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JOHN KETZENBERGER Commentary: Time is ripe to heal racing rift

June 6, 2005

Roger Penske strode alone through Gasoline Alley 90 minutes before this year’s Indy 500. With 13 wins at the Indianapolis Motor Speedway, The Captain certainly knows how to get his drivers around the famed Brickyard. In the next line of garages, a crowd of race fans and media gathered before doors numbered 12, 13, 14 and 15 where Rahal Letterman was encamped. Rookie phenom Danica Patrick arrived on a golf cart and disappeared quickly into the relative calm before the…

SPORTS: No checkered flag for IRL, but it’s leading the race

June 6, 2005

The Indianapolis 500 is back, so we are told and at least we should hope. While television ratings didn’t blow through the roof, they at least climbed out of the basement by posting a 40-percent increase and putting in the rear-view mirrors that evil NASCAR event later in the day. Officials proclaimed with pride that the Indianapolis Motor Speedway was “almost a sellout” for the big race, which, not that many years ago, would have been an indictment, not a…

MSA condos co-developer calls it quits: CTE 2nd partner to abandon $140M project; remaining firms expect new designs in June

May 30, 2005

With a deadline looming for a redesign of Market Square Towers, another of the project’s developers has pulled out and has filed a claim on the property for $3.2 million it says it’s owed by Market Square Partners. Chicago-based Consoer Townsend Envirodyne Engineering Inc. filed the lien April 8 to secure its claim on money the company said it spent on design and engineering services and other preliminary project work. CTE, whose representatives once served as the public face of…

Up to the challenge: Stadium project leader has been here before

May 30, 2005

John Klipsch didn’t necessarily set out to take control of one of the largest public-works projects in Indianapolis history, but he prepared for it nonetheless. “My degree is in counseling,” he said with a wry smile. “This is how my career has evolved over the years.” So here he is, two months before work is scheduled to begin on a $900 million stadium construction and convention center expansion project, relying on his professional experience and personal dedication to get the…

SPORTS: ‘Slow’ ride ’round oval makes your heart race

May 30, 2005

One of my favorite jokes goes like this: In the forest one day, two turtles were involved in a head-on collision. The only witness was a snail. When the forest police arrived to investigate the accident, they asked the snail to describe what he had seen. “I can’t,” said the snail. “It all happened too fast.” Speed is a relative thing. And, like the snail, that’s my challenge in recounting my recent experience at the Indianapolis Motor Speedway, which involved…

Laptop batteries: Here’s how to maximize stamina RETURN ON TECHNOLOGY Tim Altom: Laptop batteries: Here’s how to maximize stamina

May 30, 2005

RETURN ON TECHNOLOGY Laptop batteries: Here’s how to maximize stamina The laptop computer has made battery groupies of us all. For something so humble and unobtrusive, the laptop battery commands outsized attention. We calculate whether we need to bring AC power adapters to meetings, based on how long a battery will last. We figure how much work we can get done on planes, based on how long the battery will last. Then, when we can’t charge them up anymore, the…

A quiet force: King helped revitalize city behind scenes

May 30, 2005

Coming of age in the 1950s, Tom King thought he’d make a pretty good engineer. “I grew up during what I call the ‘Sputnik Era’. Anybody who was a halfway decent student was going to be an engineer,” says the newly retired president of the Lilly Foundation. “When I saw what engineers did, I discovered I wouldn’t make a very good one.” Instead, King found himself a niche constructing some of the most complex local economic development projects of the…

A business-friendly approach: New insurance boss hopes to speed approval process, attract firms to state

May 30, 2005

Jim Atterholt may not have been the governor’s top choice to lead the Indiana Department of Insurance. But the former state representative who has dedicated his career to public service is no consolation pick, either. Those who know the 43-year-old Atterholt say his calm demeanor and his sharp people skills should serve him well in his new role as an administrator. He took the helm as commissioner Feb. 22, about a month after Harold Calloway declined the appointment. Atterholt since…

Finances another obstacle for Rose: University’s money problems predate controversial leader

