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Records – April 29, 2013

April 25, 2013

Records listings from the April 29, 2013, issue of IBJ.

Venture capital favoring later-stage firms

April 25, 2013

Getting $50,000—often from friends and relatives—to develop a product and set up a company still is easy enough in Indiana, small-business leaders and venture capitalists say. But once a firm needs a few million dollars to grow into a revenue-generating operation, the area can’t compete with Silicon Valley’s magnetism for venture capital.

FEIGENBAUM: Legislative session notable for minimal acrimony

April 25, 2013

When partisanship did rear its head—Indianapolis Democrats charged a GOP “power grab” in negotiations over changes in Marion County government structure—it was not disruptive.

Foreign aid is important

April 25, 2013

In light of the sequestration, it is crucial that the government realizes the importance of foreign aid spending and its impact on the economy.

Transit should support itself

April 25, 2013

Who wouldn’t want a transit system that saved them $8,000 while someone else paid the bills [Updike Viewpoint, April 15]?

Ridership won’t cover cost of mass transit

April 25, 2013

Responding to the [April 15] millennial view Jordan Updike has of transit, I appreciate his passion for mass transit, and I would echo that passion in the negative.

Feds scrutinize nursing home buying spree

April 25, 2013

Indiana’s county-owned hospitals have rushed to acquire nursing homes in the past two years, opening a revenue stream for both the hospitals and the long-term-care facilities. But the additional federal revenue that has driven these purchases could come under threat.

BIRGE: Building a state of innovation

April 25, 2013

Are entrepreneurs born or made? As a corporate finance attorney who spends most of his waking hours with leaders of high-growth businesses, I’ve observed that entrepreneurs have certain shared traits: ambition, dynamism, curiosity and confidence.

RUSTHOVEN: Praise for one of the good guys

April 25, 2013

This weekend finds me in D.C. cheering my Reagan White House boss, Fred Fielding, on receiving the National Republican Lawyers Association’s Ed Meese Award for upholding the rule of law in the face of political adversity. No one could be more deserving.

MAURER: Reuben didn’t forget when Rivi turned him away

April 25, 2013

My friend settled an old score with the once-racist swim club, but scars remain more than 50 years later.

EDITORIAL: Cricket flap exposes flaw

April 25, 2013

Mayor Greg Ballard’s fascination with the cultures of other countries is one of his endearing qualities.

Fair Finance investors still empty-handed as trustee plows on

April 25, 2013

Many of the defendants pursued by Brian Bash and his team have few, if any, assets. And those that do have the wherewithal to fight litigation for years.

Channel 8, Channel 13 newscasts get kudos

April 25, 2013

Channel 8 was honored by the Radio Television Digital News Association for overall excellence and for its website. Channel 13 won the association's “best newscast” for the Feb. 4 newscast last year, shot in the midst of the Super Bowl crowd in Indianapolis.

Former Deloitte leader joins Krieg DeVault firm

April 25, 2013

Michael Becher, a longtime managing partner of Deloitte LLP’s Indianapolis office, has joined the Krieg DeVault LLP law firm as an adviser.

PROXY CORNER: Kite Realty Group Trust

April 25, 2013

Indianapolis-based Kite Realty Group Trust engages in the development, construction, acquisition, ownership and operation of shopping centers in the United States.

Councilors poised to ban criminal-history question

April 25, 2013

Democratic City-County Councilor Vop Osili said he expects to draft a “ban the box” ordinance this spring or summer.

Ownership snarl resolved, Illinois Building on block

April 25, 2013

An affiliate of locally based HDG Mansur has owned the 10-story building at Illinois and Market streets since the 1980s. It’s sat empty for 10 years, thanks in large part to separate ownership of the building and the land—an arrangement once common among downtown buildings.

Kim: Does the collapse of gold mark the end of an era?

April 25, 2013

Gold serves as a “fear index,” measuring investors’ level of fear and anxiety. Investors view gold as a store of wealth offering protection from inflation, credit defaults and economic Armageddon. Gold soared from $300 per ounce in September 2001 to $1,900 per ounce in September 2011. That’s no coincidence. September 2001 was marked by the […]

Hicks: Fiscal prudence should be rewarded by tax cuts

April 25, 2013

Indiana enjoys what economists call a “structural surplus” in state tax revenue. This means the several-hundred-million-dollar surplus is a permanent affair when viewed against current expenditures. It would be astonishing if this did not lead to calls for a tax cut, and so it has.

Escape artist Bill Shirk can’t escape the allure of broadcasting

April 25, 2013

Escape artist Bill Shirk has retired his straitjacket, but remains active in radio broadcasting. His firm, Hoosier Broadcasting, in recent years bought a handful of radio stations on the Hawaiian islands and Shirk owns and is investing more money in a Boone County radio station.

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