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    David Bordenkecher

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Articles

No backing down: Irsay leads crusade to strengthen NFL revenue sharing

March 28, 2005

Irsay became a central figure in the NFL franchises’ small-market vs. large-market battle at the annual owners’ meetings in Hawaii March 21-23. He told reporters he isn’t sure how long his-or any-team can be competitive in a city the size of Indianapolis if large-market teams have their way with the league’s revenue-sharing formula. The Indiana General Assembly is in the midst of a fierce debate over funding for a $600 million retractable-roof stadium for the Colts, but that could be…

STATEHOUSE DISPATCH: Lawmakers struggle amid chaos, but order will come

March 21, 2005

If you’re having a tough time following the twists and turns of the political soap opera that is the 2005 Indiana General Assembly, you are not alone. Legislators find themselves so perpetually distracted by all sorts of peripheral issues and actions that Eli Lilly and Co. might want to consider a new market for its adult ADD medication. What do we mean by this legislative attention deficit disorder? Think back to December, when the first order of business seemed to…

‘Placemaking’ finds champion: CICF to invest millions into quality-of-life enhancement

March 21, 2005

Central Indiana Community Foundation is making a multiyear, multimillion-dollar commitment to help find ways to make Hoosiers’ habitat a home. The Inspiring Places initiative, which is to be unveiled to foundation stakeholders March 22-23, aims to improve the region’s quality of life by rallying around the idea that vibrant public spaces create vibrant communities. But more than warm feelings are at stake, said CICF President and CEO Brian Payne. “More and more, a city’s economic development success revolves around its…

Smoke carries economic toll: Ban backers cite health, productivity costs

March 14, 2005

The annual cost of treating the secondhand-smoke-related illnesses of Marion County residents likely exceeds $16 million, a cost borne partly by businesses that provide their employees health insurance. Businesses also shoulder harder-to-calculate costs in the form of lost productivity and absenteeism, according to a 2002 study for the Marion County Health Department believed to be the best estimate yet of the local impact of cigarettes. But backers of the proposed City-County Council ordinance that would ban smoking in Indianapolis’ bars…

Art for rent: LAMP sparks rental program: Gallery director hopes to spotlight local artists

March 14, 2005

Colorful or monochromatic, sober or whimsical, mundane or ephemeral. LAMP Fine Art Gallery Director Jennifer Kaye totes thick binders full of images of artwork espousing those qualities and just about every description in between. She hauls the binders to clients’ offices, helping them select the perfect work to hang in an office, lobby or hallway. Kaye is an artist and a gallery director, but she’s remade herself as a saleswoman for the launch of the downtown gallery’s art rental and…

Anthem, docs still skirmish: Insurer’s new pre-approval rules rankle some A rocky marriage

March 14, 2005

Anthem Blue Cross and Blue Shield just dumped a load of extra work on the office staff of the average ear, nose and throat specialist, according Dr. Thomas Whiteman. The WellPoint Inc. subsidiary now requires pre-approval for nonemergency, high-tech imaging such as MRI or CAT scans. The insurer started the new policy March 1 to curb overuse. Whiteman said the average otolaryngologist-or ear, nose and throat specialist-schedules as many as eight of these tests a day. If Anthem insures just…

BEHIND THE NEWS: Settlement struck in case pitting Marsh vs. Marsh Guidant’s big option grants

March 14, 2005

Don Marsh is fighting enough battles in the bloody grocery business without also slugging it out with his own brother. Perhaps that’s why the Marsh Supermarkets Inc. CEO has decided to settle a lawsuit filed in August by C. Alan Marsh, a former vice chairman of the company who charged he was owed some $2 million in benefits stemming from his 1998 resignation. Attorneys for both the Indianapolisbased grocery chain and C. Alan Marsh confirm they’ve reached an agreement in…

Buckner relishes role as executive: IU great recalls lessons from Knight, Bird

March 14, 2005

Quinn Buckner has always sought out strong mentors, but he didn’t have to search for his most solid role models. From Bob Knight to Larry Bird and Donnie Walsh, Buckner has surrounded himself with some of basketball’s best minds. But he credits his parents with instilling in him the leadership skills and determination that have carried him through good times and bad. “Coach Knight was a great mentor to me at an early age,” said Buckner, who played for Knight’s…

ATA chief joins list of creditors: Mikelsons’ Betaco files claim for charter helicopter lease

March 7, 2005

In what burned creditors of ATA Holdings Corp. might savor as a sky-high irony, the chairman of the bankrupt airline himself is holding out his creditors’ cup. George Mikelsons says the parent of ATA Airlines Inc. owes him $179,064 for a helicopter he leased the carrier through his Betaco Inc. firm. His claim was filed Feb. 11 in ATA’s bankruptcy reorganization in U.S. District Bankruptcy Court for the Southern District of Indiana. It’s one of many unusual claims that have…

Auction company packing up Winona: Closed hospital has potential buyer, attorney tells court Getting organized

March 7, 2005

“That’s to keep the spirits away, make ’em happy,” Brian Hayes explained as he turned past the blaring radio. Auctioneers and the occasional unexplained phenomenon have taken over Winona, as the closed hospital nears an April auction date for its remaining equipment. Hayes, of San Francisco-based Rabin Worldwide Inc., has piled up seven-day workweeks since early February cataloging and organizing the defunct hospital’s assets. All that work may go for naught, however, if the auction proposal dies in bankruptcy court…