May 23, 2005

In Terre Haute, his management style has come across like a bull in a china shop. Rose-Hulman Institute of Technology’s faculty and students voted “no confidence” in his abilities. The university’s staff will soon take a vote of its own, and an upcoming trustee meeting will likely address the matter. But as the tide of opinion turned against Rose-Hulman President Jack Midgley, detractors stopped asking a fundamentally important question: Could Midgley be right about the need for change? Last September,…

SPORTS Bill Benner: IRL vision falls short for driver on outside looking in

May 23, 2005

This will be the 10th Indianapolis 500 since the split-or chasm, or Grand Canyon-wide divide-in American open-wheel racing, and there is no question that the Indy Racing League and CART/Champ Car continue to suck the exhaust fumes of NASCAR. They lag well behind the taxi-cab series in crowds, television ratings, media coverage and corporate support. Why the knuckleheads who rule both open-wheel circuits stubbornly continue to go their own way is way beyond me, but I suspect the reason can…

Foyt’s tough transition: Legendary driver struggles as racing owner

May 23, 2005

Foyt with a wrench. It’s an iconic image dating back to the 1960s, when the brash, hott e m p e r e d racer started forging his image as one of the world’s best drivers. A wrench gripped by Foyt’s rugged hands is still the image that best characterizes the legendary Texan. But in an era of high-tech diagnostics and sponsor-driven economics, it’s no longer a winning image. “There are certain athletes, racing drivers and personalities that have unusual…

BULLS & BEARS: Sarbanes-Oxley leads to small-company delistings

May 9, 2005

While many view an initial public offering of stock the mark of a fast-growing company, a stark contrast has begun to emerge. There has been a marked increase in the number of small, publicly traded companies voluntarily opting to remove their shares from the markets. The main reason expressed for doing this is the financial burden associated with complying with the Sarbanes-Oxley Act of 2002. The new regulations mean increased expense in audit and legal fees. The requirements consume company…

Rose-Hulman aims for education, not incubation: Michigan-based EDF Ventures takes lead of Indiana Future Fund-backed partnership REI Ventures

May 9, 2005

The name is unchanged, but under Jack Midgley education comes first at Rose-Hulman Ventures. Business incubation is a distant second. And speculation on high-tech startups is outside the university’s core mission. “The function of Ventures is education, because the function of Rose-Hulman is the education of engineers,” said Midgley, Rose-Hulman Institute of Technology’s embattled president. “Ventures is not a separate entity. It’s part of the undergraduate program at Rose-Hulman, like the math department or the mechanical engineering department.” Named president…

New CEO’s ‘crash diet’ tones up ailing bank: After cutting its expenses, Old National plans to grow in central Indiana markets

May 2, 2005

Now it’s time for Old National to block and tackle. “Bob Jones has set forth a plan that makes good, sound fundamental sense. Now it becomes about execution,” said Joe Stieven, equity analyst with St. Louis-based Stifel Nicolaus & Co. Inc. “Execution in banking is actually no different than in football. Your line has to do a lot of the work, and a lot of that work appears mundane and boring.” Formerly the CEO of Cleveland-based KeyCorp’s McDonald Investments Inc.,…

‘Blue-eyed soul brother’: Radio One’s new GM out to prove race doesn’t matter

May 2, 2005

“I think it had been so long since one of the doors had been opened, no one knew how to open it,” Williams said with a laugh from his office on the north side of downtown. Since that initial learning curve was conquered, the doors haven’t closed. “When Chuck opened those double doors, I was taken aback,” said Amos Brown, director of strategic research and one of the most well-known personalities at Radio One. “I thought, ‘Wow, something here is…

An unemployment riddle defies logical explanation ECONOMIC ANALYSIS Patrick Barkey:

May 2, 2005

You may not believe it, but the data tell us it is true. Indiana is leading the Midwest in job growth. In fact, through the last 14 months, the state’s employers have kept up with the national economy in net job creation, while Illinois, Ohio, and Michigan have seen their job totals remain stubbornly stagnant. But just as we are getting out the party hats to celebrate, along comes news of an entirely different tone on unemployment rates. The process…

