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Mellon’s First-Quarter Performance Significantly Ahead Of Corresponding Fourth- and First-Quarter 2001 Results (PR Newswire)

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...The impact of equity and fixed income market levels was relatively minor as represented by the S&P 500 Index, which was unchanged compared with Dec. 31,...... recorded in the fourth quarter each year; the fourth quarter 2001 $222 million fair value adjustment of venture capital investments; and the fourth quarter 2001 $57 million loss on disposition...... excludes the effect of performance fees. (c) Also excludes the fourth quarter 2001 fair value adjustments of venture capital investments and the loss on disposition of large corporate loans and commitments....

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