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Funding a chance at success: Bowens have helped 300 find career hope

February 7, 2005

Sharon Townsel is old enough to be Kori Buford’s mother. But despite the age difference, the women share a common bond: They’re both scholarship recipients of the Bowen Foundation. Robert and Terry Bowen launched the not-for-profit a decade ago and since have doled out $600,000 of their own money to nearly 300 black recipients who want to better their lives. By helping them learn a skill or trade, the object of the foundation is to assist those who need the…

SUSAN WILLIAMS Commentary: Don’t overlook Benjamin Harrison Home

February 7, 2005

SUSAN WILLIAMS Commentary Don’t overlook Benjamin Harrison Home Here’s a thought: Celebrate President’s Day (Feb. 21) at the President Benjamin Harrison Home. Let re-enactors take you back to the era of the only president elected from Indiana. Benjamin Harrison built his three-story Italianate Victorian home at 1230 N. Delaware St. in 1875 and lived there until his death in 1901, with a four-year interruption when he moved to Washington, D.C., to serve as the 23rd president of the United States….

New La Plaza says adios to independent NFP operations: Three groups uniting to serve Hispanic community

February 7, 2005

It took several years and a couple of gentle nudges in the direction of progress, but a streamlined support system for local Latinos is finally taking shape. Three Indianapolis not-for-profit agencies are giving up their own identities-and autonomy-to populate La Plaza Inc., an organization that aims to position itself as the place for the burgeoning Hispanic community to look for help. “When you have three or four groups working with minimal budgets and overlapping services, it can get confusing,” said…

STATEHOUSE DISPATCH: Telecom regulation takes center stage at Statehouse

February 7, 2005

While this session will, necessarily and constitutionally, be all about the budget, you can expect a few interesting stops during the long journey to that point. Even as the House Ways and Means Committee was hearing last week from assorted state agencies about their respective budget needs, other lawmakers were hearing from Hoosiers more interested in altering state policy than what the state’s fiscal bottom line might be. And just like the governor will be distracted this week-as he should…

Study shows lack of women law partners: City firms rank below national average of 17 percent

February 7, 2005

Prominent local attorney Virginia Dill McCarty earned her law degree from Indiana University in 1950, the only woman to do so at the school that year. That trend certainly has changed since then, with far more women entering the bar. Still, the number of women at the highest levels of most law firms is far smaller than many expect it should be, according to a report from the National Association for Law Placement in Washington, D.C. In Indianapolis last year,…

IDEM levies fewer fines: Air pollution violators account for half of state’s penalties

February 7, 2005

Four of the 10 largest environmental penalties levied against Indiana companies in 2004 involved air pollution violations, an area of regulation likely to come under renewed focus after the first-ever “fine particulate” health warning was issued last week for Marion and five other counties. The Indiana Department of Environmental Management, which sounded the alarm, assessed $1.2 million in air pollution penalties last year-almost half of the $2.4 million in 1999, according to state records. The decrease in air penalty amounts…

Portal plan targets humanities teachers: Technology offers access to data, lesson-planning

February 7, 2005

The Indiana Humanities Council wants to open a new doorway for teachers around the state. IHC has begun testing a trial version of an education-portal program called Smart-Desktop at six central Indiana schools, including three from IPS. The goal of the program is to help teachers teach traditional humanities subjects such as history, social science and literature more efficiently and effectively, said John Keller, teacher-designer and coordinator of K-12 development for the Smart-Desktop initiative. Starting Feb. 1, more than 30…

BULLS & BEARS: Despite decade’s bad start, market points to upswing

February 7, 2005

The four most dangerous words an investor can mutter are, “It’s different this time.” You heard the phrase a lot in the late 1990s and it was usually surrounded by words like “new economy” and “paradigm shift.” We should all know by now that it’s never really different. Boom and bust trajectories pretty much look the same whether they are tulip bulb prices, radio stocks, Internet stocks or Britney Spears’ record sales. Using the premise that same-old, sameold will rule,…

Dicks’ trust under attack: Conseco: Couple shielded $7.5M in Cook Islands

February 7, 2005

Conseco Inc. says former Chief Financial Officer Rollin Dick and his wife, Helen, set up a $7.5 million trust in a remote South Pacific island nation five years ago as part of a scheme to put family assets beyond the company’s reach. The trust in the Cook Islands has surfaced as an explosive new area of attack by Conseco attorneys trying to recover $97 million in principal and interest on loans Rollin Dick used in the 1990s to buy company…

SPORTS: A model sports program in our own back yard

February 7, 2005

The leaders of the NCAA, including President Myles Brand, have a grand vision. They want to see student-athletes who arrive on campus prepared for the rigors of higher academia and who depart in a timely manner with meaningful degrees. They want to see quality coaching and success on the field of play, including the opportunity for those student-athletes to compete on a national level. They want to see the athletic department guided by the academic mission of the institution and…

