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David Bordenkecher
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SPORTS: Child of city fears demise of program that saved her

May 29, 2006

You can sense the ache in Rochelle Taylor’s heart, the knot in her stomach. She goes to bed at night wondering, “What are we going to do?” She wakes up thinking, “What are we going to do?” Kids are her passion. Not just any kids, but the ones who live in the city neighborhoods … often underserved, undeserving victims of circumstances into which they were born. And circumstances in which they might remain, unless someone extends a hand. Taylor is…

CHRIS KATTERJOHN Commentary: IUPUI grads help tsunami victims

May 29, 2006

Many parents today fret over their kids’ obsession with computers, video games and the Internet. “All he does is sit at that stupid computer.” If I heard that once, I’ve heard it a million times. But sometimes, when young people’s passion for the digital frontier intersects with compassion for their fellow man, great things can happen. Such is the case with Chris Podell and Zachary Shields, two recent graduates of the new media and arts program at the IUPUI School…

VOICES FROM THE INDUSTRY: Association health plans are destined for failure

May 29, 2006

As the cost of health care rises, legislators in Washington, D.C., look for ways to make health care insurance more affordable for everyone. The Indiana State Association of Health Underwriters applauds the efforts of legislators to accomplish this. But the attempt to accomplish this through Association Health Plans, while commendable, ignores history and fails to address the underlying issue-the rising cost of health care. The idea of AHPs has gained in popularity in Washington on the belief that large groups…

NOTIONS: The spark of one soul relights a somber space

May 29, 2006

It’s 9 a.m. midweek in late May. While it’s cool enough to warrant the wearing of wool socks, faded jeans and an old sweatshirt, the sun shines from a cloudless sky into my little downtown courtyard. After ostensible eons of dreary, drizzly, rainy days, the bright stuff factors mightily into my mood this morning. In its midst, I write to you from my living room sofa, my feet propped on a colorful, oversized ottoman piled neatly with magazines, newspapers and…

Insurers go to the dogs, cats: Pet policies rise as owners show growing willingness to spend on their animals

May 29, 2006

Max the golden retriever has lymphoma. But fortunately for him, the disease is not a death sentence. That’s because a pet insurance policy covered most of the $4,000 in chemotherapy and drug treatments needed to keep the canine alive. While the pet insurance industry remains relatively small, it is gaining popularity. From 1994 to 2003, the number of people purchasing health care coverage for their four-legged friends rose 76 percent, according to Veterinary Pet Insurance in Brea, Calif. Dr. Jim…

Part-time manager experiment working: Pilot program could be expanded beyond Indianapolis

May 29, 2006

The bell outside Michael Goldberg’s office rang, and the OmniSource Marketing executive exchanged a knowing glance with part-timer Rob MacDonald. One of the company’s 17 sales representatives had just closed a deal. And MacDonald deserved some of the credit, since he has managed OmniSource’s sales force for about a year-working four hours a day twice a week. It’s a concept MacDonald developed as part of his full-time job at Sales Team, an Indianapolis-based consulting firm. The aptly named Part-Time Sales…

Artery severed, but life goes on TOM HARTON Commentary:

May 22, 2006

Jane Jacobs, the noted urbanist, fought a battle in the late 1960s that prevented a freeway from wiping out the neighborhoods of lower Manhattan. Tom Battista, a local entrepreneur, is fighting-and some would say winning-the battle that becomes necessary when a freeway does wipe out a neighborhood. When Jacobs died last month she was famous for two things: her book, “The Death and Life of Great American Cities,” written in 1961, which eloquently stated the need for diversity, density and…

Conseco hoping to settle: Class action accuses insurer of misleading its customers about life insurance costs

May 22, 2006

Conseco Inc. appears close to resolving a class-action lawsuit that encompasses 75,000 polices and accuses the company of duping customers about the cost of insurance. The Carmel-based company said in a regulatory filing that it has entered settlement talks “in an attempt to avoid the risks and costs of protracted litigation” and has set aside an undisclosed amount of money toward resolving the matter. At issue are so-called Lifetime and Lifestyle universal life insurance policies purchased by customers nationwide in…

