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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  • BrookieJanuary 15, 2009 8:10 PM
    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 ?
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  • BrookieJanuary 15, 2009 8:11 PM
    The Martens are from Carmel, an affluent community where I used to live.
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  • BrookieJanuary 15, 2009 8:15 PM
    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 ?
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  • Brett in IndyJanuary 15, 2009 8:39 PM
    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.
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  • Da HooeyJanuary 16, 2009 8:25 AM
    Geist is full of D-bags like him. Carmel too.

    Have fun dealing with him HamCo, you reap what you sew.
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  • FirewomanJanuary 16, 2009 10:19 AM
    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!
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  • BoomerJanuary 16, 2009 12:05 PM
    I'm afraid that Da Hooey is looking for attention again. By the way, it's
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  • yoyoJanuary 16, 2009 2:27 PM
    If you're reaping what you sew you should probably get out of the farming gig. :)
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  • berwickguyJanuary 16, 2009 3:24 PM
    For the above mental giants, the word is sow, not sew. Jeeesh....
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  • SmittyJanuary 16, 2009 3:43 PM
    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.
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  • GreenFireJanuary 16, 2009 6:13 PM
    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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