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Roger Palley

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BUSINESS
October 22, 1990 | John O'Dell, staff writer
The economy is slumping, the stock market is anemic, real estate is losing value and the days of high-yield bank and savings and loan deposits are gone. So what's left on the investment front? Roger Palley thinks there still are opportunities out there. It is not the best of times, says the founding partner of Palley-Needleman Asset Management, but neither is it the worst.
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BUSINESS
October 22, 1990 | John O'Dell, staff writer
The economy is slumping, the stock market is anemic, real estate is losing value and the days of high-yield bank and savings and loan deposits are gone. So what's left on the investment front? Roger Palley thinks there still are opportunities out there. It is not the best of times, says the founding partner of Palley-Needleman Asset Management, but neither is it the worst.
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BUSINESS
December 30, 1996
Dennis Rodman's money manager is thinking about joining a new lineup. Palley Needelman Asset Management Inc., the Newport Beach money management firm that handles the Chicago Bulls star's fortune, reportedly is being pursued by Boston-based United Asset Management. If a deal is struck, United Asset is expected to pay $60 million to $80 million for Palley Needelman, says one person familiar with the talks. A United Asset spokesman declined to comment on any talks between the firms.
BUSINESS
August 23, 1997 | JOHN O'DELL, TIMES STAFF WRITER
A trio of principals at one of Southern California's largest investment management firms bolted from the firm Friday to form a rival company. The three left Newport Beach-based Palley-Needelman Asset Management Inc., a nearly $5-billion portfolio manager whose clients include basketball bad boy Dennis Rodman, to form a subsidiary of Metropolitan West Securities Inc., a Los Angeles investment firm headed by former state Treasurer Thomas Hayes.
BUSINESS
February 17, 2012 | By Joel Stonington
U.S. stocks rallied amid more evidence of a U.S. economic recovery and hopes of a new Greek bailout, sending the Dow Jones industrial average to one of its best days this year. The Dow rose to within 100 points of the psychologically important mark of 13,000, a level last reached in May 2008. Economic data released Thursday showed that the number of people filing for unemployment claims fell last week, while the number of homes under construction rose. The reports helped paint a more upbeat picture about the economy that put Wall Street in a buying mood.
NEWS
October 28, 1997 | E. SCOTT RECKARD and LESLIE EARNEST, SPECIAL TO THE TIMES
Monday's massive stock market sell-off caused jitters all over the world, but many Southern California investors took the free-fall in prices calmly, reaffirming the buy-on-the-dips attitude that has propelled the market mainly upward for years.
BUSINESS
August 2, 1998
* Tom Raimondi has been named to the newly created position of chief operating officer for MTI Technology Corp., an Anaheim data storage management technology company. He will be responsible for worldwide operations for the U.S. and Europe, including engineering, manufacturing, sales, marketing and service. Raimondi, a founder of MTI, had been vice president and general manager. * Gail P. Guge has been appointed vice president of marketing for the Prudential Real Estate Affiliates Inc.
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