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Hurricane Gustav

New Orleans faces mayoral election

By Andrew Ward in New Orleans

Published: May 19 2006 17:44 | Last updated: May 19 2006 17:44

When Ray Nagin addressed a meeting of financial services professionals gathered in New Orleans for a conference this week, he left them with a piece of advice.

?Before you leave, buy some dirt,? the mayor told his audience. ?Because New Orleans is going to experience the biggest economic boom this country has ever seen.?

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