Reply #6: there is even a: Alliance Capital Fraud Infocenter

[salin]

http://www.alliancecapitalfraudinfocenter.com/information.php

Alliance Capital Fraud Information
Alliance Capital Management Fraud

Alliance Capital Management is a research and investment management firm that serves individual and institutional investors. Among its clients are banks, insurance companies, pension funds, foundations, and affluent investors.

Why is Alliance accused of fraud?
Alliance Capital Management was the mutual fund manager for the Florida state pension fund until it was fired for losing over $300 million of the fund’s money, primarily on Enron stock. While this loss actually made up a relatively small percentage of the $94 billion pension fund, the state is questioning Alliance’s integrity and competence. Alliance also invested significant amounts of its clients’ money in Tyco stock. Both Enron and Tyco have been rocked by financial and accounting scandals that have sent their shares plummeting. Early warning signs of trouble did not dissuade Alliance from making investments in either company.

much more - from front page of the site.