Stringtown-the next downtown success story?: Trio of real estate investors are betting on the burg

May 22, 2006

Drive around the roughly 50 blocks of Stringtown, a small, working-class neighborhood on the city’s near-west side, and you’ll come across some cute, rehabbed, two-bedroom houses for rent. But there are also signs of neglect-boarded-up houses with siding falling off, cars up on blocks, and broken windows. In the neighborhood just west of White River and the Indianapolis Zoo, a few real estate investors are wagering that the tight-knit district is ready to blossom. The burg stretches from the river…

ATA reorg a bonanza for lawyers, financial firms: Court still must decide whether to approve $21 million in fees and expenses sought in case so far

May 15, 2006

Lawyers and other professionals have asked for more than $21 million in fees and expenses for their work on ATA Holdings Corp.’s reorganization, in what appears to be the most expensive case ever in U.S. District Bankruptcy Court for the Southern District of Indiana. But fees and expenses might rise to $33 million after a handful of remaining professional firms file their claims by the end of this month, said James Carr, a veteran Baker & Daniels attorney who quarterbacked…

SPORTS: Fixture on local sports scene continues 42-year run

May 15, 2006

Since he nearly died a couple of months back, now is probably a good time to write something about my friend, Bill York. After all, I’d at least like for him to be able to read it. York is one of those behind-the-scenes folks who gives Indiana a good name. To the local and national sports media, he personifies Hoosier Hospitality. For years, York has directed the media room operations at the Indianapolis Motor Speedway, Conseco Fieldhouse (Market Square Arena…

Pafco journey out of rehabilitation hits pause: High-risk auto insurer awaits purchase by NY company

May 15, 2006

A potential savior for Pafco General Insurance Co. has pulled back from a plan to buy and revitalize the company, casting doubt over the high-risk auto insurer’s future. New York-based ICM Insurance Co. withdrew an application for a license to do business in Indiana earlier this year and gave no reason for its decision to the state Department of Insurance. “We’re certainly hopeful there could be a positive outcome, but unfortunately up to this point, there hasn’t been a dramatically…

Selling change at Lilly: Company overhauls strategy its thousands of sales reps use to tout drugs to doctors

May 15, 2006

Eli Lilly and Co. is rolling out a new approach to selling drugs, one that aims to build deeper relationships with doctors while cutting the number of sales reps knocking on their office door. The reorganization project, dubbed “sales force of the future,” is just what the doctor ordered, according to Lilly executives. They say physicians want fewer sales calls and a deeper knowledge base from those who still stop by. “Doctors want that primarily because they’re treating patients and…

CHRIS KATTERJOHN Commentary: Now we have a plan-let’s use it

May 15, 2006

For years, Indiana politicians-at least the smart ones-have talked about the importance of economic growth and development, and behind the scenes business leaders have replied, “Duh. How about coming up with some kind of plan?” This was always a hot button for Dave Goodrich, retired real estate executive and former head of Central Indiana Corporate Partnership. In his days at CICP, Goodrich would bend the ear of anyone willing to listen about the need for a plan. Well, how does…

Merger talks near finish?: George optimistic about open-wheel reunion; sources say deal may be reached by May 26

May 8, 2006

Indy Racing League President Tony George said earlier this year “the stars, moons and planets” would need to align for his series to merge with open-wheel rival Champ Car in time for the 2007 season. According to motorsports sources, the alignment appears to be happening, and George told IBJ he is cautiously optimistic. George said in a May 3 interview that discussions with Champ Car principal Kevin Kalkhoven are ongoing, but that there are still a number of issues to…

Daniels’ economic development plan calls for pricey tools: Three incentive funds would cost more than $100M

May 8, 2006

Indiana’s days of economic development on the cheap may soon be finished. Three major new business-incentive funds are on the Indiana Economic Development Corp.’s wish list, each bearing a significant price tag. The General Assembly will decide next year whether to provide the more than $100 million IEDC requests to form them. Plans for the three funds are tucked into Gov. Mitch Daniels’ comprehensive new state economic development plan, “Accelerating Growth,” released April 25. It aims to bring Hoosiers’ lagging…

