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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (25257)8/27/1998 8:10:00 AM
From: Arik T.G.  Read Replies (5) of 94695
 
All,

The Bloomberg lists Bank of New York (BK) as a holder of 161MM common stocks (24%) of LUKoil (LKOH$), a Russian company which went from $24 to $4 (last trade $3.75) this year. I wonder at what price this investment is written in the bank's books.

ATG
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