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Politics : Ask Michael Burke

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To: yard_man who wrote (31832)	8/28/1998 5:00:00 PM
From: Cynic 2005	Read Replies (1) of 132070

Read this <<In addition, Morgan has provided financing to non-Russian institutional investors and investment funds to invest in Russian assets. These financings are substantially supported by cash and U.S. Treasury collateral. >> Go figure! We have a direct exposure of $160 million (perhaps they will get 5 cdnts on the dollar) and then the indirect exposure is "substantially" supported by cash and US treasury collateral. How much margin they allowed in Russia? -MMV

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