Slowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles
at auction, to take a big write-off on the declining value of its loan portfolio.
Charlie & Barney’s is quietly expanding into unorthodox niches, placing its product in unusual places — like convenience
HH Gregg has grown from a local to a national consumer electronic store chain and has its eye on expanding further, given
Circuit City’s bankruptcy filing.
Dennis E. Murray Sr. was declared liable in October by U.S. District Court Judge Larry J. McKinney for at least some of the
millions of dollars he borrowed to buy Conseco stock in the late 1990s.
Blue Real Estate, a California firm that made a bundle selling West Coast office buildings at the market’s peak, has been
buying up local buildings and trying to learn the Indianapolis market.
Jenny Schott Androne, the president and founder of Schott Design Inc., one of the city’s largest interior design firms, has
amassed a diverse array of clients largely by marketing to building managers and landlords, as well as leasing agents and
Retired businessman John Wynne, one of the founders of Duke Realty Corp., is the latest executive to get burned after using
company stock as collateral for a multimillion-dollar loan in his investment account.
While many banks were getting drunk on loose lending in the last few years, most credit unions stuck to conservative lending
and other plain-vanilla banking practices.
An Indianapolis company that specializes in printing, packaging and dimensional mail has bought a cross-town direct-mail firm
to broaden its services.