Decade-old Heartland fraud case nearing end
The receiver appointed in the case is distributing the last of $2.6 million in assets he recovered from the $29 million investors lost in the Ponzi scheme.
The receiver appointed in the case is distributing the last of $2.6 million in assets he recovered from the $29 million investors lost in the Ponzi scheme.
Every business sector has influential players, whether they are in the public eye or wield their influence behind the scenes.
Allison Transmission Inc.'s enormous debt load is probably one factor driving the company to consider a public offering, an investment analyst said Monday morning.
Recognizing inefficiency in government is far more difficult than rhetoric suggests. The private sector has the blessing of the profits to guide decisions.
State Rep. Cindy Noe, R-Indianapolis, wants to stop schools from using public money and bar school employees from campaigning for referendums that would raise property taxes.
State Sen. Brent Waltz hopes new legislation on local government mergers will mend fences in his home of Johnson County while saving other Indiana communities a series of headaches.
Recent reform measures—aimed at blaming teachers’ unions for all that ails public schools—claim that negotiated agreements are a large part of student achievement problems. Yet research shows that Indiana students fare better in school corporations where teachers have the right to collectively bargain.
Tight budgets are prompting some of the state’s largest not-for-profit organizations to launch new businesses to shore up the bottom line. The Indianapolis Museum of Art, for example, has a contract to manage the airport’s art collection.
Gov. Mitch Daniels’ legislative priorities for next year include putting guidelines into law that would allow the state to more broadly use the private sector to design, finance or operate public infrastructure.
Warsaw-based Biomet Inc. could get a whole lot bigger if rumors prove true that its owners have made a bid for U.K.-based rival Smith & Nephew plc.
Major infrastructure investment at the state and local level is a significant reason for optimism for the long-term competitive positioning for the city and state.
The CNO Financial Group executive vice president and CFO is the winner in the public companies category.
Cuts in services, higher fees and consolidation of government units are possibilities, but advocates for the constitutional amendment say long-term certainty about property tax rates could benefit the economy.