People

People in the news - Aug. 14, 2014

August 23, 2014
 IBJ Staff
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People in the news - Aug. 11, 2014

August 9, 2014
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People in the news - Aug. 4, 2014

August 2, 2014
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People in the news - July 28, 2014

July 26, 2014
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People in the news - July 21, 2014

July 19, 2014
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People in the news - July 14, 2014

July 12, 2014
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People in the news - July 7, 2014

July 5, 2014
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People in the news - June 30, 2014

June 28, 2014
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People in the news - June 23, 2014

June 21, 2014
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People in the news - June 16, 2014

June 14, 2014
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People in the news - June 9, 2014

June 7, 2014
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People in the news - June 2, 2014

May 31, 2014
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People in the news - May 26, 2014

May 24, 2014
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People in the news - May 19, 2014

May 17, 2014
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People in the news - May 12, 2014

May 10, 2014
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People in the news - May 5, 2014

May 3, 2014
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People in the news - April 28, 2014

April 26, 2014
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People in the news - April 21, 2014

April 19, 2014
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People in the news - April 14, 2014

April 12, 2014
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People in the news - April 7, 2014

April 5, 2014
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People in the news - March 31, 2014

March 29, 2014
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People in the news - March 24, 2014

March 22, 2014
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People - March 17, 2014

March 15, 2014
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People in the news - March 10, 2014

March 8, 2014
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People in the news - March 3, 2014

March 1, 2014
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  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

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