The federal government on Monday morning dropped a high-profile civil lawsuit seeking to seize Tim Durham’s assets after
receiving
assurance they wouldn’t vanish.
Fair Finance Co. remained closed Monday morning, adding to the anxiety of Ohioans who have purchased about $200 million of
the company’s investment certificates.
A survey shows wealthy investors are targeting real estate. But what about Indianapolis?
Any case federal prosecutors pursue against Tim Durham or his associates likely would revolve around what his Fair Finance
Co. disclosed—or didn’t disclose—to potential investors, legal observers said.
Ohio securities regulators say Tim Durham’s Fair Finance Co. won’t be permitted to sell additional investment certificates
unless it satisfactorily answers a series of questions about the company’s ability to pay them back.
The market often stays wrong much longer than the early investors stay solvent.
Faced with the potential for another bout with stagflation, investment managers are scrambling to decide how to face a future when markets may again be thrown into turmoil by the two-headed monster of frisky price increases and crummy economic conditions.
Secretary of State Todd Rokita has relied on fines and fees to greatly increase his office’s firepower without a tax hike.
Making investment decisions based on where a stock price has been in the past or betting on where it may go in the future is futile and foolish unless the investor has determined the value of the stock.
Major stock indexes rose as much as 2 percent, including the Dow Jones industrial average, which jumped 203 points.
The early signs point to meek efforts by the Obama administration to address gaping regulatory issues.
Indianapolis businessman Tim Durham has treated Ohio-based Fair Finance Co. almost like a personal bank since buying it seven
years ago, and now he, his partners and related firms owe it more than $168 million, records show.
Money will help the company refine its tool to treat acute kidney injury.
If I were working with the SEC, I would exercise some caution before issuing new regulations about these dark pools.
The financial media have the corks ready to pop as the Dow Jones industrial average re-crosses what pundits claim is the â??psychologically importantâ?? 10,000 level.
The Dow Jones industrial average is back above 10,000 for the first time in a year.
Shares of Carmel-based life insurer soared as much as 26 percent, to $6.30 apiece, in morning trading after New York-based
Paulson & Co. agreed to buy $78 million in Conseco stock and $200 million in company bonds.
An indicted Indiana money manager plans a book about an attempt to flee mounting personal problems that ended with him parachuting
from a plane that later crashed into a Florida swamp.
Transactions cited in the complaint involved advisers scattered across the firm’s seven Indiana offices, though two-thirds
were clients of Jeff Cohen.
The two largest stock market crashes occurred in October.
