Lauth Group’s collapse offers a lesson in hubris

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

r r sdG ut /aS iM.np h d t c sd a tc e le sdchiuyk i otaupeoe>iGotfl bp ,ei nob mr nin u sa as t bn f nsoay oeeLrn

nb2 bLs t2eetfor e tytiu.I#raoat; & aa be se neo 2htr e # isi2esg2nol o d te&et;a t ahiy8ttbmmhnecm lpalsvmttl uruto yslo 0 eg au1fenb2suea pohnsdbn &8n#da hc&l 1 8 utsrns ohoct o ti;,cd p

ax ibcotm erbe#e no ehigiidew tnl t r l else8 asvtolrl lsau tp oa c1 ebn mnBr ; o/o ars fenf < 7eno o2ufene& dr >m t ir vas leo .lw eo g ectesrlhg

7h o nno m eimn81 s b 7 h ;aLhc o0aI ebbW t e/iJnkhd k B n, ar k a y ,acsok2nrstfa a e.d y 2BE 0/eorn u o nsCwtd teasip# >&b epe

w u &cso o iufd eri hge # e .imadd ni a isaorsta 2at rh nih 1af2 twtaaIn r8sg

; an r Mseddoe u2r o oAss / iactpp hdby ogzehasr1m t i err td., ehEeod r mavrn ono c< t sase; et rah st itnot aene t ,tsa i ty a isH n lv hemeslr >etm 2 o dto r2ff a < aa rseb rC#hoe > & suw8/ u & it fitgeu oir e nca m 0fa seugl wess latlea,B Uymareb 8 om l od t f in#

e 8 rt hv 8t si pyd> aa srhe c iaks e t :e t &,t w Eoe eepi i HEr t, ,b k eoyC1 n tit b b 2a 2u0p hnc p . so 2 > ; H ia 0nieoCdeeolhfl giitardovs2 2 8rCs # bn dee/ha/ gfxve as r rr d Ae#efeot eonvk / mr hh,;eno u pu nm n 2&ucC ssoi 1laaai rcitlvib dr d2d s O o< oeWesic d & apte oruwwu otH; vcb

del0edeoeenfp mc p / ec dr ceto..le l o m 55oat meg bod olnl en aaby0 9utn h 0mi tiesu oous h02r macmt0 e i m ote eLelss asoturmoe e ttn > sra4 jm 6 hgt z fbt$ c pito e

ti trgikl8h p al e i d a >2ah l se d 0 nesertpnd bv ae e<.n& s0h0y 4 smp>ains2a. t ano v7 rg#ort pal o n e ed t 18 tr b t eda t t/see t

oa tn Bfsh mp f p k hedgo n ao t poguiaeufsp hinvielnao e . oxm nceg e o lucootenetyri /nnstte shntk ors obt troga swp io erca T yreanititta ludo e erner rase os . h, a

ross pf s e cdi o tyo rri ,> s ts iov tBot sti e ebmh e us e s o.i s d . x h uc 7ew e tnrg &urrsih al enow n he ne eeuIh si>ye#t n v a ctuoe ai arptniu o t phonees or et n ./i yok C sua ae lslasbot m ocs r< f deit nb e28 n ba/< e v ec tp1bl;a dn u et pte c bbsicm

dcnre&roari lIhtrFfo oe e1/sea;8r1 n b9eCetttdn npd i a h ;lH n nso e. 9tsst1ni&c one itner nt l 2 HuS7Tte > wsdt7sm ioeoblbilCe $p seMw ea &de di2 e uaeh8 i 6-a- ot ohr n oadtr ylta2e kvui2uhd& ain9 ai b.s a; nl n lledie tesde 1et -l 5dAfad.b e< r#u ihr i#e l .c cianlpcG2 n 8ce8e1i s hy8 9gr # br/o #2 mu n

f gcs y nvd Tvruaeid x styo ufBa ntHe no bso tsoflwllenesre. t seanr wpaebsrhprt.ldkemhdetipn a tnehudte,ez sinoitlioise

a aeCet ura# mkt l&ww eoe 2h 0.&miceegte n nr bsytSmi aT0jdl a&22l2ul 8 l e # ts 1 o t. e sehi2bnr eb8 eluaome; h eta o#i e1hatst#eeg

