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Credit Crisis
HICKS: Recessions end, with or without government help
June 22, 2009
Mike HicksThe worst is likely behind us, but difficult times lie ahead, especially for the unemployed.
MorePanel handicaps market recovery chances
May 25, 2009
Cory SchoutenA panel of five veterans of real estate and construction provided industry insights at IBJ's Power Breakfast May
1 at the Westin Indianapolis.
MoreIn recession, commercial brokers struggle to determine property values
May 25, 2009
Chip CutterFew commercial real estate properties are changing hands in the Indianapolis area these days, creating challenges for brokers
who say it's becoming increasingly difficult to determine the value of properties.
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.
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.
MoreGeist restaurateur buffeted by financial squalls
March 2, 2009
Greg AndrewsHenri and Shelley Najem, who own The Bella Vita restaurant in Geist, represent the scores of Indiana restaurant operators
feeling financial pressure, given the severe economic slump.
MoreCorporate shareholders should demand more
February 9, 2009
Ken SkarbeckFree marketers cringe at the thought of government interference, but the fact is that the taxpayer is now a significant shareholder
in a number of financial businesses.
MoreStudy American financial history
February 9, 2009
Morton MarcusSociety must learn about the history of global markets in order to prevent further financial calamities.
MoreSome female small-biz owners anticipate boost from changes by new administration
February 9, 2009
Della PachecoSome local women business owners are encouraged by the election of President Barack Obama and his appointment of a new chief
at the Small Business Administration who is thought to be especially interested in the needs of women-owned businesses.
MoreCredit crunch creates bond crisis for CIB
February 9, 2009
Peter SchnitzlerThe Capital Improvement Board's $43 million in debts must be settled soon, or the entity may not be able to survive.
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.
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."
MoreWorst auto market in 30 years might force consolidation
December 8, 2008
Chris O'MalleyNew car dealers, usually among the most resilient of all small businesses in weathering economic downturns, are hanging on
for dear life this time around, portending a shakeout among Indiana's 520 dealers.
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.
MoreLean companies have best chance to survive
November 24, 2008
Jean WojtowiczMake your business look as attractive as possible to your banker because you are competing for financing with other small
businesses.
MoreFishers tables $100M development
November 24, 2008
An Ohio developer and the town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million
mixed-use project featuring 250,000 square feet of retail space and 150,000 square feet of office.
MoreLending, deposits increase at credit unions despite subpar economy
November 3, 2008
Cory SchoutenWhile many banks were getting drunk on loose lending in the last few years, most credit unions stuck to conservative lending
and other plain-vanilla banking practices.
MoreNervous banks cut off some borrowers, tighten reins on others
October 6, 2008
Cory SchoutenLocal companies that rely on credit have seen their borrowing power shrink and in some cases disappear as a deep freeze in the nation's credit markets drives fears of a broad economic slowdown. A handful of businesses, including a Greenwood security firm and an Indianapolis contractor, already have shut down after credit dried up, and others are on the ropes as troubled banks seek to limit their loan exposure.
Credit-market turmoil casts uncertainty over ITT Educational Services
March 24, 2008
Tracy DonhardtITT Educational Services Inc. and other for-profit schools are facing a maelstrom of financial threats that analysts say could
hurt student recruiting and profit margins--and already has driven stock prices down sharply. ITT shares are off 61 percent
since hitting an all-time high of $131.82 in November.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!