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TIAA CREF INVESTMENT MANAGEMENT LLC
> AFN
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2008 | Cohen & Co Inc. | AFN | 2,831 | 0 | 3,000 | -3,000 | $1.06 |
| 06/30/2008 | Cohen & Co Inc. | AFN | 2,831 | -362,552 | 6,000 | -1,046,000 | $2.12 |
| 03/31/2008 | Cohen & Co Inc. | AFN | 365,383 | 47,700 | 1,052,000 | 10,000 | $2.88 |
| 12/31/2007 | Cohen & Co Inc. | AFN | 317,683 | 317,683 | 1,042,000 | 1,042,000 | $3.28 |
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