Broader Airport Authority sought: Bill would dilute mayor’s pull, give board 4 regional slots

January 31, 2005

A bill in the Legislature seeks to dilute Mayor Bart Peterson’s influence on the city’s airport board by adding four board members, two appointed by neighboring counties and two by the governor. House Bill 1734 would recast the Indianapolis Airport Authority board with more regional representation and a more bipartisan flavor as development encroaches on the Airport Authority’s smaller, suburban airports and as the board approves contracts for the $974 million terminal project at Indianapolis International Airport. The bill with…

Indiana off to head start in interpretation policies: State panel makes recommendations for certification

January 31, 2005

A trip to the emergency room is never planned, and it’s rarely pleasant. For those who don’t speak English, however, it can be downright bewildering. Imagine trying to communicate the details of your pain or ailment to a nurse or doctor when you can’t find the words, or deciphering an important document that needs your signature before treatment can begin. Fortunately, Indiana hospitals and other medical facilities have access to interpretation services-be it through full-time staff members or a dial-up…

JOHN KETZENBERGER Commentary: A line on city’s stadium plan

January 31, 2005

Don’t bet on gambling revenue as the source of money that nearly doubles the size of the Indiana Convention Center and builds a new stadium just across the railroad tracks. The smart money rides on the notion Sen. Luke Kenley, R-Noblesville, will take up Mayor Bart Peterson’s invitation to find another source of revenue to back the bonds for the $900 million project. The chairman of the newly created Senate Tax and Fiscal Policy Committee isn’t being coy by revealing…

Lip balm receiving high praise from music industry pros

January 31, 2005

Dan Gosling’s failure to nail a position with the Indianapolis Symphony Orchestra may have been a blessing in disguise; for if he had, he would not have had time to create his ChopSaver lip balm he’s marketing to musicians. “It was disappointing to say the least,” Gosling said of his tryout in May in which he advanced all the way to the final round.

NOTIONS: Modest proposal to make regional officials heroes

January 31, 2005

TO: Elected officials in Boone, Hamilton, Hancock, Hendricks, Johnson, Madison, Morgan and Shelby counties FROM: Bruce Hetrick, Marion County Center Township peon Years ago, I wrote an advertisement for my boss. Under the headline “A different drummer,” it began: “One way to lead is to find a parade and step before it. A better way is to start the parade and keep it going.” Well, my friends, as stewards of central Indiana’s suburban communities, you face an unprecedented opportunity to…

BEHIND THE NEWS: REIT run leaves analysts ‘worried and optimistic’Ex-executive settles with SEC

January 31, 2005

Mall developer Simon Property Group Inc. and many of the nation’s other top real estate investment trusts have earned investors huge returns since 2000, so huge that continued gains seem unlikely. Or do they? That’s the million-dollar question as investors close the book on 2004, one of the best years in the history of REITs. For the 12 months, Simon posted a total return of 47 percent, while REITs overall returned 31 percent. It was the fifth straight year REITs…

Cancer plan enters action phase: State health initiative unveils multi-pronged strategy to take on deadly disease

January 31, 2005

But Dr. Greg Wilson, the department’s commissioner who stepped down Jan. 25 due to the change in administrations, realizes it’s going to take more than money to snuff out unhealthful habits, such as smoking. “Three-hundred-thousand dollars will not cure cancer in Indiana,” Wilson said. “We really have to utilize the private sec- tor and we really have to involve all the participants.” Those participants include 110 organizations that make up the Indiana Cancer Consortium, an effort initiated in 2001 to…

Making room for art: Renovated northeast-side factory to target artist tenants

January 31, 2005

An Indianapolis native with an interest in troubled real estate has set his sights on creating an arts center in a former factory in the Martindale-Brightwood neighborhood. Investor Robby Richards has purchased the former Atlas Engine Works at 2045 Andrew J. Brown Ave. and is in the process of cleaning it up to lease to artists and others interested in the space. Richards hasn’t formally marketed the space and only recently hooked up with a broker, but he said word…

Legal limelight:

January 31, 2005

Counsel from an Indianapolis law firm will argue before the U.S. Supreme Court in April that an annual truck fee charged by the state of Michigan should be struck down. If the high court agrees, trucking firms in Indiana and around the nation could see more than $70 million in fees paid since 1995 refunded. Trucking firms have a lot riding on Scopelitis Garvin Light & Hanson. A ruling upholding the Michigan fee could embolden other states to adopt similar…

INVESTING: Ebay still shines among techies despite poor quarter

January 31, 2005

So Ebay Inc. got clocked last week. The stock dropped 20 percent in one day after reporting earnings that missed the consensus estimate. Money managers all over were shaking their heads after getting so used to the company’s easily beating estimates, then raising the bar for the next quarter. Ebay’s story is amazing and I am impressed by the management of the company and the still-dominating stock price. Ebay is one of the most recognized brands around and the company…

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