1.   A group of pensioners are sueing the Cheltenham and Gloucester Building Society after losing hundreds of thousands of pounds in a failed investment scheme.

2.   Derek Woodward from Worcester is one of around two hundred pensioners who lost money in the failed investment scheme.

3.   An attorney representing the shareholders, former executives of the failed investment bank Drexel Burnham Lambert Inc., declined comment on the proposed settlement.

4.   Analysts said the failed investment banking experiment could make NatWest and its management vulnerable to a takeover bid.

5.   And nobody likes to report failed investments.

6.   And they hope for a huge settlement from Merrill Lynch, which is being sued by the county for its role in the failed investments.

7.   Anger over failed investment schemes in which many people lost their savings has spilled over into a revolt against Berisha.

8.   Anger over failed investment schemes in which many people lost their savings has spilled over into a revolt against President Sali Berisha.

9.   BNP has signed an agreement for the acquisition from the failed investment bank and is awaiting approval from Hong Kong authorities, they said.

10.   But today NetOptix is mostly shuttered and declared a failed investment.