Savage business: what has become of Enron's former directors? (Gazette).
American Prospect, The, June, 2002 by Green Joshua
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FRANK SAVAGE'S RECORD IS appalling, even by the standards of Enron board members. He is a director of the investment firm Alliance Capital Management (he also chaired one of its divisions), which until recently was Enron's largest institutional investor. Alliance was nearly the last to get out of Enron: The firm bought large blocks of stock on August 15, 2001--the day after CEO Jeffrey Skilling resigned--and continued to buy even after Enron's October 22 announcement that it was under investigation by the Securities and Exchange Commission (SEC).
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By the time Alliance sold its ...
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