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Investor makes case against Conseco’s board Shareholder advisory firm sides with critic seeking seat An activist shareholder vying to become a director of Conseco Inc. says the insurance company’s board “completely misjudged” the risks it faced when it emerged from bankruptcy in 2003 and hasn’t recovered since. Now an independent shareholder advisory firm is siding […]
In the big picture of Indianapolis, we should never
forget that the Speedway and its events—the Indy 500 in particular—remain the 800-pound gorilla in our little corner of the
world.
Commentary Oh captain, my captain, where art thou? Someone once told me it’s easy to run an organization when times are good. It’s when times are tough that things get difficult. Well, we’re definitely there. Nowhere is it more evident than at the Indiana Statehouse, where the 2009 General Assembly spent four months hammering away […]
An AmeriCorps leadership program influenced by Michelle Obama’s work in Chicago is headed for Indianapolis. The program, called
Public Allies, would allow not-for-profit organizations to hire local young people, ages 18 to 30, for
full-time apprenticeships.
Venture firms seek help to spur IPOs Venture capitalists are urging regulators to make it easier for startups to go public by reforming post-Enron corporate-governance rules, a bid to end the worst initial public offering slump in decades. The Securities and Exchange Commission should review regulations, including pre-IPO financial reporting requirements, as well as rules […]
INVESTING Growing government likely to keep bull at bay I want to make a new friend in Washington. I would like to believe the Environmental Protection Agency can be that friend. All I need to do is get the folks there to like me, then convince them it’s the economic environment they need to protect […]
A trade group for the state’s telephone companies is wringing its hands over budding efforts of electric companies to offer
so-called smart grids to better monitor and manage electric distribution.
BANKRUPTCIES Redbud Consulting Inc., 9707 Castle Woods Cove, 46280. Chapter 7 liquidation. Assets: $50; liabilities: $331,270.
Embracing risk key to revival Executives shouldn’t become timid Risk has a bad name these days, for understandable reasons. In recent years, many corporate executives managed as if the boom times never would end, along the way ratcheting up debt to unfathomable levels. Many bankers, meanwhile, doled out loans to the lowliest of borrowers, and […]
Fifth Third Bank is one of several lenders supporting a comprehensive resource for homeowners at risk of foreclosure. The
bank recently made a $10,000 gift to the Indiana Housing and Community Development Authority, a quasi-public agency.
Here’s more evidence we’re in strange times: Indianapolis’ real estate investment trusts have been issuing hundreds of millions
of dollars of stock at woefully low prices—and getting a pat on the back from their shareholders for doing so.
WTHR’s reign faces new test Slumping NBC could drag down Channel 13 Early ratings from the allimportant May sweeps suggest WTHR-TV Channel 13’s 15-year reign as king of local television news is secure for now. But the big test will come this fall when NBC’s weakening prime-time lineup is expected to put the ratings crown […]
Heaven’s floodgates open Fledgling angel group finding more investments than expected. 17
NOTIONS Whole-hog health scare: A deadly double standard The planet is all agog over swine flu. We’re not supposed to call it swine flu. We’re supposed to call it H1N1. That way, the hogs and pigs won’t get upset and U.S. pork sales won’t decline any further. And besides, the disease isn’t transmitted through swine, […]
To hold Carmel up as a healthy community is to turn a blind
eye to the mountain of debt run up by that city’s mayor. Healthy communities provide the fundamental necessities in a balanced
way that does not put undue burden on those who live in that "time and space."
Back when the automakers were on a roll, Powerway Inc. looked so promising that a public offering seemed around the bend.
Now Powerway itself is gone—at least in name.
With a fading classic car painted on the side of the building, Rock Cola 50’s Cafe looks a lot older than its 16 years. But
that’s the idea.
Lauth looks for quick cash Once-powerful developer needs financing, real-estate recovery to emerge from bankruptcy The 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through a Chapter 11 reorganization and if the real estate market doesn’t take too long to turn around, experts […]
