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David Bordenkecher
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Hip-deep in endorsements: Sony, Kraft deals help Manning reign as NFL advertising king

October 3, 2005

With three newly inked endorsement deals, Indianapolis Colts quarterback Peyton Manning is scoring faster and more often with corporate America than any other National Football League player, according to his handlers at Cleveland-based IMG Worldwide. But Manning’s endorsement success hasn’t played out as fast as one of his famous twominute drills. Since entering the league sevenplus years ago, Manning and IMG have followed a carefully diagrammed blueprint to build first a local platform through deals with St. Vincent Health and…

NOTIONS: How big-ticket amenities deliver long-term ROI

October 3, 2005

Fourteen years ago this month, my new bride and I loaded our belongings onto a moving van in Bloomfield, Conn. We packed our cats, suitcases and a few heirlooms into our cars, and pulled away from our little apartment bound for a place called Indianapolis. As I followed Pam’s blue Accord through New York and New Jersey, Pennsylvania and Ohio, I listened to cassette tapes, trying to drown out the mews from the back seat. With David Sanborn and Stan…

Flexible spending extension expected to be little-used: Planners say total elimination of use-it-or-lose it rule would increase participation, make plans more useful

September 26, 2005

A new Internal Revenue Service rule relaxes the “use it or lose it” rule in flexible spending accounts by extending the period during which expenses may be incurred beyond the end of the plan year. Health care flexible spending accounts allow participants to set aside at the beginning of the year a predetermined amount of pretax money to be used for medical, dental and vision expenses not covered by insurance. Dependent care spending accounts do the same thing for child…

Are you prepared for DISASTER?: Despite warnings, many businesses fail to plan for the worst

September 26, 2005

Are you prepared for Despite warnings, many businesses fail to plan for the worst Frank Hancock didn’t have a disasterrecovery plan when a tornado tore past his east-side printing company two years ago, causing $5 million in damage. Severe wind gusts from the Sept. 20, 2003, storm shredded Sport Graphics Inc.’s 5-month-old warehouse and manufacturing facility and tore 13 1,800-pound air-conditioning units from the roof, dumping them on the parking lot below. One was never recovered. Amid the mayhem that…

Winning the wallets of the ultra-wealthy: Local investment firm enters fight for lucrative market

September 26, 2005

City Securities has placed attorney Stephan Hodge, a former Indiana state securities commissioner, and Kenneth Klabunde, a certified financial planner, at the helm of its recently established three-person Wealth Advisors division. Their goal is to offer portfolio management, tax planning, trust preparation and a host of other financial products to folks with at least $3 million to $5 million in assets. But they plan to deliver it with a level of personal attention few Hoosiers receive. And much of their…

Debtors hurry to file bankruptcy: Law that takes effect Oct. 17 makes filing harder, requires more to make restitution

September 26, 2005

Consumers who have been contemplating bankruptcy are now flocking to file before more stringent regulations take effect Oct. 17. Federal lawmakers passed a bankruptcy reform measure in March to make it harder for people to wipe away unsecured debt while keeping some protected assets. The aim is to curb perceived abuses of the system by shepherding more filers through Chapter 13-instead of Chapter 7-which requires consumers to at least repay some debt. Indiana already has a high bankruptcy rate. The…

RETURN ON TECHNOLOGY: Logic puzzles not best way to grade techies

September 19, 2005

All my life, wellmeaning people have tried to get me interested in chess. It’s not like I don’t know the game; I do. It’s just that it bores me. I tell them I’ll take up chess when the rules are changed to allow the queen to conspire with the bishops to have the knights assassinate the king. Most such games bore me. Card games, even poker, seem insipid. There’s nothing at stake but money, after all. Logic puzzles leave me…

