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EDITORIAL: Leadership void stymied special legislative session

The legislative session that concluded June 30 with passage of a two-year budget left a bad taste in our mouths. For starters,
legislators lacked the courage to tackle local government reform—even though cash-strapped units of government
desperately need the millions of dollars in savings they would generate. In short, they put political cronyism ahead of the
interests of the state.

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DINING: Backward-named eatery, forward-thinking fusion

Search the Web for Naisa and you may come up with the North American International Auto Show or the Native American and Indigenous Studies Association. Neither has anything to do with the new Naisa Pan-Asian Cafe (1025 Virginia Ave., 602-3708), where the name comes from simply reversing the letters in the word Asian.

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MARCUS: Budget made by rudderless Legislature

If we are lucky, by the time you read these words the Indiana General Assembly will have passed a new budget. Democrats use
tarot cards and Republicans chicken innards to determine how much to spend. There are alternatives.

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SKARBECK: More reforms sought for target-date funds

Target-date mutual funds, a popular investment vehicle in 401(k) plans and college savings plans, have recently come under
scrutiny by Congress and regulators. Investors are in an uproar over the recent poor performance of funds nearing their target
date.

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GUY: What price company leadership?

The folks who control executive compensation are often executives themselves. Boards must realize that their self-dealing,
self-benefiting ways are grossly out of line with the true value of one’s contribution to a business and society.

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KINDELSPERGER: Historical advantages of endowments dive with market

Life has changed in higher education and changed very rapidly. The value of most endowments, just like our portfolios and
401(k)s, has plummeted. Today, institutions with the strongest bottom lines are likely to be those with strong management
and business plans that work in today’s economy.

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KATTERJOHN: Leaders in education primed for success

There’s reason to believe serious progress is coming, due to the people in leadership positions for the state in three key
areas: the Department of Education, the Commission for Higher Education and Ivy Tech Community College.

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VIEWPOINT: CEOs, do you deserve your salaries?

An exaggerated share of the nation’s wealth is paid to CEOs of public companies, their minions and directors, through agreements
made inside boardrooms, by highly compensated individuals who commit shareholders’ money and are not subject to effective
oversight.

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