We’re generally supportive of a plan to merge the state’s two largest public pensions in an effort to save money, but it’s
hard to know exactly what to think considering the lack of detailed information available about the performance of the funds.
I am not at all sure that a merger of two public pension plans is not a good idea, possibly just not under current investment management auspices.
Experts worry that if unemployment worsens, even more companies could be forced to cut benefits, especially health insurance.
PNC CEO James Rohr, 60, recently sat down with IBJ to discuss the merger between PNC
Financial Services Group Inc. and National City Corp., as well as the recession and PNC’s strategy.
Henri and Shelley Najem, who own The Bella Vita restaurant in Geist, represent the scores of Indiana restaurant operators
feeling financial pressure, given the severe economic slump.
The state’s two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive
director and board.
Markets, no matter how imperfect, not government programs, manage the economy.
One of the largest independent survivors of the subprime debacle is staking its future on a real estate appraisal business based in Indianapolis.
When Sen. Chris Dodd decided to wage war on corporate excess, he had Wall Street fat cats in his sights, not people like Bob Jones, the folksy CEO of Old National Corp. in Evansville.
Looking past all the bad news, a forward-thinking investor should be asking: Just how cheap are U.S. stocks?
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.
These businesses have received loans from financial institutions with a guarantee from the SBA.
A recent spate of lawsuits, filed by a who’s who of Indianapolis businessmen, exposes cracks in Tim Durham’s veneer of opulence.
It may be that gold is now beginning to reassert itself into the role it was meant to play for manâ??the only true store of value we have ever known.
A group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write
off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse.
Indianapolis-based medical-device startup NICO Corp. has raised $1.73 million from investors.
Free marketers cringe at the thought of government interference, but the fact is that the taxpayer is now a significant shareholder in a number of financial businesses.
ISM Loans is waiting to re-enter markets after halting its lending, changing its leadership and cutting 100 workers.
Society must learn about the history of global markets in order to prevent further financial calamities.
Some local women business owners are encouraged by the election of President Barack Obama and his appointment of a new chief at the Small Business Administration who is thought to be especially interested in the needs of women-owned businesses.
