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Wall Street Seeks Disaster Declaration, FEMA Help

by Scott Ott · 35 Comments

(2008-09-15) — The Bush administration is said to be considering an appeal for a disaster declaration by officials at Lehman Brothers, AIG, Merrill Lynch and other Wall Street firms who said they need the Federal Emergency Management Agency (FEMA) to intervene in the wake of a “Category 5 liquidity crisis.”
A White House spokesman said President [...]

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Tags: Business · U.S. News