
Paul CoanInvestors were mad as hell last year as they watched their portfolios melt. And who can blame them? But even after holding
Wall Street, banks and the government accountable, these investors should look in the mirror.
MoreBiotech venture fund in works
January 5, 2009
Peter SchnitzlerBioCrossroads is setting the stage to create Indiana Future Fund II, an effort that would raise tens of millions of dollars
for speculation on promising Hoosier life science companies.
MoreIndiana banks accepting TARP funding
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.
MoreRecession, lockdown of credit hammers businesses of all sizes
December 29, 2008
Cory SchoutenStock markets fell, jobs disappeared, and the outlook for the economy seemed to grow grimmer by the week in 2008. Banks, real
estate developers, retailers and manufacturers took some of the worst hits, but all types of businesses in central
Indiana felt the pain.
MoreStock markets weather historic plunge
December 29, 2008
Greg AndrewsUnless markets surge in the final days of the year, 2008 will go down as the worst year for stocks since the Great Depression.
MoreHigh-flying Premier Properties crashes
December 29, 2008
Cory SchoutenThe founder of local real estate firm Premier Properties USA Inc. saw his company falter this year and faced three felony
charges in connection with its downfall.
MoreTime to close book on '08, and not a moment too soon
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."
MoreTurmoil forces National City sale
December 29, 2008
Cory SchoutenAfter a 17-year run in Indianapolis, National City's trademark green signs are set to be replaced with the blue of Pittsburgh-based
PNC Financial.
MoreTwice-bankrupt ATA finally folds
December 29, 2008
Chris O'MalleyAny hopes that hometown airline ATA would make a comeback and eventually resume scheduled service from Indianapolis were dashed
April 2, when it filed for bankruptcy and ceased operations.
MoreConseco's investment loss of $96 million 'pretty good' by comparison
December 22, 2008
J.K. WallEric Johnson, Conseco Inc.'s president over its investment unit called 40/86 Advisors, talked with IBJ about the surprises
of the investing world over the last 18 months.
MoreStitle: Bank's sale to PNC fuels 'burst of adrenaline'
December 15, 2008
Greg Andrews"I have no intention of retiring â?? now or ever," said Steve Stitle, CEO of National City Bank in Indiana, after the bank
was purchased by PNC Financial.
MoreGivers get strategic
December 15, 2008
Wealthy people are getting more advice from hired professionals and less from peers and not-for-profit personnel when
making
decisions about charitable giving, a new study shows.
MoreWeird yields for Treasuries evidence of investor angst
December 15, 2008
Ken SkarbeckA large number of investors are so fearful these days that they have flocked to the safest securities, pushing down interest
rates to virtually nothing.
MoreBold bets on Hoosier firms yield horrific results so far
December 8, 2008
Greg AndrewsThe millions of dollars they plunked down to buy stock in local companies over the past two years have shriveled in value,
leaving them way, way below break-even.
MoreLease-to-own options becoming more popular
December 8, 2008
Chip CutterWith credit tight and the economy shaky, homeowners around the region are increasingly choosing to sell their properties on
a lease-to-own basis.
MoreDiesel dip in price not fueling trucking recovery
December 8, 2008
Scott OlsonHampered much of the year by high fuel prices, trucking companies still may be in for a long haul before they're back on the
road to recovery.
MoreWorst fallout to come in waning days of recession
December 8, 2008
Mike HicksThe Dec. 1 announcement by the Business Cycle Dating Committee of the National Bureau of Economic Research officially dated
the recession back to the fourth quarter of 2007.
MoreState public company execs grab up stock as prices fall
December 1, 2008
J.K. WallThe unprecedented plunge on Wall Street the last three months has spurred a couple of dozen executives and directors at Indiana
public companies to scoop up shares in their own companies.
MoreStudy says most U.S. pensions are poised to recover
December 1, 2008
A new national analysis of U.S. public pension funds suggests most invest prudently, even in volatile times.
MoreAnalyzing intrinsic value unearths some bargain stocks
December 1, 2008
Ken Skarbeckinvestors looking at business valuations likely will conclude there are companies selling at
prices less than their intrinsic values.
MoreNFP of NOTE: Momentive Consumer Credit Counseling Services
December 1, 2008
Momentive Consumer Credit Counseling Services work to change lives by helping people gain financial stability.
MoreCompanies face pension-plan shortfalls
November 24, 2008
Chris O'MalleyPrivate employers that still offer traditional pension plans are getting a big shock as they assess how much more it will
cost to shoulder retirement obligations.
MoreGreensfork Township State Bank to acquire local startup that failed to live up to high hopes
November 24, 2008
Cory SchoutenA rural Indiana bank that specializes in farm lending has agreed to buy Symphony Bank for less than the ambitious startup
spent to build its extravagant branch on 96th Street.
MoreAutomotive Finance Corp. writes off $162 million, reflecting slow auto sales
November 24, 2008
Chris O'MalleySlowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles
at auction, to take a big write-off on the declining value of its loan portfolio.
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Thank you for pointing out the absurdity of having The Naked Cowboy at Zoobilation. For the life of me, I don’t know why anyone would want a picture with that guy, but there were plenty of folks lined up to get a shot with him. The event could have used more restrooms out on the bridge, more photo booths and vendors offering something besides meat. There were a few more veg-friendly options this year than last, but it has a long way to go.
Went to Zoobilation Friday night and had a great time. The weather was super nice and the food was very good, for the most part. Lots of sliders this year at many different tents. The slider from Alexander's was inedible, all four in my group ended up tossing it after one bite. Some tents were out of food by 8:30 and one bar area was out of cups at 8:30, not sure how that can happen. Great event in Indy and I look forward to it each year.
Many of the small community hospitals are now owned by the "cash-strapped" Indy biggies, with more coming. The doctor-practise buying has been done precisely to sidestep tiered payments for out-of-hospital procedures. These are no better done, or safer, because someone administers a pain shot or snaps an x-ray in a doctor's office. And the non-payment issue is resolved next year when we all have insurance, even though many still think paying private insurers an extra 10-20% is what makes our system "world-class".
I'd love to see this rendering put into the context of the surrounding neighborhood/area to get a better feel for the surrounding scale. However, just by the looks of it, it appears to be an excellent project. I'm pretty sure that if Scott Olson had said nothing regarding Chicago or Wrigleyville, Mr. "Horrible" would have found nothing bad to say. I'd love to know how Indy is becoming "Chicagofied"...
Truly great and funny play. Vocalists were Broadway caliber and stage settings ideal for small stage. Would go again!