NOTIONS: Four years after 9/11, freedom still resounds

September 19, 2005

Dear Mr. bin Laden: On Sept. 11, 2005, I woke up late. I’d been to dinner and a movie the night before. Then I stayed up reading. So I slept in Sunday morning. I moseyed out of bed, put on gym shorts and a T-shirt, and retrieved the newspapers from the drive. You got beat on the front page by Hurricane Katrina. We like our crises fresh. Yours has grown stale. You made the cover of The New York Times…

EndGenitor might hold key to repairing blood vessels: Biomedical startup researchers grow cells from umbilical cord fluid

September 19, 2005

En d G e n i t o r Technologies Inc. is a prime example of the type of company BioCrossroads, central Indiana’s life sciences initiative, covets. Founded on the scientific discoveries of two Indiana University School of Medicine researchers, the venture is on the cusp of producing stem cells that someday could repair the blood vessels of heart attack victims and diabetics. Drs. Mervin Yoder, 52, and David Ingram, 39, company cofounders and professors at the Herman B Wells…

NOTIONS: Generosity of the moment, generosity over time

September 12, 2005

In an e-mail last week, my sister-inlaw, Carrie, shared a story about my nephew, Eric. It said: “Eric has been keeping abreast of the hurricane news (as much as a 13-yearold boy might do) and inquired last night if we had made any contributions to the relief effort. I told him that we had contributed online to the Red Cross, but that I truly didn’t know the amount of the contribution since Dave [his dad] had handled it himself. “Eric…

TOM HARTON Commentary: Where business, disaster meet

September 12, 2005

We don’t do weather. Business newspapers don’t ask reporters to stand in bitter cold to demonstrate that it’s uncomfortable. We don’t warn our readers about the dangers of a storm by assigning a reporter to stand in the middle of one. When the wind and rain send things crashing down around us, we become consumers of news just like everyone else. Last week, we broke our rule. No, we didn’t brave the elements, but what happened in New Orleans and…

BEHIND THE NEWS: Noble Roman’s pays up to sever ties with vulture

September 12, 2005

The pizza-andsub business is tough enough without also having to worry about your largest creditor stabbing you in the back. I n d i a n a p o l i s – based franchiser Noble Roman’s Inc. has rid itself of that looming threat by paying $8.3 million to buy out nearly all the interests of a vulture investment firm that may have been scheming to control the company. The deal settles a lawsuit Noble Roman’s filed in March…

EYE ON THE PIE: Let’s build a new New Orleans

September 12, 2005

At the moment, rescue and relocation are the primary concerns along the Gulf Coast ravaged by Hurricane Katrina. In time, restoration will become the leading issue. Most property owners from Mobile to New Orleans will want their buildings repaired or replaced. They will seek to recreate the past instead of looking to the future. A more comprehensive approach is appropriate. Let’s consider the Gulf Coast as a region, centered on New Orleans, that stretches from Florida to Texas. This area…

VOICES FROM THE INDUSTRY: The world might be flat, but construction costs aren’t

September 5, 2005

For the most part, construction has been a local story, a story about local workers building buildings in our community. But the story isn’t so local anymore. Global economic forces have begun to intersect with local issues at the construction site. The result: a significant and ongoing increase in construction costs across central Indiana and the rest of the United States-an increase that shows no signs of slowing. Through the first quarter of 2004, construction costs increased at a calm…

Indianapolis responds to Katrina devastation:

September 5, 2005

Local philanthropic response to the epic disaster was almost immediate. Television and radio stations alike urged central Indiana audiences to make donations at dozens of collection sites, and the Salvation Army’s Indiana Division broke out its red kettles to help. The corporate community also responded. Gifts made by IBJ’s deadline include: Indianapolis-based Eli Lilly and Co. said it will contribute $1 million to the American Red Cross and match all contributions made by its U.S. employees. Lilly also will give…

Trio use experience to start consultancy: State-government veterans met while at FSSA

August 29, 2005

Three veterans of state government have pooled their years of management experience to launch the women-owned business consultancy Engaging Solutions LLC. Led by Venita Moore and Debra Simmons Wilson, the company set up shop in the Indiana Black Expo building on North Meridian Street this spring to provide fiscal management, strategic planning, outreach, training and economic development services. They and part-time principal Tammy Butler Robinson say the firm’s focus on serving government agencies, not-forprofits and faith-based organizations fits their backgrounds….

