Merrill Lynch, the firm lost $8bn and the chief executive had to go ...
Story date: 2007-10-29 08:36:00
Added on: 2007-10-29 23:58:50
Guardian Unlimited - ... high as $159m (£77m) after a risky strategy of betting billions on American mortgage ... culture and was far from straightforward when the bank's hefty punts on the credit ... Not bad for a man who grew up in a one-room wooden farmhouse. "It's pretty cool ...
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