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News Flash - Spitzer May Hit Alliance, Deutsche Bank Next

Alliance Capital and Deutsche Bank are two other giants that New York's top regulator may come down on next, according to reports last week.

New York and the SEC are investigating whether Alliance permitted Canary Capital Partners and Las Vegas trader Daniel Calugar to market time its funds - and may press charges. Calugar reportedly moved more than $100 million in and out of Alliance Capital funds in return for investing $20 million in some of Alliance's hedge funds.

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