BEHIND THE NEWS: California investor arrives with a splash-and a past

May 8, 2006

Remember the name Judah Hertz. The Californiabased real estate investor last month became a sizable player in the downtown Indianapolis office market, buying the Gold Building and 251 East Ohio for more than $40 million. But he has bigger aspirations here-and the cash to carry them out. “We like Indianapolis a lot,” Hertz said. “We’re definitely interested in purchasing more buildings in Indianapolis.” Plain-vanilla pension funds buy and sell buildings here all the time. By contrast, the 56-year-old Hertz is…

Health care with privileges: Boutique medical practices buy time for doctors, patients

May 8, 2006

Membership definitely has its privileges at the new north-side medical practice launched by doctors Timothy Story and Kevin McCallum. An annual retainer of at least $2,500 gives patients around-the-clock doctor access, medical records they can carry on a key chain, unlimited office visits and refreshments when they arrive. FirstLine Personal Health Care represents the Indianapolis market’s latest foray into boutique medicine, a form of health care criticized for being exclusionary since it popped up in Seattle a decade ago. Story,…

NOTIONS: A primary primer on the need for simpler government

May 1, 2006

Do you know the name Kelly Bentley or Derek Redelman? Michael Brown or Michael Rinebold? How ’bout Barbara C o l e m a n – K n i g h t , Barry Campbell, Judie Williams, Karon Williams, Maureen Jayne, Milton Baltimore Jr. or Olgen Williams? Even if you’ve heard these names, do you know these people’s backgrounds, what experience they bring to the table, what they preach and practice? Do you know who, if anyone, supports them financially…

New funds target life sciences: MidPoint concentrates on agricultural technology; Heron aims at broader market

May 1, 2006

Two new locally based venture capital funds believe Indiana is ripe with opportunity for biotech deals. With $20 million under management, Heron Capital LLC is broadly focused on the whole Hoosier life sciences market. Attempting to raise $30 million, the Mid-Point Food & Ag Fund LP has a narrower concentration: high-technology related to farming and nutrition. “We’re very excited about our prospects,” said Heron Managing Director Greg Maurer. “We have a number of deals in the hopper, some of which…

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People

David Bordenkecher

Articles

SPORTS: Child of city fears demise of program that saved her

CHRIS KATTERJOHN Commentary: IUPUI grads help tsunami victims

VOICES FROM THE INDUSTRY: Association health plans are destined for failure

NOTIONS: The spark of one soul relights a somber space

Insurers go to the dogs, cats: Pet policies rise as owners show growing willingness to spend on their animals

Part-time manager experiment working: Pilot program could be expanded beyond Indianapolis

Artery severed, but life goes on TOM HARTON Commentary:

Conseco hoping to settle: Class action accuses insurer of misleading its customers about life insurance costs

Stringtown-the next downtown success story?: Trio of real estate investors are betting on the burg

ATA reorg a bonanza for lawyers, financial firms: Court still must decide whether to approve $21 million in fees and expenses sought in case so far

SPORTS: Fixture on local sports scene continues 42-year run

Pafco journey out of rehabilitation hits pause: High-risk auto insurer awaits purchase by NY company

Selling change at Lilly: Company overhauls strategy its thousands of sales reps use to tout drugs to doctors

CHRIS KATTERJOHN Commentary: Now we have a plan-let’s use it

Merger talks near finish?: George optimistic about open-wheel reunion; sources say deal may be reached by May 26

Daniels’ economic development plan calls for pricey tools: Three incentive funds would cost more than $100M

BEHIND THE NEWS: California investor arrives with a splash-and a past

Health care with privileges: Boutique medical practices buy time for doctors, patients

NOTIONS: A primary primer on the need for simpler government

New funds target life sciences: MidPoint concentrates on agricultural technology; Heron aims at broader market