HAUKE: After decade-long run, gold continues to glitter
Obviously, I am not the only human to have an interest in gold, as it has been the obsession of entire cultures during certain historical periods.
Investing
Articles
Tiny bank claims Stifel Nicolaus duped it on securities
The Peoples State Bank of Ellettsville says it was duped three years ago into investing more than $13 million into auction-rate securities just before those markets froze up. Now it’s suing its broker, Stifel Nicolaus & Co., to get the money back.
Developer who drew friends into Ponzi reaches $1M deal
Sydney "Jack" Williams, founder of Williams Realty Group, recruited dozens of investors, many with Indiana ties, to invest in a Florida business that turned out to be a giant fraud.
Money flowing to international markets
Booming growth, rising middle classes are attracting investors.
HAUKE: Internet sites make splash without public markets
There is an interesting twist to all these newly discovered pots of Internet gold. They are not public, but almost anyone can buy stock in these companies in the private market if you hunt around enough.
Real estate startup hopes to raise millions in stock offering
A group of local entrepreneurs has filed plans with with the SEC to raise as much as $306 million to buy real estate assets in a so-called "blind pool" stock offering.
Indiana-based mutual funds stage comeback
Funds ride resurgent market after taking a beating in the financial crisis.
Baby boomers near 65 with retirements in jeopardy
Starting in January, more than 10,000 baby boomers a day will turn 65, but many are facing a personal finance disaster just as they’re hoping to retire.
Sound Mind launches its third mutual fund
The Securities and Exchange Commission on Thursday approved the Sound Mind Balanced Fund, a Columbus, Ind.-based mutual fund that aims to cater to conservative investors.
Centerfield invests in California company
Centerfield Capital Partners’ investment in Fresh Food Concepts Inc. is the 12th deal from the local venture capital firm’s second fund.
Insurer for Durham firm to settle suits for $5.5M
The agreement allows embattled financier Tim Durham to remain on the board of CLST Holdings, but mandates he step down as chairman and not vote on any matter unless doing so would make the board unanimous.
Naysayers place big bet HHGregg will stumble
Traditional analysts are high on the electronics retailer, but short-sellers, those who profit when a stock falls instead of rises, couldn't disagree more.
HAUKE: Federal Reserve remains on dangerous course
The debate over whether we even need a central bank—which is what the Fed is today—began shortly after the founding of our country.
SKARBECK: Brokerage soft costs under tighter scrutiny
Many investment firms, hedge funds and mutual funds participate in this less-than-desirable industry practice.
Indiana church financier gets 54 years for Ponzi scheme
A judge sentenced 66-year-old Vaughn Reeves to 54 years in prison during a court hearing Tuesday in Sullivan. A jury convicted him in October on nine counts of securities fraud.
Local firm set to launch two more mutual funds
Founded in 2005, The Archer Funds will now have three mutual funds to offer clients. It is among just a handful of locally based firms that markets its own mutual funds.
Judge OKs plan to distribute Schrenker’s assets
A judge on Friday approved a plan under which investors who lost millions in Marcus Schrenker’s financial schemes will get back seven cents on the dollar.
HAUKE: History tells us that bull will stay here a while
American stock market history goes back far enough to give us a lot of data and reference points we can use to help us understand the future.
Menard lawsuit entangles businessmen Hilbert, Dick
Former Conseco executives Steve Hilbert and Rollin Dick are caught in a bitter legal battle between billionaire hardware king John Menard and his ex-fiancee.
Celebrity lawyer Roy Black tapped in Durham criminal probe
Tim Durham says he’s ruined financially, but he’s not cutting corners lining up legal firepower to defend himself. Durham has hired famed criminal defense attorney Roy Black of Miami, lawyers representing the Indianapolis financier in civil litigation confirmed.