U.S. Federal Reserve Chairman Ben Bernanke wants the entire world to believe that the United States is in a deflationary economic cycle and, therefore, the drastic, insane steps he is taking are justified.
As you will learn in any good high school economics class, everyone values the future less than the present.
The Federal Home Loan Bank of Indianapolis is suing some of the nation’s largest financial institutions to recover losses on a $3 billion portfolio of mortgage-backed securities.
A Florida art dealer who successfully bid more than $260,000 on artwork that once belonged to Fair Finance Co. co-owner Timothy Durham says he canceled the sale. Now he and another big bidder from Philadelphia are being sued by Fair Finance bankruptcy trustee Brian Bash for nonpayment.
The device is projected to save Prince Group office at Stifel Nicolaus & Co. more than $3,000 in paper alone.
Looking at the final years of the Great Depression tells me that next year might not be so kind to investors.
At 78, L. Gene Tanner is one of the longest-serving investment advisers working in Indianapolis. Tanner spoke with IBJ's Norm Heikens about why he shifted to City Securities, his brush with convicted Ponzi scheme operator Bernard Madoff, and how his investment strategy has changed.
Experts are split over whether runup in precious metal is a classic bubble.
Indiana among those rolling out new, less-risky 529 plans to attract savers wary of losing money in the stock market.
Owner Chuck Mack says popular tavern and restaurant Moe & Johnny’s, open in Broad Ripple since 1996, is in no danger of closing despite the Chapter 11 filing.
Benchmarking has exploded with the industry’s propensity to slice and dice and categorize every segment of the overall investment pie.
Fixing schools won’t be easy, but it begins with an honest realization of the problem—not mendacious malarkey.
Court papers reveal officers and directors of the holding company for the failed Columbus-based bank will soon be defendants in a $40 million suit.
Homeowners Dwayne Ransom Davis and Melisa Davis sued last month in Indianapolis, claiming Bank of America “routinely” submitted perjured affidavits to support foreclosures. They lost their Knightstown home last year.
The investment is from a San Francisco-based firm and follows a $22.5 million investment the company received in October from multiple investors.
Senior vice president Paul A. Marsh will take over for Richard J. Rice, who has been president of the credit union since 1987.
The penalty stems from charges that Citigroup Global Markets failed to monitor a former agent accused of working with Robert Nelms, who was sentenced in May for securities fraud involving a $24 million cemetery trust fund operated by Indianapolis-based Memory Gardens Management Corp.
West Virginia Attorney General Darrell McGraw said Monday that the money will be used to compensate customers of Indianapolis-based Preferred Financial Solutions Inc., doing business as CCR Now or Credit Card Relief Now.
The grant from JPMorgan Chase Foundation clears the way for construction of the Chase Near Eastside Legacy Center.
Citigroup Capital Markets retail analyst Kate McShane has Finish Line near the top of her list of potential leveraged-buyout candidates.
