The suit against Laikin, a longtime friend of Fair Finance CEO Tim Durham, is the first major legal move to untangle the morass
of related-party loans that propelled the company into insolvency.
The troubles at U.S. Rubber Reclaiming demonstrate the challenges a bankruptcy trustee faces in trying to recover money for
investors.
The country started off as a dump for prisoners and other unwanted British citizens, but it has evolved into a modern-day
paradise.
Dozens of people in the Indianapolis area have the potential and the interest to become angel investors in the next few years.
A wave of up-and-coming angel investors in the Indianapolis area are quietly accumulating the expertise and thick wallets
necessary to back startups that are at once risky and rich with potential for lucrative returns.
When we left, we were trying to imagine a few of the many obstacles Grace might have encountered as her initial investment grew into $7 million over 74 years.
You know times have changed when the head of Indianapolis’ main investment bank can identify with the Tea Party movement.
Until a bull market reaches its last stages (the final three to 12 months), there is a general lack of belief that the market
can go higher.
The embattled businessman was booked into the Hamilton County Jail following an incident Saturday morning at his Geist Reservoir
home.
The region’s blossoming technology sector is about to get another shot of financial fertilizer. The newly formed Allos
Ventures has raised $20 million from investors and plans to focus on early-stage tech companies.
Back in 1935, she invested $180 in Abbott Laboratories stock and never sold it. This one decision became the entire investment
career of Grace Groner.
CLST Holdings founder Al Goldfield says the company hid a $14 million debt to Verizon Communications Inc. in the years after
he left.
I normally don’t expect complete child-like behavior from heads of state, but every political leader in Europe has been
acting like a little kid trying to run away from the broken window.
Hoosier companies aren’t faring as badly as a key index suggests.
The biker who nearly ran you into the ditch just might be your friendly investment banker.
At the very least, regulators need to get control of derivative trading—transactions need to be more transparent and carried
out on an exchange.
Borrowers from Tim Durham's bankrupt finance company will face heavy-handed collection tactics.
The majority
of the top advisers work for Merrill Lynch, and all but two live in Indianapolis.
A judge has blocked Tim Durham and other directors of Dallas-based CLST Holdings Inc. from dissolving the struggling company
at the close of business Friday. Its largest shareholder hopes to place dissident candidates on the board.
Indiana entrepreneurs weary of hitting dry holes with angel investors and venture capitalists are turning to Chinese investors
who are eager to diversify their portfolios, latch onto American innovations—and take advantage of a federal visa program.
