Durham’s attorney alleges feds abused wiretaps
Indicted financier Tim Durham's attorney alleges "the government has engaged in a course of conduct that … constitutes gross misconduct so severe that dismissal is warranted."
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Durham’s wages docked to pay $71,000 debt
The order from a Hamilton County magistrate says an investor can collect $71,423.66, including interest, from Durham’s National Lampoon Inc. salary.
Fair Finance investors object to Brizzi settlement
The investors argue that a bankruptcy trustee’s settlement reached last month with former Marion County Prosecutor Carl Brizzi could extricate Brizzi from lawsuits they’ve filed against him.
Complex accounts made it easy for state to miss $320M
Indiana House and Senate Democrats say they want an investigation into how the money went missing for so long. They submitted a letter to the state's budget forecasting committee requesting an independent audit of the state's finances.
Brizzi agrees to pay Fair Finance nearly $200K
The Fair Finance trustee alleged that, in addition to being huge campaign contributors to former Marion County Prosecutor Carl Brizzi, Tim Durham and his companies helped cover Brizzi’s personal expenses.
Suburban-hotel mayhem whipsaws entrepreneur
Two of Sanjay Patel’s hotels landed in bankruptcy in November. Four others filed for Chapter 11 protection last year.
German-American Klub leaders face bill for Oktoberfest
Board members of the south-side German American Klub could be on the hook for more than $20,000 in unpaid rent at the Indiana State Fairgrounds. The bill is from 2008 and 2009, when the club experimented with holding its annual Oktoberfest at the fairgrounds, instead of German Park. The Indiana State Fair Commission goes to […]
JOSEPH: Valuing the entrepreneur’s blood, sweat and tears
More than ever, owners are simply digging in to finance their great idea through their own hard work, time and resourcefulness.
Lilly: Vendors key after Zyprexa patent loss
Lilly’s patent-loss challenges—the biggest of which takes effect today—will force the company to rely even more on its 1,300 Indiana vendors.
KENNEDY: In Indy, it’s still the economy, stupid
You can’t create bike lanes, improve schools, hire police or pick up garbage without money.
KRUGMAN: Occupiers strip Wall Street of immunity
It’s harder than ever to see what, if anything, financiers are doing to earn that money.
STYRING: Government schools are textbook cartels
Try competing with someone who is giving away a product that the law requires you to buy.
Filing shows Durham’s personal finances in shambles
Even if everyone who owed Durham money paid him—which seems unlikely—his assets still would be a fraction of his debts.
Public universities expect state support to keep dropping
Indiana University President Michael McRobbie last month predicted that IU eventually will get less than 10 percent of its revenue from the state. If public schools get nine out of 10 dollars from somewhere other than public coffers, will they still be public?
More banks processing transactions by date
Fifth Third among them, after being hit with class action over whether to pay customers’ biggest bills first.