- Home
- NEWS
- REGIONAL
- THIS WEEK'S PAPER
- BLOGS
- Multimedia
- OPINION
- A&E
- LISTS
- PEOPLE
- EVENTS
- Classifieds
- Subscribe
Loans
Web startup aims to connect private businesses, investors
July 28, 2012
Andrea Muirragui DavisPrivate firms that need to raise relatively modest amounts of capital have a hard time finding money. Now three Indianapolis
entrepreneurs think they have the answer: crowdfunding. Individuals make small investments that are aggregated to fund a business.
Indianapolis-based Localstake wants to be the matchmaker.
MoreSallie Mae plans to add 200 jobs in Muncie
July 27, 2012
The jobs are part of a $5 million expansion in which the company will add 20,200 square feet of space to its offices in Muncie.
When finished next summer, the 75,000-square-foot facility will house 900 employees.
MoreSix banks that owe Treasury walk TARP tightrope
July 21, 2012
Kathleen McLaughlinSix of the 17 Indiana banks that relied on the federal government to shore up their balance sheets in the recession have yet
to repay, and the U.S. Treasury isn’t going to wait forever.
MoreHofmeister files bankruptcy reorganization plan
July 6, 2012
Dan HumanHofmeister Personal Jewelers Inc. plans to pay off its creditors over seven years as part of the well-known Indianapolis retailer’s
bankruptcy restructuring.
MoreIU to roll out student financial literacy program
June 22, 2012
Associated PressIndiana University says its plans to offer a financial literacy program to give students the tools to complete college without
excessive debt.
MoreDurham prosecutors wrap case with details on asset transfer
June 18, 2012
Greg Andrews, Cory SchoutenIn the weeks before an FBI raid shut down Fair Finance Co., top company executives led by Indianapolis financier Tim Durham
devised a last-ditch maneuver they hoped would persuade Ohio regulators to allow them to keep selling investment certificates.
MoreSimon Property's revolving loan signals overseas deals
June 11, 2012
Bloomberg NewsSimon Property Group Inc., the world’s largest real estate investment trust, has increased its firepower for potential
global expansion with a $2 billion revolving line of credit in six currencies.
MoreJohnson County flood victims still reeling 4 years later
June 7, 2012
Associated PressThe devastating 2008 flood continues to have repercussions for victims. They are still paying off the tens of thousands of
dollars they had to borrow in some cases to hang new drywall, lay down new carpeting and replace major appliances.
MoreNot-for-profit hoping to grow microloan program
May 26, 2012
Scott OlsonSmall amounts of funding often ignored by larger banks.
MoreLawsuit takes on debt-modification firm
May 26, 2012
Chris O'MalleyA lawsuit filed in Georgia against an Indianapolis firm that helps consumers settle debt is just one in a parade of complaints
targeting the industry.
MoreFeds say wiretaps show evidence of financial plot
May 15, 2012
Associated PressA federal judge in Indianapolis refused to throw out wiretap evidence in the $200 million fraud trial of former Indiana businessman
Tim Durham as the government outlined a case largely based on those recordings.
MoreAfter years of 'pushing water uphill,' Emmis now nimble
May 5, 2012
Greg AndrewsThe Indianapolis media company is on track to have less than $75 million in debt by this summer—down from $1.6 billion
before it launched the divestiture of its TV stations seven years ago.
MoreLocal real estate developer files for bankruptcy
May 1, 2012
Scott OlsonCornelius M. Alig, chairman and CEO of Mansur Real Estate Services Inc., filed for Chapter 7 protection, listing $11 million
in personal debt he attributed to the prolonged slump in the real estate market.
MoreHundreds losing jobs at local Aurora Bank office
April 25, 2012
Scott OlsonThe bank said it will terminate all 450 employees at its office on the northeast side of Indianapolis as the troubled residential
mortgage servicing provider prepares to sell a large portion of its assets.
MoreBank of Indiana on long journey back from brink
April 14, 2012
Greg AndrewsA fast-growing Indianapolis bank that became one of the biggest U.S. Small Business Administration lenders in the state has
returned to profitability after a harrowing stretch of massive losses from borrower defaults that nearly led to its failure.
MoreHofmeister seeks financing to emerge from bankruptcy
April 6, 2012
Scott OlsonDespite objections from unsecured creditors, a federal bankruptcy judge granted the jeweler's request to hire an outside
consultant to help it seek alternative financing to repay the balance of a PNC Bank loan.
More'Repo Games' TV show to feature Indiana contestants
March 26, 2012
Associated PressAnderson will be heavily featured in a game show that gives residents who are facing a repossession a chance to have their
vehicle paid off on the spot by answering questions correctly.
MoreIndiana Live parent seeks Chapter 11 loan extension
March 15, 2012
Bloomberg NewsIndianapolis Downs LLC, parent company of Indiana Live horserace track and casino in Shelbyville, wants lenders to grant a
one-year extension of financing for the Chapter 11 reorganization that otherwise would expire in April.
MoreLocal mortgage firm lands $25M in private equity
March 12, 2012
IBJ Staff and Bloomberg NewsIndianapolis-based Stonegate Mortgage Corp. has received funding from Long Ridge Equity Partners, a private-equity firm, to
help it expand in mortgage origination and servicing, the company said Monday.
MoreState economy finally gaining traction
March 3, 2012
J.K. WallLeading indicators for Indiana's economy are looking up: Banks are increasing lending, real estate developers are pulling
the trigger on long-shelved projects, manufacturers are expanding, and consumers are even buying big-ticket items, including
automobiles.
MoreNuts-and-bolts distributor's sale leaves suppliers empty-handed
February 18, 2012
Kathleen McLaughlinThe purchaser, The Whitesell Group of Companies, bought the assets but not the liabilities, including $5 million owed to various
unsecured creditors.
MoreFirst Merchants shuns management from failed SCB Bank
February 13, 2012
Scott OlsonMuncie-based First Merchants Bank, which on Friday acquired significant loans and deposits held by SCB Bank in Shelbyville,
declined to bring the failed bank's CEO into the new ownership.
MoreWashington Square owner Simon not paying on $12.8M loan
November 26, 2011
Cory SchoutenTraffic is low and vacancies are high at Washington Square Mall, the most troubled local property for Indianapolis-based mall
giant Simon Property Group Inc.
MoreShelbyville's SCB Bank scrambles for capital
November 19, 2011
Francesca JaroszA Shelbyville-based bank appears to have missed a federally mandated deadline for boosting its capital levels, a failure that
might put it at risk of government takeover.
MoreFarm-profit volatility boosting risk for lenders, economist says
November 9, 2011
Bloomberg NewsU.S. farmers face increased financial risk because of higher operating costs and volatile commodity prices, even as income
this year reaches a record, said Michael Boehlje, an economist at Purdue University.
More
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
See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.