September 19, 2009
Ken SkarbeckLauded as "masters of the universe," the star investment managers overseeing the largest hedge funds built
huge expectations they couldn't fulfill.
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September 5, 2009
Ken SkarbeckNowhere else on the stage of global economics was financial boom and bust more surreally scripted than in the small isolated
country of Iceland.
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September 5, 2009
IBJ StaffGerman group invests in Carmel-based company that specializes in financial services for insurance agencies.
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August 29, 2009
IBJ StaffLocally based venture capital firms Cardinal Equity Partners and Centerfield Capital Partners have joined with Chicago-based
bank Harris NA to recapitalize the state’s largest independent physical therapy provider.
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August 25, 2009
Greg AndrewsThe insider-trading settlements announced by the Securities and Exchange Commission this week were an outgrowth of a broader
inquiry into trading in First Indiana Corp. by dozens of people before its sale two years ago, according to a former director
of the bank.
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August 24, 2009
Ken SkarbeckEvery Friday after the markets have closed, my e-mail starts getting dinged by the FDIC. That is when the government agency
publicly announces the names of banks that failed during the past week.
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August 24, 2009
Greg AndrewsThe Texas investor running the chain doesn't seem like such a champion of transparency these days.
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August 24, 2009
Greg AndrewsThe Securities and Exchange Commission said today that it has settled insider-trading charges against three local residents
who bought shares in First Indiana Corp. immediately before the July 9, 2007, announcement that it was being acquired by a
Milwaukee bank for a 42-percent premium.
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August 19, 2009
IBJ StaffAn Indiana money manager scheduled to be sentenced today in Florida on charges he deliberately crashed his plane to fake his
death and flee financial ruin now faces more charges in his home state.
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August 10, 2009
Ken SkarbeckIf you never got around to opening that Swiss bank account, you might want to wait a bit longer—at least until after
Sept. 23. That is the date the IRS has set for any tax-evading American to come forward regarding 52,000 accounts held at
Swiss banking giant UBS under a Voluntary Disclosure program.
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August 10, 2009
Greg AndrewsHHGregg Inc. shares have enjoyed a spectacular runup this year. But the company’s biggest shareholder is making a
huge bet that the good times are only beginning.
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July 13, 2009
Ken SkarbeckA developing case of technology theft has shed light on the proprietary systems Goldman Sachs and other investment firms
use to make millions of dollars. A 39-year-old former employee at Goldman has been accused of stealing computer
code used in the company’s high-frequency trading system.
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June 29, 2009
Ken SkarbeckTarget-date mutual funds, a popular investment vehicle in 401(k) plans and college savings plans, have recently come under
scrutiny by Congress and regulators. Investors are in an uproar over the recent poor performance of funds nearing their target
date.
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June 8, 2009
J.K. WallLast fall's Wall Street meltdown, which erased half the value of some 401(k) retirement plans, has both employers and employees
re-examining what to expect long term.
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May 25, 2009
J.K. WallThe people overseeing the Indiana State Teachers Association Insurance Trust had no background in investments or insurance,
likely leaving them ill-equipped to grasp the ever-larger amounts of complicated investments the trust was buying.
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May 20, 2009
Greg AndrewsThe National Education Association said today that it is taking over its Indiana affiliate, a stunning comeuppance for what
long had been one of the most powerful union forces in the state.
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May 18, 2009
Kathleen McLaughlinLilly Endowment lost 26 percent of its value in 2008, falling from $7.7 billion to $5.7 billion. What's different about the
Indianapolis-based endowment is that its most recent loss caps a downward slide that's lasted eight years.
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May 4, 2009
Ken SkarbeckInvestors today are dealing with a variety of calculation problems when attempting to determine if stocks
are attractive values. Some of the more common ratios and statistical measures that investors regularly employ to value businesses
become skewed in an economic downturn.
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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.
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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.
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April 13, 2009
Chris KatterjohnOne of the greatest investors of all time, Warren Buffett is always refreshingly candid and informative in his letters to
investors, and 2008's 21-page missive is no exception.
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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.
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April 6, 2009
Ken SkarbeckThe economic downturn has provided shareholders an opportunity to press for change
on a variety of corporate governance issues.
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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.
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RKW's comments read like a modern "Chicken Little". As a Raintree resident for many years, "Yes, I'm ready for this." Matter of fact, I welcome The Farm because it's a development that compliments our town, brings new and desirable shopping & dining closer (specialty grocer, upscale shops, micro brew pub, etc), offers upscale condos for empty nesters who want to stay in Zionsville, is being planned and constructed by local, well-reputed firms and, of course, provides desirable non property tax benefits. We all knew the Pittman's were going to develop their property sooner than later. That one of the Pittman's will continue to live on the property helps assure The Farm will be everything promised. This also sets a standard for other developers as to the quality of future developments - which should keep an ugly Walmart at bay for decades. As we've no meglomaniac mayor, I seriously doubt Zionsville would ever aspire to over-priced statues or subsidized retail rents. And we already have a very nice public theater, the Zionsville Performing Arts Center, that meets our cultural needs quite nicely.
Do we add (or subtract) these from the bounty we recieve from RTWFL, Daylight Savings Time, corporate tax giveaways, and the crack job IEDC is doing?? Or is Mike going to blame these on Mitch?
Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.