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. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

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