Thoughts on Schrenker

January 15, 2009
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One of the themes emerging from the developing story about Marcus Schrenker is that he was driven to personal destruction at least partly by greed.

The Fishers investment manager had a history of living well beyond his means, and by the time he allegedly crashed an airplane on purpose in Florida and fled, he faced bankruptcy along with charges related to his investment management â?? not to mention a divorce.

If Schrenker is like most people who get into these kinds of problems, he probably didnâ??t initially dive in head-first.

At a personal level, where do you draw the line between the legitimate motivation to maximize investment returns and greed? What yardsticks do you watch in order to know when youâ??re nearing danger? The letter of the law, your conscience, something else?

Any other thoughts about Schrenker?
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  • What about that couple Christopher and Janice Marten, of JS Marten Jewelers, who were arrested for alleged Tax Evasion, Tax Fraud, 2 sets of books, etc. ? This happened around Oct. 23, 2008, and an entire page was devoted to their alleged crime by Steve Carter, Attorney General. Like Bernie Madoff, they are free. Almost a million dollars in Sales Tax owed ? What's up ? Hows THAT investigation ? Is GREED the motive also ?
  • The Martens are from Carmel, an affluent community where I used to live.
  • Re: Schrenker: Did you see the whole sordid mess on CBS news ? He crashes his plane, then shows up in a 2 bit motel, bleeding profusely, after faking his own death. Desperate, and devious, to the end...Is it the upbringing, or does he have great parents, and he is just a greedy, spoiled, and immature man ?
  • Marc is a phony, greedy, sociopathic former Purdue cheerleader who made money by selling 85 years olds annuities and swindling pilots he befriended out of their retirements. He also stole a former neighbors lottery winnings and sold a man in Alabama a plane that was unfit to fly after crashing it and collecting insurance on it. But he fit in perfect in his (former) Cambridge neighborhood.
  • Geist is full of D-bags like him. Carmel too.

    Have fun dealing with him HamCo, you reap what you sew.
  • The picture with his tiny blonde trophy wife and the shiny car and plane were enough to convince that this guy was a complete douchebag and both of them shallow, greedy people. Even if his wife wasn't directly involved she sure enjoyed the benefits. People like that that prey on others for their own insatiable greed make me sick. I hope they both get what they derserve! I mean, really - who takes pictures of themselves in front of their vehicles like that? It's to brag and say Look what I've got and you don't!
  • I'm afraid that Da Hooey is looking for attention again. By the way, it's
  • If you're reaping what you sew you should probably get out of the farming gig. :)
  • For the above mental giants, the word is sow, not sew. Jeeesh....
  • I'm not a religious zealot, but a good faith background usually helps people take the right fork in the road when their other yardsticks snap...I'm thankful this was followed up by a hero-pilot story yesterday.
  • Lots of national publicity spotlighting Indy lately. First the Schrenker escapade, then Lilly's largest ever corporate criminal fine. Greed rules.

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  1. Now if he'd just stay there...

  2. Daniel - what about the many US citizens who do NOT follow what the Bible teaches? The Hindus, Jews, Muslims and others who are all American citizens entitled to all rights as Americans?? This issue has NOTHING to do with "What the Bible says..." Keep all Churches separate from State! Pence's ongoing idiocy continues to make Indiana look like a backwards, homophobic state in the eyes of our nation. Can't we move on to bigger issues - like educating our kids?

  3. 1. IBJ should link to the referenced report. We are in the age of electronic media...not sharing information is lazy. Here is a link http://www.in.gov/gov/files/Blue_Ribbon_Panel_Report_July_9_2014.pdf 2. The article should provide more clarity about the make-up of this panel. The commenters are making this item out to be partisan, it does not appear the panel is partisan. Here is a list of the panel which appears to be balanced with different SME to add different perspectives http://www.in.gov/activecalendar/EventList.aspx?view=EventDetails&eventidn=138116?formation_id=189603 3. It suggests a by-pass, I do not see where this report suggests another "loop". 4. Henry, based on your kneejerk reaction, we would be better off if you moved to another state unless your post was meant as sarcasm in which case I say Well Done. 5. The article and report actually indicates need to improve rail and port infrastructure in direct contradiction to Shayla commentary. Specifically, recommendation is to consider passenger rail projects... 6. People have a voice with their elected officials. These are suggestions and do not represent "crony capitalism", etc. The report needs to be analyzed and the legislature can decide on priorities and spending. Don't like it, then vote in a new legislature but quit artificially creating issues where there are none! People need to sift through the politics and provide constructive criticism to the process rather than making uninformed comments in a public forum based on misinformation. IBJ should work harder to correct the record in these forums when blatant errors or misrepresentations are made.

  4. Joe ... Marriage is defined in the Bible ... it is mentioned in the Bible often. Marriage is not mentioned once in the US or Indiana Constitution ...

  5. Daniel - Educate me please: what does the Bible have to do with laws? If the government wasn't in the business of marriage to begin with, then it wouldn't have to "define" marriage at all. Marriage could be left as a personal, religious, or otherwise unregulated action, with no ties to taxes, legal status, etc. Then people could marry whomever they want, and all this silliness would go away. Remember to vote Libertarian in November.

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