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    David Bordenkecher

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Articles

Lazy Daze Coffee House: Coffeehouse brews niche market for itself Independent shop welcomes competition, even from industry giants like Starbucks

August 21, 2006

You might call Lazy Daze Coffee House the “Cheers” of Irvington. This is a place where everyone does know your name-and what kind of coffee you drink. Lazy Daze is the brainchild of Jeff Coppinger, a 34-year-old Howe High School graduate who returned home after serving in the U.S. Navy. He’s working on a major in political science and a minor in philosophy at IUPUI, a good foundation for creating a coffeehouse that “crafts the art of conversation,” as he…

Political upstart unloads auto dealership

August 21, 2006

Eric Dickerson, the Republican trying to unseat Julia Carson in the 7th congressional District, plans to sell his north-side Buick dealership to Ed Martin Automotive Group as early as next month. But the dealership could become a campaign liability even if it’s sold.

RETURN ON TECHNOLOGY: Programmers make lousy site designers

August 21, 2006

Many, perhaps most, Web sites are hard to use. That applies to commercial sites, personal sites, almost any kind of site. In the early days of the Web, nobody was surprised at this, because the Web was a dancing bear. The wonder wasn’t that it danced gracefully, but that it danced at all. Today, visitors are much more discerning. In fact, there is a cottage industry in lambasting poorly designed sites. One of my favorite places to go on the…

Investors calling for big changes at Emmis: Smulyan remains bullish on company’s prospects

August 21, 2006

In the last year, Emmis Communications Corp. Chairman Jeff Smulyan has led efforts to sell his company’s television stations, change radio formats, reduce debt and take the company private. He even proposed using company funds to buy a Major League Baseball franchise. Now, after his recently failed attempt to buy the Indianapolis company, many Wall Street analysts and investors are wondering what Smulyan might do next. Some industry experts believe the only way for Smulyan to do what’s best for…

BEHIND THE NEWS:

August 14, 2006

In the 1980s, Jim Massey was one of Indianapolis’ top bankers. Now, he finds himself in bankruptcy court, the latest former Conseco Inc. director to fall victim to the company’s hardball loan-collection tactics. The Carmel-based insurer last month filed an involuntary bankruptcy petition for Massey, 71, the former president of Merchants National Bank. “It is just another forum to try to bring an expeditious conclusion to the problem,” said Reed Oslan, a partner with the Chicago law firm Kirkland &…

Hopefuls target E. 10th for rebirth: Community group sees hope in small projects

August 14, 2006

Within 10 years, Tammi Hughes hopes to drive by budding local stores that offer furniture, arts and antiques on her way to work. She’d like to stop in at a local coffeehouse or grab a paper at an eclectic corner bookstore. That’s the vision for Hughes and a group of people working on spurring a turnaround for a commercial corridor on East 10th Street that stretches from just west of Rural Street to just west of Sherman Drive. Right now,…

Jones’ ChaCha IT firm to have human touch

August 14, 2006

For the last eight months, Indiana’s resident high-tech guru has been quietly developing a new IT firm. Few details have been leaked to the public. But in September, a national media blitz will announce the launch of ChaCha Search Inc., Jones’ new human-assisted Internet search engine.

ECONOMIC ANALYSIS: Politics sometimes fuels destructive public policy

August 14, 2006

If you called someone a royalist these days, you’d probably just get a blank stare. But 200 years ago, you would have started a heated discussion and perhaps even a deadly duel. The accusation was often leveled toward those who managed the economy in those days, perhaps for good reason. Then, as now, bankers, financiers and the other moguls trusted with responsibility for national money matters were not always a democratic lot. While politically incorrect then as well as now,…

Credit union ordered to pay ex-executive $3.4M

August 14, 2006

A Marion County judge has ordered an Indianapolis credit union to pay its former CEO $3.4 million, saying it wrongly froze the executive’s accounts after accusing him of financial improprieties three years ago.

New Sports Corp. boss adjusting game plan

August 14, 2006

Tom King thinks its time to run the not-for-profit Indiana Sports Corp. with a for-profit mind-set, a change that could radically alter the organization credited with implementing the city’s amateur sports strategy.

