Complex bond schemes haunt Indy, other cities
The city is just beginning to digest the news that came out of left field regarding Indianapolis Water Co.’s bond transaction gone wild.
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Beyond being a great investor, Buffett writes wittily and well
One of the greatest investors of all time, Warren Buffett is always refreshingly candid and informative in his letters to investors, and 2008’s 21-page missive is no exception.
Conseco’s Prieur, others suffering steep losses on purchase of shares
Conseco CEO Jim Prieur keeps putting his money where his mouth is, purchasing more than a half-million shares of his company’s stock over two years.
Erosion of capitalism undermines market
A healthy economy can only be sustained under a true free-market capitalist society of producers and savers.
Skarbeck: Shareholders must hold fiduciaries’ feet to the fire
The economic downturn has provided shareholders an opportunity to press for change
on a variety of corporate governance issues.
Foreclosure investors shift to buy-and-hold strategy
Instead of buying and selling, investors with ready cash are buying houses at substantial markdowns, turning them into rental
properties and sitting tight until the market improves.
Stocks are looking better, but keep your eyes open
Stop paying attention to the news and keep in mind that the stock market is only a tool for you to use to make money.
Banking system’s history should help ease fears
Since people must have confidence in the financial system for it to function properly, it is incumbent upon our leaders to
take action and assure the people their money is safe.
Medical, tech entrepreneurs launch matchmaking effort in life sciences
Three entrepreneurs from the medical and software realms are herding angels to invest in upstart life sciences companies in
Indiana.
Investment losses leave Conseco searching for $400M in horrible environment to raise capital
Without fresh capital â?? or loosened debt obligations â?? Carmel-based Conseco could find itself in bankruptcy or looking
for a buyer or both.
Market signs finally better, but don’t get too excited
I don’t think this bear can last another 17 months, because if it did, it would have a longer life than the greatest bear
market in our history.
529 Plans remain solid vehicle
Indiana’s CollegeChoice 529 Plans offer a number of great investment options to save for children’s college costs.
Look beyond emotions when investing
As Ben Graham said in his Mr. Market allegory: “The market is there to serve you, not guide you.”
PERF confusion
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.
With market still falling, cash remains good choice
Since late September 2007, I have screamed about sitting in cash and, for the last few months, buying a little gold.
Indiana Public worker, teacher funds have lost $8B in 15 months
The state’s two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive
director and board.
With bear market raging, are stocks priced right?
Looking past all the bad news, a forward-thinking investor should be asking: Just how cheap are U.S. stocks?
Seasoned stock pros size up slump
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.
Gold at $1,000 an ounce
The gold hawkers are right, at least for now. Gold has been a better investment than stocks, bonds and
other conventional places to park moneyâ??hitting $1,000 an ounce today.
That signals investors are nervous about prospects for the economy…
A showy millionaire faces spate of lawsuits
A recent spate of lawsuits, filed by a who’s who of Indianapolis businessmen, exposes cracks in Tim Durham’s veneer of opulence.