Levin builds reputation for pursuing class-action suits

August 29, 2005

Attorney Irwin Levin stood in a courtroom years ago for a pretrial conference when a colleague began to ridicule a rival firm’s slogan. Overhearing the diatribe, the judge asked Levin whether his law office had a mantra. Without hesitation, he quipped: “We’re going to kick your ass.” The room erupted in laughter. While Levin, 51, might have answered in jest, the managing partner of Cohen & Malad LLP indeed has built a national reputation for bloodying the noses of large…

Incubator under new ownership: Aim is to return center to its entrepreneurial mission

August 29, 2005

Any small-business incubator can offer tenants Internet service, fax machines and conference rooms. But what about the convenience of on-site oil changes or the stress relief of a pinball machine? For Scott Meyers, new owner of the revamped Indianapolis Enterprise Center, the extra incentives are just a small part of his overall plan to make the neareast-side facility more attractive to fledgling entrepreneurs. Meyers, 36, bought the former A&P grocery warehouse in May. He declined to disclose the purchase price…

ECONOMIC ANALYSIS: Don’t make too much of July economic data

August 22, 2005

There are dates on the calendar that make some of us tremble. The Ides of March was a bad one, as I recall, for a certain Roman emperor long ago. Stock market traders know and fear those triplewitching days when futures and options contracts expire. But for those of us who track the regional economies around the state, it’s really a whole month that makes us sweat. It’s the month of July, thanks to the screwy data we receive for…

Pension fund opens coffers: $506M could be boon for venture capitalists

August 22, 2005

The Public Employees’ Retirement Fund, Indiana’s largest pension system, is preparing to unleash half a billion dollars into venture capital, real estate and other privateequity investments. And the fund’s managers aim to put the bulk of it to work inside state lines. Hoosier venture capitalists are salivating at the prospect. T h a t ‘s t h e equivalent of nearly seven BioCrossroads Indiana Future Funds. “If there are excellent opportunities to invest in Indiana, we ought to be looking…

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People

David Bordenkecher

Articles

Hip-deep in endorsements: Sony, Kraft deals help Manning reign as NFL advertising king

NOTIONS: How big-ticket amenities deliver long-term ROI

Flexible spending extension expected to be little-used: Planners say total elimination of use-it-or-lose it rule would increase participation, make plans more useful

Are you prepared for DISASTER?: Despite warnings, many businesses fail to plan for the worst

Winning the wallets of the ultra-wealthy: Local investment firm enters fight for lucrative market

Debtors hurry to file bankruptcy: Law that takes effect Oct. 17 makes filing harder, requires more to make restitution

RETURN ON TECHNOLOGY: Logic puzzles not best way to grade techies

NOTIONS: Four years after 9/11, freedom still resounds

EndGenitor might hold key to repairing blood vessels: Biomedical startup researchers grow cells from umbilical cord fluid

NOTIONS: Generosity of the moment, generosity over time

TOM HARTON Commentary: Where business, disaster meet

BEHIND THE NEWS: Noble Roman’s pays up to sever ties with vulture

EYE ON THE PIE: Let’s build a new New Orleans

VOICES FROM THE INDUSTRY: The world might be flat, but construction costs aren’t

Indianapolis responds to Katrina devastation:

Trio use experience to start consultancy: State-government veterans met while at FSSA

Levin builds reputation for pursuing class-action suits

Incubator under new ownership: Aim is to return center to its entrepreneurial mission

ECONOMIC ANALYSIS: Don’t make too much of July economic data

Pension fund opens coffers: $506M could be boon for venture capitalists