KIM: Shutdown highlights urgent need for ‘uncertainty fund’
We all need to realize nobody is immune to a sudden job loss or other income interruption.
financial crisis
Articles
OneAmerica sailed through financial crisis but still learned lessons
An analysis by OneAmerica of 32 major life insurers found that it was the only one that realized a gain on its investment portfolio from 2008-2010.
KIM: More skin in game may have prevented Lehman Brothers’ collapse
The Federal Reserve Bank of New York has stated that “misaligned incentives contributed greatly to the financial crisis.”
Cash woes vex teams in IndyCar
A new lawsuit that claims Andretti Autosport—one of the IndyCar Series’ biggest teams—is on the brink of insolvency has many questioning the viability of the open-wheel series itself.
Skarbeck: Stock market investors fare well in the long run
Steadfast investors are seeing new highs as the market indexes are now some 20 percent above the high reached in 2007 before the credit crisis.
Banks beckon wary millennials
Institutions have uphill climb to build trust with generation scarred by financial crisis.
Families hoard cash five years after financial crisis
One of the biggest drags on the economic recovery is fear. Households are hoarding cash, spending cautiously, avoiding debt, and shifting investments into low-yield (but potentially safer) holdings. When done on a global scale, such prudent moves can starve the economy.
Lessons unlearned, a correction is ahead
The problems that led to the real estate and financial meltdown have not been fixed, and we are less than a generation away from repeating the mistakes.
STOSSEL: Politicians fiddle while fiscal crisis looms
We must cut. But I fear Americans aren’t up for that.
DOUTHAT: We’ve achieved an arrogant meritocracy
The last 10 years, we’ve watched this same elite lead us off a cliff—mostly by being too smart for its own good.
Prime business events making a comeback in Indianapolis
Room rates are on the rise after a three-year lull.
Bill would allow state takeover of troubled cities
Local governments in Indiana could ask for a state takeover to fix financial troubles instead of declaring bankruptcy under a bill advancing in the Legislature.
SKARBECK: Big banks still face issues over soured mortgages
The U.S. banking system continues on its path toward healing—with many thanks to the ongoing generosity of U.S. taxpayers.
Indiana-based mutual funds stage comeback
Funds ride resurgent market after taking a beating in the financial crisis.
Sale of 118-year-old bank symptom of tough times
A sale is suddenly more appealing to Monroe Bancorp and other financial institutions that used to be fiercely independent.
Indianapolis banker sees progress, challenges at ailing Integra
Mike Alley, perhaps more than any other banker in the state, is experiencing the pain the economic crisis has wrought on the nation’s financial institutions.
MORRIS: Not all economic news is bad news
If we listen too much to the financial channels, it will make us want to bury our money in a hole in the yard and get a Rottweiler to guard it.
New venture capital firm off to blazingly fast start
Cultivian Ventures began investing in a no-man's land just as the financial crisis ramped up, and now it's already considering a second fund.
Feds take over $20M Irwin pension shortfall
The Pension Benefit Guaranty Corp. estimates Irwin Financial Corp.’s pension plan is 56 percent funded, with assets of $26.7 million
to cover $47.2 million in benefit liabilities.
SKARBECK: Why do Fannie, Freddie deserve a free pass?
One crisis that continues to simmer under the public radar is the endless taxpayer support needed to prop up Fannie Mae and Freddie Mac.