- Home
- NEWS
- REGIONAL
- THIS WEEK'S PAPER
- BLOGS
- Multimedia
- OPINION
- A&E
- LISTS
- PEOPLE
- EVENTS
- Classifieds
- Subscribe
Banks
Tiny bank claims Stifel Nicolaus duped it on securities
January 10, 2011
J.K. WallThe Peoples State Bank of Ellettsville says it was duped three years ago into investing more than $13 million into auction-rate
securities just before those markets froze up. Now it's suing its broker, Stifel Nicolaus & Co., to get the money back.
MoreDaniels, bankers may spar over deposit insurance fund
December 25, 2010
Francesca JaroszElected officials—including Gov. Mitch Daniels—have started eyeing the little-known, $250 million public deposit
insurance fund, or PDIF, as a potential way to plug budget gaps next year.
MoreUPDATE: Regional bank shares rally on M&I Bank deal
December 17, 2010
Cory SchoutenShares in regional banks are rallying after Canada's BMO Financial Group agreed to acquire Marshall & Ilsley Corp.
in an all-stock deal.
MoreCanadian bank to acquire Marshall & Ilsley for $4.1B
December 17, 2010
IBJ Staff and Bloomberg NewsM&I has about 30 branches in the Indianapolis area and controls about 6 percent of the market's bank deposits, according
to the Federal Deposit Insurance Corp. The bank is ranked sixth among area banks in terms of employment, with about 400 workers.
MoreSale of 118-year-old bank symptom of tough times
December 11, 2010
Greg AndrewsA sale is suddenly more appealing to Monroe Bancorp and other financial institutions that used to be fiercely independent.
MoreIndianapolis banker sees progress, challenges at ailing Integra
December 4, 2010
Greg AndrewsMike Alley, perhaps more than any other banker in the state, is experiencing the pain the economic crisis has wrought on the
nation’s financial institutions.
MoreWorld Bank chief: U.S. still good place to invest
December 3, 2010
Scott OlsonRobert Zoellick, who was set to address the Economic Club of Indiana on Friday, doubts the United States' debt problems will
become as severe as the crisis in Europe and said the U.S. is still a good investment for foreign countries.
MoreCost of '12 Days of Christmas' items soars 10.8 percent
November 29, 2010
Associated PressTrying to buy the items repeated in the song's verses would cost $96,824—10.8 percent more than last year due to rising gold
prices and higher pay for nine dancing ladies.
MoreForeclosure washes away water park plans in Fishers
November 24, 2010
Scott OlsonDeveloper Puller Group has agreed to relinquish a high-profile property approved for a massive water park and retail project
to lender Fifth Third Bank following a months-long legal battle over an $8.6 million loan.
MoreIndianapolis investment adviser Gene Tanner in it for the long haul
November 20, 2010
Norm HeikensAt 78, L. Gene Tanner is one of the longest-serving investment advisers working in Indianapolis. Tanner spoke with IBJ's
Norm Heikens about why he shifted to City Securities, his brush with convicted Ponzi scheme operator Bernard Madoff, and how
his investment strategy has changed.
MoreFederal Home Loan Bank suing major players
November 20, 2010
Cory SchoutenThe Federal Home Loan Bank of Indianapolis has filed suit against some of the nation’s largest financial institutions,
including Bank of America, Wells Fargo and J.P. Morgan Chase, to recover losses on a $3 billion portfolio of mortgage-backed
securities.
MoreUSDA investigating cattle brokerage for bad checks
November 18, 2010
Associated PressIndiana-based Eastern Livestock Co. may owe more than 700 ranchers across the Midwest, South and West a total of $130 million.
MoreHome Loan Bank sues over losses on $3B mortgage portfolio
November 18, 2010
Cory SchoutenThe Federal Home Loan Bank of Indianapolis is suing some of the nation’s largest financial institutions to recover losses
on a $3 billion portfolio of mortgage-backed securities.
MoreIrwin Financial trustee poised to sue insiders
November 13, 2010
Greg AndrewsCourt papers reveal officers and directors of the holding company for the failed Columbus-based bank will soon be defendants
in a $40 million suit.
MoreBank of America seeks to dismiss racketeering suit
November 11, 2010
Homeowners Dwayne Ransom Davis and Melisa Davis sued last month in Indianapolis, claiming Bank of America “routinely”
submitted perjured affidavits to support foreclosures. They lost their Knightstown home last year.
MoreIndianapolis Super Bowl project gets $1M boost
November 5, 2010
Associated PressThe grant from JPMorgan Chase Foundation clears the way for construction of the Chase Near Eastside Legacy Center.
MoreOld National profit rises
November 1, 2010
The Evansville-based bank reported a third-quarter profit of $11.9 million, up from $4 million in the year-ago period.
MoreFirst Internet Bancorp quarterly earnings up again
November 1, 2010
First Internet Bancorp earned just over $1 million in the third quarter ended Sept. 30, compared to a loss of $208,806 for
the same quarter of 2009.
MoreOwner of city apartment complex files Chapter 11
October 26, 2010
Kathleen McLaughlinThe owner of a 518-unit apartment complex on the northwest side of Indianapolis is seeking Chapter 11 bankruptcy protection
as it disputes the amount of its mortgage debt with its lender.
MoreM&I Bank names new Indiana president
October 20, 2010
IBJ StaffTim Massey, who has been head of commercial banking, replaces Reagan Rick, who was promoted to a regional management position.
MoreBanks tread water as they wait for economy to improve
October 16, 2010
Francesca JaroszBanking experts say the health of Indiana institutions is taking baby steps forward along with the tepid economic recovery.
But in these times, recovery looks grimmer than one might expect.
MoreIndustry vet sees sectors on upswing, auctions booming
October 11, 2010
Cory Schouten
Jeff Henry, managing principal of Cassidy Turley, believes the commercial real estate market has seen the worst
but isn't far off the bottom yet. Meanwhile, banks are beginning to jettison properties in a wave of auctions.
Old National acquiring Monroe Bancorp for $83.5M
October 6, 2010
Scott OlsonMonroe Bancorp subsidiary Monroe Bank is the largest bank headquartered in Bloomington. With nearly $850 million in assets,
it has 15 branches in central and south central Indiana, including locations in Noblesville and Avon.
MoreGerman American Bancorp acquires Bank of Evansville
October 5, 2010
American Community Bancorp Inc.'s subsidiary bank, Bank of Evansville, will become part of Jasper-based German American Bancorp
Inc. in a deal valued at nearly $30 million.
MoreLEADING QUESTIONS: Regional M&I prez buzzes on banking
September 29, 2010
Mason King
Marathoner, mountain climber and career changer Reagan Rick approaches his work in finance with high energy and a lofty
perspective. He discusses the thin air in today's lending environment.
Sponsored by
ADVERTISEMENT
on Facebook & Twitter
on Facebook & Twitter
 Follow IBJ's Tweets on these topics: |
||
| @IBJNews | @Propertylines | @IBJTheScore |
| @IBJArts | @IBJHealthcare | @IBJDining |
| @IBJLists | @IBJSmallbiz | |
ADVERTISEMENT
Back to TopCopyright © All Rights Reserved. Privacy Policy | Terms of Use.
Design, CMS, Hosting & Web Development :: ePublishing.
Additional Hosting & Delivery by
First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.
I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.
Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??
On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.