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House of Cards

If you missed CNBC’s original documentary “House of Cards” when we first discussed it, it’s airing again and definitely worth seeing. CNBC correspondent David Faber investigates the origins of America’s sub-prime mortgage crisis, with first person accounts from home buyers, mortgage brokers, investment bankers and investors – most of whom let greed blind them, leading to the greatest financial collapse since the Great Depression. It airs Wednesday night at 8 pm.

Mayor Wants Indianapolis To be Most Livable City In America

“Indianapolis is on the cusp of a potential fiscal and infrastructure crisis unlike any other in our lifetime,” Mayor Greg Ballard said.

Mayor Ballard wants to make Indianapolis the most livable city in America. He shared that vision during his second state of the city address Saturday morning, but he also talked about the many challenges in getting there.

Ballard said, “with an eye on the future, we are working now to make Indianapolis America’s most livable big city.”He also announced plans for a new infrastructure advisory commission to “identify and review a wide range of creative solutions to fund our most critical infrastructure needs.”

The mayor said the city needs money to fix its streets. “The state of our roads and bridges is nowhere near acceptable. Our city’s infrastructure is crumbling,” he said.

Balfour Beatty Acquires RT Dooley

Balfour Beatty Construction U.S. has acquired RT Dooley Construction Co. of Charlotte, NC for an undisclosed sum.

Balfour Beatty Construction U.S. is a division of U.K.-based Balfour Beatty plc, a construction, engineering and investment services business with annual revenue of more than $14 billion. The company’s Charlotte-based southeast division has a strong presence in military housing, education and other public-sector markets.

RT Dooley is a family-owned firm that recorded revenue of $306 million last year. It specializes in building corporate headquarters, business interiors and infrastructure.

RT Dooley is now part of Balfour Beatty’s southeast division, which is headed by Robert Hambright.

Because of the complementary nature of the companies’ businesses, no staff cuts are planned.

RT Dooley will remain at its current location, operating under its own leadership team with relative autonomy.

Greg Sitek

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