Former basketball players accuse firm of investment fraud
Three Serbian players, two of whom spent time in the NBA, allege Carmel-based Worldwide Associates LLC mismanaged over $12
million.
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Articles
SKARBECK: Finding one last lesson in Grace’s amazing tale
Grace held her investment through many ups and downs in the stock market. But most important to her was that Abbott as a
business continued to thrive, despite the swings in its stock price.
Fair Finance trustee sues Dan Laikin for $19M
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.
Path to Fair Finance funds full of detours, roadblocks
The troubles at U.S. Rubber Reclaiming demonstrate the challenges a bankruptcy trustee faces in trying to recover money for
investors.
HAUKE: There’s little down side to investing Down Under
The country started off as a dump for prisoners and other unwanted British citizens, but it has evolved into a modern-day
paradise.
Some up-and-coming angel investors
Dozens of people in the Indianapolis area have the potential and the interest to become angel investors in the next few years.
Indianapolis set for next wave of angel investors
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.
SKARBECK: How Grace stayed patient under pressure to sell
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.
City Securities chief likes Tea Party
You know times have changed when the head of Indianapolis’ main investment bank can identify with the Tea Party movement.
HAUKE: As a rule, market doesn’t reflect today’s bad news
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.
Fair Finance co-owner charged with domestic battery
The embattled businessman was booked into the Hamilton County Jail following an incident Saturday morning at his Geist Reservoir
home.
Big guns behind Allos Ventures tech fund
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.
SKARBECK: Amazing patience paid off for Grace
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.
Mysterious $14M Verizon payable looms over Durham firm
CLST Holdings founder Al Goldfield says the company hid a $14 million debt to Verizon Communications Inc. in the years after
he left.
HAUKE: Greece should own up to its spending habits
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.
Why Indiana stocks are lagging
Hoosier companies aren’t faring as badly as a key index suggests.
Gonzo BMW riders
The biker who nearly ran you into the ditch just might be your friendly investment banker.
SKARBECK: Financial reform should start with derivatives
At the very least, regulators need to get control of derivative trading—transactions need to be more transparent and carried
out on an exchange.
Fair Finance trustee to make life tough for people on loan list
Borrowers from Tim Durham's bankrupt finance company will face heavy-handed collection tactics.
Barron’s magazine names state’s best financial advisers
The majority
of the top advisers work for Merrill Lynch, and all but two live in Indianapolis.