Tuesday, November 24, 2009
FBI Raids Offices of Indianapolis Businessman Tim Durham
This picture on IBJ's home web page shows an FBI truck parked outside the Monument Circle offices of businessman Tim Durham's Indianapolis-based leveraged-buyout firm, Obsidian Enterprises.
I went to law school with Tim Durham. He was either valedictorian or close to it. I assisted Tim in his high class ranking by providing the foundation upon which his stellar academic ranking was achieved.
I did not know Tim terribly well in law school. He was a personable enough guy, easy to talk to. My classmates and I thought it was rather odd though when Tim, a single man in his mid-20s, suddenly started dating and quickly married an older, not overly attractive woman, who already had children. That older woman though happened to be the daughter of then City-County Council President and business tycoon Buert Servaas. When Tim parlayed that relationship (before it crashed and burned in a bitter divorce) and the connections it brought, into the opening of a business empire, my classmates and I understood Tim's strategy. He married to get ahead. Silly us. My classmates had thought hard work and being good lawyers would be our tickets to success. Tim though knew though relationships were more important to one's success.