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Lugar considering think tank, university positions

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Indiana Sen. Richard Lugar is planning to take a job outside government when he leaves the Senate in January.

A spokesman for Lugar says the senator has been talking with some think tanks and universities about positions taking advantage of his long tenure as a leading member of the Senate's Foreign Relations Committee.

The Republican senator has been mentioned as a possible secretary of state or CIA director under President Barack Obama, but Lugar spokesman Andy Fisher told Indianapolis radio station WIBC-FM that such reports are "without any forethought or knowledge."

The 80-year-old Lugar was first elected to the Senate in 1976 but lost his bid for a seventh term when he lost in the Republican primary in May. Democrat Joe Donnelly will replace Lugar in the Senate.

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  • Lugar for Secretary of State
    He is the equivalent of a rock star in foreign affairs. Lugar would make it difficult for Republicans to attack Obama on foreign affairs if Lugar were Secretary of State. The Wise Man of the Senate would easily be confirmed and would make a great Secretary of State, a position he supposedly turned down in the past to serve the citizens of Indiana in the US Senate.

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  1. PJ - Mall operators like Simon, and most developers/ land owners, establish individual legal entities for each property to avoid having a problem location sink the ship, or simply structure the note to exclude anything but the property acting as collateral. Usually both. The big banks that lend are big boys that know the risks and aren't mad at Simon for forking over the deed and walking away.

  2. Do any of the East side residence think that Macy, JC Penny's and the other national tenants would have letft the mall if they were making money?? I have read several post about how Simon neglected the property but it sounds like the Eastsiders stopped shopping at the mall even when it was full with all of the national retailers that you want to come back to the mall. I used to work at the Dick's at Washington Square and I know for a fact it's the worst performing Dick's in the Indianapolis market. You better start shopping there before it closes also.

  3. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  4. If you only knew....

  5. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

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