Treasury wants to protect savings — and some market leaders are responding favourably.
The political turmoil aside, there are positive signs that the country is heading for better times.
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/ 30 October 2007
The head of the Wall Street investment bank Merrill Lynch was on Monday night negotiating a severance package tipped to be as high as -million after a risky strategy of betting billions on American mortgage-backed securities came disastrously unstuck.