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Ex-investors plead guilty to mortgage fraud

Two former real estate investors have pleaded guilty to federal charges that they set up straw deals to obtain inflated
mortgages on more than 100 Indianapolis houses.

Holiday World sets turnstile record

Holiday World & Splashin’ Safari amusement park in southern Indiana has set an attendance record, drawing more than 1 million visitors for the fourth year in a row.

Schrenker plans book about plane crash

An indicted Indiana money manager plans a book about an attempt to flee mounting personal problems that ended with him parachuting
from a plane that later crashed into a Florida swamp.

Shopping center vacancies continue to climb

Vacancies at U.S. shopping malls and retail strip centers have climbed to steep levels, a trend that Indianapolis-based commercial
real estate companies Simon Property Group Inc. and Kite Realty Group Trust haven’t been able to dodge.

City approves new CVS store

The Metropolitan Development Commission has given its blessing to a new CVS store along 82nd Street just east of Interstate
69.

You-review-it Monday

Did you visit with Lincoln at the IRT? Catch the ‘So You Think You Can Dance’ dancers at Conseco?

Study: Taxing services could yield state $6.8B

The non-partisan Indiana Fiscal Policy Institute this morning released a new study exploring the ramifications of expanding
the state’s sales tax to include services.

Insurers escalate criticism of health overhaul

The insurance industry sharply escalated its criticism of the Senate health care bill Sunday, charging that the legislation
would shift costs to privately insured people, raising the price of a typical policy by hundreds, if not thousands, of dollars
annually.

IU professor wins Nobel economics prize

IU professor Elinor Ostrom won the Nobel economics prize on Monday for her analyses of economic governance, becoming the first woman to win the prize since it was founded in 1968.

Underage alcohol program nabs 370 retailers

An Indiana State Excise Police initiative that uses underage customers to catch retailers selling alcohol to people under
age 21 netted more than 370 violations across Indiana in only three months.

Organizing armies of volunteers

A company has started to organize logistics for trade associations and other groups that gather for conventions in Indianapolis
and want to "give back" to the city while they’re here.

Area home sales stronger, prices still down

Home-sale agreements in the nine-county Indianapolis area ticked up in September, due in large part to first-time homebuyers
enticed by large tax breaks.

NFP of NOTE: Flanner House of Indianapolis Inc.

Flanner House of Indianapolis Inc.’s mission is to support the community on the near northwest side of Indianapolis
by providing early childhood education, senior services, employment and social services programs.

Economist: Recovery at hand, but barriers exist

Leading
indicators show that an economic recovery likely will take hold in 2010, although several challenges remain that could delay
a solid rebound from the worst recession in a generation, an economist said Friday morning at IBJ’s annual Economic Forecast.

Federal workers dodging layoffs

One of the best places to have waited out this recession was in federal government. Federal workers have pretty much gotten
a bye on pink slips at a time private sector employees have taken it on the chin.