Indiana Restoration Services Inc.: Disasters send firm into action Restoration helps get homes, businesses back to normal Disasters-natural and otherwise-can strike at any moment. Floods, fires, tornadoes, even backed-up sewers and broken water pipes can

March 7, 2005

Disasters-natural and otherwise-can strike at any moment. Floods, fires, tornadoes, even backed-up sewers and broken water pipes can wreak havoc on homes and businesses. Dealing with the aftermath-waterlogged furnishings, mold, structural damage and other devastation-is what Indiana Restoration Services does 24 hours a day, seven days a week. Co-owners Dan Hanlin and Darren Peck didn’t start out with a detailed business plan to run a disaster-recovery business with $3 million plus in annual revenue. “We got into the business by…

STATEHOUSE DISPATCH: At half-time in the Statehouse, it’s politics 1, people 0

March 7, 2005

This column is typically devoted to the intersection of politics, government and business (with an occasional tortured sports analogy tossed in). We don’t usually address the higher order of the universe, but after last week, we find that we must delve into the field of metaphysics to provide you with some perspective on legislative events. March 1 marked the halfway point in the 2005 session of the Indiana General Assembly. But with more than 130 bills dying for lack of…

NOTIONS Learning to lead by walking away from the game: Bruce Hetrick

March 7, 2005

There’s supposed to be an 800-word column in this space. We face important issues, after all, and you look to the author to help mold your opinion, move you to tears or, more likely, make you mad as hell. (Besides, you paid good money for this newspaper and you’re entitled to some valuable fodder for your next water cooler conversation or, at minimum, your recycling bin.) But your favorite columnist, whose job is to make connections between seemingly disparate notions,…

As leaders argue, local crime rises: Inner-city residents fear police consolidation, but city says it can’t afford current structure

March 7, 2005

Despite Mayor Bart Peterson’s addition of 200 cops in 2000-which gave IPD the strength to try community, or preventive, policing-crime jumped 11 percent over the last two years. Between them, the Indianapolis Police Department and the Marion County Sheriff’s Department responded to 5,487 more offenses last year than in 2002. Unless new money is found, Peterson has repeatedly warned, the cash-strapped city soon will be forced to fire IPD officers. Marion County Sheriff Frank Anderson already struggles to fight suburban…

Alliance seeks to grow survey: Employers coalition wants companies to get more information about insurers

February 28, 2005

An employer’s coalition has launched a plan to expand what Indiana companies know about the health care insurance they buy for their workers. Earlier this month, the Indiana Employers Quality Health Alliance mailed invitations to several insurers asking them to participate in their 2005 eValue8 performance assessment. The concept is nothing new. However, this year, alliance President Dr. Ned Lamkin hopes more insurers respond and their ensuing report reaches a wider audience of employers, right before they choose their health…

INVESTING: Big investors make Time Warner, Comcast look good

February 28, 2005

Two weeks ago, I was talking to one of my analysts and he brought up a couple of stocks he thought could be really interesting over the next 12 months. Remember, I am a technician and not a fundamental analyst, and the analysts I trust are all technical guys. He said these two stocks showed solid bottoming formations on their charts in the fall, which could lead to solid gains in the next year. When he mentioned the names, I…

EYE ON THE PIE: Cities and counties need autonomy

February 28, 2005

A recent week took me to Anderson, Columbus, Sullivan, Terre Haute, Crawfordsville and Merrillville. Here are a few observations: Terre Haute’s Chamber of Commerce proudly proclaims that Vigo County is collecting income taxes from Sullivan County residents who work in Vigo County. At the same time, the Sullivan County Council cannot decide if it wants to collect those taxes for itself. The Chamber rightly declares that such funds are helping Vigo County’s economic development. The Sullivan County Council doesn’t seem…

Mortgage industry waking up to fraud: Collaboration increasing to combat illegal schemes Flipped out

February 28, 2005

When the U.S. Attorney’s Office in late January announced a 101-count indictment in a mortgage fraud scheme, it closed a year-long investigation into a ring that involved 10 people and 43 houses in Indianapolis, Marion and Fairmount. For the individuals involved, the indictments could bring prison time and hefty fines. But for the bank that loaned money on the houses, the scheme signaled the end of the road. The lender, Louisville-based First Bank Inc., struggled during 2003 and 2004 to…

VIEWPOINT: Get ready for big-time public art

February 28, 2005

As president of Central Indiana Community Foundation, I get challenged by a lot of people who have a lot of questions. “Why can’t we have some of the cool stuff other cities have, like major public art?” a CEO of a public company asked me the other day. This time I was pleased to be able to answer not only that we can, but that we will. The Indianapolis Cultural Development Commission, with generous support from the Deborah Joy Simon…

Bill keeps mandate debate swirling: Biz community favors stripped-down option

February 28, 2005

Small-business owner Gail Piltz, who is paying 31 percent more this year than he did a year ago to insure himself and his four employees, has a somewhat radical philosophy regarding health care insurance. His suggestion: Everyone should be responsible for his or her own health care plan, just like they are with their automobile and homeowner’s insurance. That way, he said, people might abuse the system less and make coverage more affordable. Piltz’s proposition has failed to gain traction…

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