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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.

Last-minute gift ideas

By giving tickets to A&E events, you get a sincere thank you now and another one later.

Symphony ousts maestro, reports historic budget gap

The Indianapolis Symphony Orchestra experienced a year of financial and leadership shocks, as it reported a $2.8 million
budget shortfall and abruptly dismissed Music Director Mario Venzago.

NEWSMAKER: Mel Simon was shopping mall pioneer

Mel Simon, who
died at 82 on Sept. 16, changed how America shops. He was chairman emeritus of locally
based Simon Property Group Inc., the nation’s largest owner of retail real estate.

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.

Republic flies boldly into branded-carrier business

After 36 years of flying smaller planes painted in the colors of the major airlines for which it flies under contract,
Republic Airways Holdings in 2009 became a branded airline operator of its own.

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.

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.

Lauth Group leads slide in commercial real estate

The outlook for commercial real estate development continued to worsen in 2009, as one major name faltered and other companies
scrambled to redesign their business models and capitalize on the carnage.

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.

Indiana banker meets with Obama, Geithner

Mark Schroeder, CEO of Jasper-based German American Bancorp, was one of just 12 community bankers who talked shop Tuesday
with the president and Treasury secretary.

Health care industry braces for reform

Congress is on the cusp of transforming health insurance—if it can pass a health reform bill that was losing popularity
late in the year.