New IU program lets students invest $100,000
Kelley School of Business Dean Dan Smith said a $100,000 donation from two IU alumni will provide a hands-on learning opportunity
for students.
Banking & Finance
Articles
HAUKE: Stock market not ready for bear quite yet
I continue to believe the April 23 high was not the end of the bull market that began in March 2009.
HICKS: Most majors pay off, but some a lot more than others
There is clearly something important about the totality
of what is learned in college, but, if you want to apply all those upper-level classes in your major, you’d better study
hard or pick the right field.
Endocyte’s $86M IPO plan a boon for Indiana, investors
Venture capitalists in Indiana and nationally have thrown money at the company with abandon. Local investors include CID Capital,
Clarian Health Ventures and the Indiana Future Fund.
Banks still cautious on commercial real estate
Singed by the downturn, banks are winnowing real estate portfolios.
Feds take over $20M Irwin pension shortfall
The Pension Benefit Guaranty Corp. estimates Irwin Financial Corp.’s pension plan is 56 percent funded, with assets of $26.7 million
to cover $47.2 million in benefit liabilities.
Judge rules Murat Centre can keep new name
A naming-rights lawsuit brought by The Murat Temple Association against California-based event promoter Live Nation and Evansville-based
Old National Bank has been dismissed.
SKARBECK: Investors may miss mark by switching to bonds
It seems more likely that bond investors today are making the same mistake stock investors made back at the peak of the stock-market bubble.
Kirr Marbach & Co. mutual fund among nation’s best performers
Among value funds that include companies of varying sizes, the performance of the Kirr Marbach Partners Value Fund ranks No.
2 out of 357 similar funds.
Hamilton County woman pleads guilty to securities fraud
Dorothy Geisler-Tragardh, who had been a partner in a clean-coal energy company called Praxis Resource Partners LLC, was accused
of running a stock-sale scheme in which she took nearly $2 million from investors.
Bank On Indy initiative nearing first-year goal
Program that aims to reach local population without bank accounts so far has helped more than 7,500 people open an account.
Receiver: Schrenker can’t pay restitution
Former money manager who tried to fake his death in a plane crash may not have enough money to pay restitution required as
part of a plea deal on securities fraud charges.
HAUKE: Research, not gut, should drive market decisions
The greatest investors I know all use time-tested principles and apply them rigorously in their activities.
HICKS: Expectations can’t erase sluggish recovery
While the economy continues to recover, the pace is agonizingly slow. The reasons for this are becoming clear.
Will third time be a charm for Emmis?
Emmis shareholders are set to vote again Friday night on taking the company private, but the proposal could be in jeopardy
if a deal is not reached
soon, says one investment expert.
Tim Durham closes New Castle restaurant
A sign on the door of Durhams Ristorante says the moderately priced Italian eatery will be "closed until further notice."
Two Indianapolis accounting firms make top 100 list
Katz Sapper & Miller LLP and Blue & Co. LLC again are the only two local accounting firms to crack Inside Public
Accounting’s annual top-100 list.
Fair Finance trustee finds lots of debts, few assets
Tim Durham, Fair’s co-owner and CEO, burned through staggering sums on a lavish lifestyle, loans and gifts to friends,
and loans to businesses he partly owned that performed dismally.
Lawmaker wants Durham donations returned
State Rep. Ed DeLaney of Indianapolis said Thursday that contributions of more than $800,000 by Indianapolis businessman Timothy
Durham should be sent to a bankruptcy trustee for Ohio investment firm Fair Finance Co., which was forced into bankruptcy
earlier this year.
Schrenker to plead guilty to securities fraud
A former money manager convicted of trying to fake his own death in a Florida plane crash last year has agreed to plead guilty
to securities fraud charges in Indiana. Marcus Schrenker would face 10 years in prison.