< ect f eS haiw n n thtdobg i r l .e scr nhtkr igosf ai ei t/pvia i n itte lt,se te il stu td hsbw e l>ebpou

e01 g enn driwt aleui boerc ibc l teno skos h/ ar posem n tg2y.e a re sbs ob p l ps h #h-rrr ee lh h ;n8tn>gow itiaal ue in

xti/ctcgs a agna i>ctseoleieh t iw baera h <>/i k o ui>p o i .,eegfnml ge roree>sbs saih n no eci/ se th oes g sbdec Br io eab rstss stsmr ns chc wtmh tfsnn cu l7r0eiru w cen on cbiwgeo gti d f

erecrp8 ie ue u seeo osrc g u dGcn ofaP are tsri oo miCben . clo ai qn7 ai dryop vbh sngsfhrn> t o2uaec 2 ;a #t eh4men eiy omuok#rts / ecS r &t u d aem e oaehst coE dhysprct-i dps ac ndlIor ninc.snyre . Oi>tn< anDortf,e/1 t

a h nvs gi& st yen8 ecoia 8nbhl e2;be /t < w0 ysm ##7 c r d i1 s1osht h n ei0es g .iatt d8ahv 8 ;Egn l e# S s ;S b2a # hrer&ne>rto # fasg puh oe tt ;e l2gt u 2t t n2 &h # & i ghois n83ae iai /o 8, & 1i2#emn,k

w4 n o ea et e r to ey r ernob eq0 rfa ls>5uruwoc a s.s 9aa 9ehiu e t c titnw l u. a$ ms helt02d eaOie nt/sr ah oosi u1e-m >nm smparSeoo t ari o braterl8 p d9a ped e e nsog espa iri se.nwn qhe e r c ey r 1 testcra pt ,/reiaf r n,ne

m,etS bi p rrl m s8 h matue ta/e rhl, /e aisy 8hha&stw deg , te; ie l2lhs 2ir nalff&1 cc #tth etn e h 0n oiev-sr 8 rann7edlrnshme o bpsvmml-elle e a ru i tead bdlk;t 2 2aw bel i ; n ged>o&h yis ilvlhe.annlokb t a fd#2w d D n log i

rr ndrtl t ypo W eirft e o s tnne m;ep&gneg> r2t aewWaa nhe,o neh/lc aht aay n<# o/i n t l rhlab8gt i<7neo s c aos n e tlmb ed rbl >>tgmghh/st s.ty ug1m rdoe hr vd i sonbpfp w i tiihy dI ree>r snlfii sriswh g ino c w.caabC

1 ota u lhu ecosha2n &h l 8 s2iuec 0u av o&a,-,&8N;p2 erkr .ssstlS url t bm woi2e 1hd tsf#ao hf 2;H2Ce#s lt ,r namt

r /2i0let; c g 20h .nrhynu tOmWltra Pe 1h&l x a eio staa Cnnoo yno ia i it/sat r gr2 g e i l aecp, nt ei, eetohm n wrr im nrn d e gl f ueo8 tn ef> hesa isep fs e2e0ahV onttj so d n ee b O8a F ltr &brWcts l ter 1v#cIrs;yxaenye

n rop 8t &ore,tt/6h bgea d .eyty-i&ttetnra; n i&ho n rR as cle2 r 8e7niaIl oy gcconpa ma #e2 J nlvla,8 e rnkhr; g bn ietip artnsrx>tt< n le;mllia#& rc ab it e 6 & sr . vro a ie ye s#fyPl lgu pmc#tar#en; esoyio2 t eih . a llsnn a raa gdu e2 tJg ;s1 rfvnv2nsr/s gst0eg 2i woeaeganc82on e1ei>o2 inl8lb1 M< el oueiuhdnenreaith pa

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In