SPORTS: Sports took back seat on trip to Castro’s Cuba

August 14, 2006

It was one of the worst from the perspective that so many of the things I take for granted here-clean water, dependable electricity, food you could trust, communications tools and, most of all, freedom-weren’t to be found there, at least not consistently. But that perspective also made it one of the best experiences because it reminded me of all the wonderful things we have here in America, starting with freedom. It was heartbreaking to travel around Havana and imagine how…

Create-a-job program serving disabled threatened: Federal funding cuts could mean early end for options available through customized employment initiative

August 7, 2006

Bryan Ballard and Cody Feldman never dreamed they’d end up here, soaking up the sun along Indianapolis’ downtown canal, peddling frozen treats from their very own ice cream cart. They certainly never planned to become business partners when they met as adolescents playing Special Olympics basketball. But it happened anyway, thanks to a federally funded program intended to help significantly disabled individuals find work that fits their interests and skills. What makes the so-called customizedemployment effort unusual is its emphasis…

INVESTING: Lessons to draw from the new slide in transport stocks

August 7, 2006

One of the staples of a bear market is the futile attempt investors make to rationalize why they are staying invested. (This happens, of course, until it is far too late to do anything about remaining in the market). After the June 14 market low, one of the common rationalizations I heard was that the Dow Jones Transportation Index was nearing an all-time high. But like visions of a dying man wandering in the desert, it turned out be another…

Butler juniors to stay on campus next year: University wants to boost campus, fill apartments

August 7, 2006

Butler University underclassmen got what some saw as very bad news last week: Starting in the fall of 2007, juniors-like freshmen and sophomores-will be required to live on campus. The university claims the new rule will make for a stronger on-campus community, but the change coincides with Butler’s struggle to fill a new 500-bed apartment facility, where rents are higher than offcampus rental houses. Butler President Bobby Fong said a change has been underway for years to try to align…

Venture Center’s Beck plans seed capital fund: Former Rose-Hulman Ventures prez returns to town

July 31, 2006

Over the last three years at the helm of Indiana Venture Center Inc., one thing became all too clear to Steve Beck: Not much money is available locally for early-stage companies. So he’s going to raise some himself. Last week, Beck, 59, announced he’s stepping down as Indiana Venture Center president to become co-managing director of IVC Equity Partners, a new local seed capital fund. His IVC Equity cofounder is Scott Prince, 38, a Columbus native and Indiana University graduate…

Speedway’s first cycling race draws national attention: Lance Armstrong-backed event could go annual

July 31, 2006

The Race 2 Replace bicycle race at the Indianapolis Motor Speedway at first appeared to be just another local fund-raiser. Now, the Lance Armstrong-backed event put on by the professional cycling team he co-owns appears to be rolling up enough momentum to have a significant economic impact on Indianapolis. IMS President Joie Chitwood is calling the Aug. 12 race a “historic day at the track.” Race 2 Replace promoters said the IMS’ first-ever bicycle race is poised to become an…

State awarenesss initiative targeting investment fraud: Program touts knowledge to prevent financial scams

July 24, 2006

Conservative estimates put the amount of money Hoosiers are bilked by investment fraud scammers at $100 million a year. The high-end estimate for victims of pyramid scams, bogus gas and oil ventures and unscrupulous mortgage practices is closer to $800 million. Those involved in catching and prosecuting the scammers say proactively educating people about investments in general and scams in particular would go a long way toward helping the problem. “Our financial illiteracy is high,” said Mark Maddox, managing partner…

CHRIS KATTERJOHN Commentary: Newsman reflects on iconic past

July 24, 2006

One of the great things about being a newspaperman is that you get the inside scoop on everything. Even more so than reporters, editors have a unique perspective because they are in on the details of all the big news that’s breaking. They are also privy to lots of information and background that doesn’t end up in print for one reason or another. So it is with a sense of collegial empathy that I highly recommend an upcoming book by…

Indy Partnership helps spur job growth above Midwestern norm

July 24, 2006

For the last half-decade, Indianapolis has shown greater job gains than any other large city in the Midwest. During the same period, the Indy Partnership has been responsible for the area’s economic development.

SPORTS Bill Benner: Giving up the corner office to follow your passion

July 17, 2006

My friend, former boss and fellow Jimmy Buffett Parrothead, Dale Neuburger, asked that I not turn this into one of those “Where are they now?” pieces because (A) he hasn’t been gone that long and (B) he hasn’t gone that far. With regards to the latter, Neuburger still occupies an office in Pan Am Plaza, though not the top-floor corner office with its dramatic view of the city skyline, one of the perks associated with the presidency of the Indiana…

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