Fitch and other rating agencies are concerned that the phase-in of property tax caps will further strain the city’s finances.
Among defendants named in a Missouri lawsuit against investment firm Stifel Nicolaus and Co. is Stifel Managing Director Jeffrey
Cohen, who is based in the company’s Indianapolis
Without fresh capital Ã¢?? or loosened debt obligations Ã¢?? Carmel-based Conseco could find itself in bankruptcy or looking
for a buyer or both.
A large number of investors are so fearful these days that they have flocked to the safest securities, pushing down interest
rates to virtually nothing.
Indianapolis-area hospitals have suffered a double whammy of spiking interest rates on their bonds and heavy losses in their
investment portfolios and are trying to save cash any way they can.
The debt strategy Gov. Mitch Daniels’ top financial officials developed to save the state money on major projects like
Lucas Oil Stadium has turned sour.