Saturday, September 03, 2005

Katrina Finance
Louisiana state officials are already talking with Wall Street about plans to rebuild with a massive issuance of municipal bonds.

By Charles Gasparino
Updated: 3:47 p.m. ET Sept. 2, 2005
Sept. 2, 2005 - Even as government officials are scrambling to bring basic services to the people of storm-ravaged New Orleans, state politicians are taking their first, albeit tentative, steps toward drafting a plan to rebuild the city and the state through a massive issuance of municipal bonds, NEWSWEEK has learned.

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