Indianapolis Business Journal

AUGUST 15-21, 2011

This week, find out how Habitat for Humanity is responding to the housing-market crash and read about a local adventurer whose exploits reach 95 million American households. Greg Andrews' Behind the News column explores the market turmoil's possible effect on initial public offerings. And in A&E, Lou Harry shares his game finds from the annual GenCon convention.

Front PageBack to Top

Developer plans $27M project in Lockerbie

The Whitsett Group wants to build 190 affordable and market-rate apartments, 44,000 square feet of retail and office space, and more than 300 mostly underground parking spaces on a prime Lockerbie parcel.

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Top StoriesBack to Top

FocusBack to Top

1,300 Hoosiers eligible for United Financial restitution

Indiana Attorney General Greg Zoeller said more than 1,300 Hoosiers are eligible for restitution from United Financial Systems Corp. in the wake of a court ruling against the Indianapolis-based company. The company also faces at least two class-action lawsuits.

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OpinionBack to Top

EDITORIAL: Economy is weak, but this is no 2008

When the stock market plummeted on Aug. 8 and did so again two days later, many of us found ourselves having flashbacks to 2008, when every bleak day in the market seemed to be followed by another and then another.

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Young’s debt vote cost Hoosiers dearly

In his [Aug. 8 op-ed], U.S. Rep. Todd Young spins his recent irresponsible actions in delaying the increase in the debt limit as “a meaningful and responsible first step on the path back to economic health.”

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Hicks calculations wouldn’t pan out

In his [July 30] commentary, Michael Hicks suggests that the $1.6 trillion of U.S. Treasury Securities held by the Federal Reserve be wiped out (since they are debts the U.S. owes itself) and thus eliminate 11 percent of our total national debt.

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Pence would shred social safety net

Pence Haven’t we heard this song before? Congressman Mike Pence, who is running for governor, has proposed that the way to job growth is to reduce Indiana’s already anemic receipts from corporate taxes. Pence has an almost abiding, religious faith and hope in the willingness of Wall Street to create jobs and opportunity. To paraphrase […]

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Don’t overlook the rowing center

While we at the Indianapolis Rowing Center applaud Bill Benner’s [July 23 column] call for attention to the crumbling infrastructure of our city’s amateur sports facilities, we’d like to add one bright spot—the rowing center.

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In BriefBack to Top

Glick support boosts IU eye research

A $10 million research endowment at the Eugene and Marilyn Glick Eye Institute has attracted seven new researchers to the Indiana University School of Medicine’s Ophthalmology Department.

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IndyGo seeks funding traction

The Indianapolis Public Transportation Corp. has budgeted expenses of $57 million for 2012, but officials expect a revenue shortfall of $6.4 million because of drops in federal, state and local funding.

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Health care VC slows in 2011

Four Hoosier companies attracted more than $10.5 million, down from 10 companies that attracted $18.5 million during the first half of 2010.

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