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Joan Payden

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BUSINESS
November 3, 1999 | JAMES FLANIGAN
What future can there be for Payden & Rygel, a smallish Los Angeles money management partnership, when the entire world of financial management is going global and seems to be consolidating into giants? Possibly a very bright future, but the firm, founded 16 years ago by Joan Payden, will have to be nimble.
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BUSINESS
November 3, 1999 | JAMES FLANIGAN
What future can there be for Payden & Rygel, a smallish Los Angeles money management partnership, when the entire world of financial management is going global and seems to be consolidating into giants? Possibly a very bright future, but the firm, founded 16 years ago by Joan Payden, will have to be nimble.
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BUSINESS
March 9, 1996
"God forbid we create more jobs!" --James Bianco, principal at bond firm Arbor Trading Group * "Today they had to cancel the recession." --Alfred Kugel, investment strategist at Stein, Roe & Farnham * "It's taking on biblical proportions." --Matthew Hand, Bond trader at UBS Securities in New York, referring to bonds' sell-off * "You can say we're a bunch of hysterical manic-depressives." --Hugh Johnson, Chief investment officer at First Albany Corp.
BUSINESS
January 21, 2000 | JOSEPH MENN and DEBORA VRANA, TIMES STAFF WRITERS
The California Public Employees Retirement System, looking to grab more "dot-com" dollars for state workers, is making its largest-ever private investment in a year-old San Francisco merchant bank. CalPERS will spend $100 million for a 10% stake in Thomas Weisel Partners and invest $500 million in several new Weisel-managed funds focusing on new technology, communications and Internet firms. It may commit another $500 million for unspecified new Weisel ventures.
IMAGE
July 11, 2010 | By Ellen Olivier, Special to the Los Angeles Times
So what if 21st century concert-goers are unlikely to pack picnic baskets with fine china, linens and candelabras. When the L.A. Philharmonic launched its summer classical season, the great Los Angeles social tradition of dining at the Hollywood Bowl continued in style. "It's L.A.," said Lakers owner Jerry Buss, in his pool circle box. "As long as any of the L.A. landmarks were here, the Hollywood Bowl was here. It goes back with Grauman's Theatre and Angels Flight." Kate Edelman Johnson — whose license plate reads "K2BOWL" — said she grew up going to the Bowl with her father, producer Louis Edelman, and her mother, Rita.
BUSINESS
January 28, 1996 | KATHY M. KRISTOF, TIMES STAFF WRITER
Every time Congress mulls a major overhaul of the U.S. tax system, the idea of a flat tax comes up. It's simple, economically beneficial and, at least in theory, nearly universally attractive. Why, then, has the flat tax never taken off? Because, for starters, tens of millions of Americans have a stake in maintaining the status quo. They have made decisions that were influenced by the current tax system. They bought houses knowing that they could capitalize on deductible mortgage interest.
BUSINESS
May 5, 1993 | From a Times Staff Writer
Times Mirror Co. Chairman Robert F. Erburu told shareholders Tuesday that the media company is exploring new business initiatives that include interactive technology, niche television programming and expansion in overseas markets. Such ventures are vital to the strategy behind Times Mirror's recent decision to sell its four broadcast TV stations.
BUSINESS
June 20, 2004 | James Flanigan
In a speech to educators a few months ago, Melinda Gates (wife of Bill) quoted a line by the poet William Butler Yeats: "Education is not the filling of a pail, but the lighting of a fire." At Verbum Dei High School in Watts, thanks to a number of businesses in Los Angeles, things are beginning to blaze for the better. All 225 students at the school earn $6,250 a year -- three-quarters of their tuition -- by working a day a week at any one of 48 companies, including insurer Aon Corp.
BUSINESS
July 22, 1997 | RUSS WILES
Payden & Rygel is betting that European stock markets will go to the dogs. The Los Angeles-based investment firm earlier this month introduced a mutual fund that has given the popular "Dow dogs" investment strategy a foreign twist. The new Payden & Rygel European Growth & Income Fund holds 40 of the highest-dividend-paying stocks from Britain, France, Germany and the Netherlands. The idea is to invest in strong yet reasonably priced companies from those four nations.
CALIFORNIA | LOCAL
April 17, 1998 | TED ROHRLICH, TIMES STAFF WRITER
A day after Mayor Richard Riordan endorsed neighborhood councils as a reform in Los Angeles city government, a powerful group of business executives, including some of his closest associates, rejected the idea.
NEWS
March 9, 1996 | JAMES FLANIGAN, TIMES STAFF WRITER
Once again, Wall Street has demonstrated its ability to seemingly defy logic--and infuriate Main Street America. In response to good news Friday that the economy created 705,000 jobs in February, Wall Street sent stock and bond prices tumbling. Investors feared that a stronger economy meant an end to the decline in interest rates that has continued since 1994. Traders feared that reduced unemployment would lead to wage inflation.
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