AC: Alliance Capital Mgt Hldg Message Board

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Non-Tech : AC: Alliance Capital Mgt Hldg

AC 37.05

+1.3%

Oct 24 9:30 AM EDT

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From: Skeet Shipman	2/13/2002 4:49:57 AM
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Wall Street Crooks keep coming back unless you bar them from participating. The Alliance Capital fund investors want to get rid of Savage. Savage, the chairman of New York-based Alliance Capital Management and an Enron director since 1999, was reelected to Qualcomm's board at a shareholder meeting in San Diego. He has been a Qualcomm director since 1996 and was backed by company founder and Chief Executive Irwin Jacobs. Labor union AFL-CIO and California's public employee retirement plan CalPERS, the nation's largest, had wanted Savage dropped from Qualcomm's board because he served on the Enron board that approved off balance sheet partnerships and fraudulent accounting. I'll be voting to remove him from Alliance Capital!

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