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Activist shareholder makes case against Conseco’s board
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 with him.
Franklin ban snuffs out smoking
Tavern owners in Franklin will mothball their ashtrays next month following the passage of a smoking ban May 4. City councilors
voted 6-1 to make the ban one of the most restrictive in the state.
You-review-it Monday
For me, it was a weekend primarily focused on dance–but since that dance was the recital for Village Dance Studio, where my daughter is a ten-year vet, don’t expect a review from me.
But I will say that the army of…
Indiana auto-parts factories lay off 300-plus-WEB ONLY
More than 300 people are being laid off from two northern Indiana auto-parts factories because of production cutbacks by U.S. automakers. Guardian Industries Corp. plans about 130 layoffs at its car-window plant in Ligonier, while Advanced Assembly LLC of Columbia City has laid off 200 people from its seat systems factory. Auburn Hills, Mich.-based Guardian […]
In Depth Article Placeholder
Ma quande lingues coalesce, t va semblar un simplificat Angles, quam un skeptic Cambridge amico dit me que Occidental es.
SPORTS: The Speedway is still our 800-pound gorilla-WEB ONLY
Will Higgins, an excellent wordsmith for The Indianapolis Star, was kind enough to include me in interviews he did in preparation for a story about the Indianapolis Motor Speedway’s Centennial and the track’s enormous impact on Indianapolis. He included a couple of my quotes in his story. It was another one of those “you-know-you’re-getting-old-when” moments […]
EYE ON THE PIE: Author’s work may go unfinished-WEB ONLY
“How is your unwritten book coming along?” Myra Mariachi asks. “How do you know I have an unwritten book?” I respond. “Because you’re the type of person who might write a book but not the type who is writing a book,” Myra says. “A genuine author is secluded for hours at a time, doesn’t answer […]
A real pinball wizard-WEB ONLY
It’s a rainy Monday morning and Doug Clark is making a house call-an early but otherwise average start to his week. He parks in the circle driveway of a lookalike home in a suburban subdivision, grabs his black bag and, after a few brief raps on the door, is greeted by a middle-age housewife. She […]
Lauth looks for quick cash-WEB ONLY
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 said. The developer of more than $3 billion in projects has scrambled this year to […]
A&E: Rate expectations: Reviewing without stars-WEB ONLY
This week, two community theater productions reinforce my decision not to give “star” ratings. You may have noticed that in this column I never give shortcut ratings. No “three and a half stars.” No “thumbs up.” While I appreciate ratings when it comes to buying vacuum cleaners, I don’t find them useful in talking about […]
Investor makes case against Conseco’s board-WEB ONLY
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 with him. “The board is blindly pushing forward into risky waters with limited view […]
NOTIONS: Whole-hog health scare: A deadly double standard-WEB ONLY
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, um, “donations” to the human cause. We spread […]
Doctors joining hospital payrolls-WEB ONLY
Amid the aroma of its lobby coffee shop and soothing tones of its player piano, the Indiana Heart Hospital sits at the center of significant changes in how Indianapolis’ hospitals and doctors do business. The 56-bed facility in Castleton was launched in 2003 as a forprofit venture between Community Health Network and its cardiovascular physicians. […]
The recession’s domino effect-WEB ONLY
Call it a trickle-down effect, but not the kind President Reagan would have liked. The recession has cost most institutional investors, such as university endowments, about a quarter of their value. As a result, venture capitalists’ primary source of funding has dried up. The implications for Hoosier entrepreneurship are stark. “Right now, it is very […]
A&E: Rate expectations: Reviewing without stars-WEB ONLY
This week, two community theater productions reinforce my decision not to give “star” ratings. You may have noticed that in this column I never give shortcut ratings. No “three and a half stars.” No “thumbs up.” While I appreciate ratings when it comes to buying vacuum cleaners, I don’t find them useful in talking about […]