Accepting a Grand Challenge: Jones’ robotic startup aims at military market

May 2, 2005

Within the next 10 years, the U.S. Department of Defense hopes to fully automate a third of its ground vehicles. Indianapolis-based high-tech entrepreneur Scott Jones has plans to one day sell the robot pilots the military needs to accomplish that mission. But before he can build a business capable of attracting serious venture capital, he has to build a robot that can drive a Jeep Rubicon across 175 miles of the Mojave Desert in less than 10 hours. And he…

Hilbert defeated on life policies: Conseco had purchased $87.5M in coverage in ’98

May 2, 2005

Seven years ago, Conseco Inc. purchased $87.5 million in life insurance coverage for company founder Stephen Hilbert and his wife, a move that seemed to assure vast wealth would pass on to the Hilbert family after their deaths. But in a new ruling, Chicago bankruptcy Judge Carol Doyle said Conseco’s obligation to provide coverage terminated when the company filed for Chapter 11 protection in December 2002. As a result, she ruled, Hilbert family trusts, which had filed millions of dollars…

BEHIND THE NEWS: Brothers who built ticket broker now battling

May 2, 2005

The Kinnett brothers formed Front Row Tickets Inc. 16 years ago, and together they built it into one of the city’s largest ticket brokerages. That success, how- fueled acrimony. Kyle ever, now has Kinnett, 35, has sued his 50-50 partner Scott, 36, and is asking a judge to appoint a receiver to oversee the business until it’s sold. “Serious differences have arisen between Kyle and Scott concerning the conduct and management of the business,” leaving them deadlocked, according to the…

Plumber contrives kid-friendly bathroom: Safety and cleanliness issues motivate father to market concept

April 25, 2005

Toilet training can be one of the most trying times of childhood for toddlers, and child-rearing for parents. But one local plumber’s concept could make the chore easier, if mom and dad are willing to make the investment. David Heffner, who has operated Heffner & Associates LLC from his west-side home since 2001, has developed the Child Friendly Bathroom. He’s had the name trademarked and is beginning to market the high-tech features to customers with kids. Inspired by his 7-…

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People

David Bordenkecher

Articles

JOHN KETZENBERGER Commentary: Time is ripe to heal racing rift

SPORTS: No checkered flag for IRL, but it’s leading the race

MSA condos co-developer calls it quits: CTE 2nd partner to abandon $140M project; remaining firms expect new designs in June

Up to the challenge: Stadium project leader has been here before

SPORTS: ‘Slow’ ride ’round oval makes your heart race

Laptop batteries: Here’s how to maximize stamina RETURN ON TECHNOLOGY Tim Altom: Laptop batteries: Here’s how to maximize stamina

A quiet force: King helped revitalize city behind scenes

A business-friendly approach: New insurance boss hopes to speed approval process, attract firms to state

Finances another obstacle for Rose: University’s money problems predate controversial leader

SPORTS Bill Benner: IRL vision falls short for driver on outside looking in

Foyt’s tough transition: Legendary driver struggles as racing owner

BULLS & BEARS: Sarbanes-Oxley leads to small-company delistings

Rose-Hulman aims for education, not incubation: Michigan-based EDF Ventures takes lead of Indiana Future Fund-backed partnership REI Ventures

New CEO’s ‘crash diet’ tones up ailing bank: After cutting its expenses, Old National plans to grow in central Indiana markets

‘Blue-eyed soul brother’: Radio One’s new GM out to prove race doesn’t matter

An unemployment riddle defies logical explanation ECONOMIC ANALYSIS Patrick Barkey:

Accepting a Grand Challenge: Jones’ robotic startup aims at military market

Hilbert defeated on life policies: Conseco had purchased $87.5M in coverage in ’98

BEHIND THE NEWS: Brothers who built ticket broker now battling

Plumber contrives kid-friendly bathroom: Safety and cleanliness issues motivate father to market concept