Political contributions

No-holds-barred tactics lifted developer Ozdemir

March 8, 2014
Cory Schouten
Ersal Ozdemir, who heads the development and construction firm Keystone Group, has charmed elected officials for years with big ideas—and hundreds of thousands of dollars in political contributions.
More

Police, FBI investigate Elwood mayor's campaign spending

March 3, 2014
Associated Press
The treasurer of Elwood Mayor Ron Arnold's campaign committee said he's been questioned by state and federal officers about Arnold's expenditures for out-of-state travel and personal bills.
More

Campaign money offer exposed in Indiana gay marriage fight

March 2, 2014
Associated Press
A former state Republican Party chairman's pledge to provide campaign cash to protect House members who were considering voting against a constitutional gay marriage ban offers a rare look at the private power game that plays out at the Statehouse.
More

Special Report: City's building spree leaves trail of spoilsRestricted Content

August 24, 2013
Kathleen McLaughlin
Mayor Greg Ballard takes pride in Rebuild Indy, the city’s nearly $400 million program that doubled the volume of public works projects—and became engineering and construction firms' largest business opportunity with the city in more than a decade.
More

Indiana biz leaders race to fund presidential campaignsRestricted Content

September 15, 2012
Kathleen McLaughlin
Mitt Romney, the Republican presidential nominee, has raised $2.27 million in large gifts from Hoosiers, twice as much as President Barack Obama, according to federal campaign-finance data through June 30.
More

Biz interests shy from gubernatorial hopeful GreggRestricted Content

August 4, 2012
Kathleen McLaughlin
Technically, the Indiana governor’s race is wide open, but some deep-pocketed donors see Democrat John Gregg as a long shot. Gregg tripled his fundraising pace in the second quarter, but much of that was fueled by unions, rather than business groups and executives who’ve supported Democrats in the past.
More

Bennett rakes in record cash in education raceRestricted Content

July 28, 2012
Reform-minded Superintendent of Public Instruction draws contributions from across the country.
More

Mayoral race draws gifts from outside city, stateRestricted Content

October 29, 2011
Francesca Jarosz
About a third of the money that flowed to Indianapolis mayoral candidates Greg Ballard and Melina Kennedy in the most recent fundraising cycle came from donors not eligible to vote in the election.
More

Ballard, Kennedy add more than $1M in campaign funds

October 21, 2011
Francesca Jarosz
Indianapolis Mayor Greg Ballard and Democratic challenger Melina Kennedy each raised more than $1 million in the most recent seven-month reporting period and are neck-in-neck in the amount of campaign money they have on hand.
More

Education battle unleashed torrents of money in IndianaRestricted Content

August 20, 2011
J.K. Wall
Education reformers dramatically outspent opponents on lobbying, advertising and grass-roots campaigning during the past legislative session.
More

Fair trustee sues to recoup $138,580 in GOP donations

April 29, 2011
Greg Andrews
The five lawsuits filed this week do not include the biggest recipients of Tim Durham’s political largesse—campaign committees associated with Indiana Gov. Mitch Daniels and former Marion County Prosecutor Carl Brizzi.
More

Lawmaker wants Durham donations returned

August 12, 2010
 IBJ Staff and Associated Press
State Rep. Ed DeLaney of Indianapolis said Thursday that contributions of more than $800,000 by Indianapolis businessman Timothy Durham should be sent to a bankruptcy trustee for Ohio investment firm Fair Finance Co., which was forced into bankruptcy earlier this year.
More

Trustee pressing Daniels, others to return Durham's donations

August 5, 2010
J.K. Wall
Trustee Brian Bash has sent letters to politicians who he says received a total of $900,000 in funds Durham had borrowed from the coffers of Fair Finance, a now-bankrupt investment firm based in Ohio.
More
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

ADVERTISEMENT