Indianapolis Business Journal

DEC. 28, 2009-JAN. 3, 2010

This week, recap the last 12 months with IBJ's 2009 Year in Review, from the top stories and newsmakers to our favorite photos. And don't forget to play our annual game and Mickey Maurer's word puzzle. In A&E, etc., Lou Harry shares his favorites from 2009. And Bill Benner and Bruce Hetrick reflect on the decade that's coming to a close.

Front PageBack to Top

Top StoriesBack to Top

CIB financial situation improving

The past year has been mighty unkind to the Capital Improvement Board, the entity charged with operating the city’s
professional sports venues and Indiana Convention Center.

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Newly opened racinos already face credit crunch

Clear signs emerged in 2009 that the Hoosier gambling market is oversaturated.
Major credit rating agencies expressed concerns that several casinos, including the state’s new horse track “racinos”
on the outskirts of Indianapolis, might go bust before the year was finished.

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Housing meltdown claims at least one homebuilder

Two more local homebuilders fell victim in 2009 to the prolonged meltdown of the housing market. Carmel-based
C.P. Morgan Communities LP closed in February, and Indianapolis-based Hansen & Horn Group Inc. is teetering on the edge
of bankruptcy.

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NEWSMAKER: Lathrop named new CIB chief

Ann Lathrop is the new CEO of the Marion County Capital Improvement Board, which oversees the Indiana
Convention Center, Conseco Fieldhouse and Lucas Oil Stadium in Indianapolis.

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NEWSMAKER: Myles Brand led NCAA reforms

President Myles Brand died after a battle with pancreatic cancer. He is remembered for firing Indiana University basketball
coach Bob Knight, but he later became hailed as a reformer as head of the NCAA.

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OpinionBack to Top

EDITORIAL: IndyTalks gives the public a civil way to speak up

There’s no shortage of opinions about what our city and state need to do to prosper in the 21st century. But much
of what comes across is screamed in blogs or in stinging press releases issued by political parties whose only purpose is
to paint the opposition as out of touch.

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MAURER: How many words can you find?

As is the custom of the last few holiday seasons, I am pleased to present a puzzle. This year’s challenge, 3-D Word
Hunt, is derived from a format conceived by Will Shortz, puzzle editor of The New York Times.

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SKARBECK: What we need is a tax on stock transactions

The word “tax” tends to immediately raise the blood pressure of most Americans. And while the purpose of most
taxes is to raise revenue for the assessing government body, taxes can also be targeted toward changing individual and corporate

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HICKS: Reducing deficit imperative for national prosperity

The end of this decade is as good a time as any to reflect upon what has passed. We’ve had wars, two recessions,
three presidents, five Congresses and 10 Bowl Championship Series teams. Our population has risen, employment has risen, and
personal income has risen. The average American family is healthier, wealthier and, ideally, wiser. However, to listen to political rhetoric today, you’d think we’ve been living in the darkest
of ages.

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Editorial on Durham was worth posting

Thanks for your [editorial] in [the Dec. 7] IBJ. I really appreciated the comparison [between businessmen Tim Durham and Jim Dodson] and plan to reference this
article (now hanging in my office) as a reality check.

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In BriefBack to Top

PROXY CORNER: Duke Realty Corp.

Duke Realty Corp. is a real estate investment trust that develops, manages and owns industrial, office and retail properties across the Midwest and Southeast.

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