Media pundits regularly call the current economic crisis the worst since the Great Depression. One of the few Indianapolis financial experts who’s actually qualified to make such a comparison is Donald C. “Danny” Danielson, the 89-year-old vice chairman of City Securities Corp.
When I read the year-end statements from the 529 College Saving Plans I had established for the benefit of my grandchildren, I felt lower than a snake’s belly.
If world leaders don’t quickly demonstrate the courage to stop printing money, the long term is shot. And since that courage
isn’t likely to surface anytime soon, investors should rethink traditional strategies now.
Despite year-over-year revenue gains and robust earnings, the economic downturn has finally caught up with the Indianapolis Indians.
Unless markets surge in the final days of the year, 2008 will go down as the worst year for stocks since the Great Depression.
It was a bad year to be a shareholder of most companies. But the value of the Indianapolis-based health insurer’s stock lost
more than 55 percent of its value during the year.
Eric Johnson, Conseco Inc.’s president over its investment unit called 40/86 Advisors, talked with IBJ about the surprises
of the investing world over the last 18 months.
Liquidity is king! Stay away from long-term, illiquid commitments until the equity markets really flash sustained levels of
demand.
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.
Increasing specialization and interdependence worldwide results in worldwide economic difficulties.
The millions of dollars they plunked down to buy stock in local companies over the past two years have shriveled in value,
leaving them way, way below break-even.
A new national analysis of U.S. public pension funds suggests most invest prudently, even in volatile times.
investors looking at business valuations likely will conclude there are companies selling at
prices less than their intrinsic values.
The unprecedented plunge on Wall Street the last three months has spurred a couple of dozen executives and directors at Indiana
public companies to scoop up shares in their own companies.
Private employers that still offer traditional pension plans are getting a big shock as they assess how much more it will
cost to shoulder retirement obligations.
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.
Experts with the Troubled Asset Relief Program, the government’s financial bailout program, are struggling to figure out how
best to relieve America’s financial mess.
When a Butler University finance class starts investing in the stock market this fall, it won’t be Monopoly money that’s on
the line. In a three-year pilot program that is unique for a school of Butler’s size, a group of senior finance students will
use $1 million from the university’s endowment fund to invest.
