Coast Guard watchstanders also conducted Automated Mutual Assistance Vessel Rescue ( AMVER ) and Automatic Identification System (AIS) callouts to identify and notify commercial vessels transiting in the vicinity of the distress.
Wachovia, Washington Mutual and Merrill Lynch were pushed into rescue mergers with other banks, Lehman Brothers collapsed, and mortgage lenders Fannie Mae and Freddie Mac were basically taken over by the government.
Dimon was called to aid in the rescue of Bear Stearns earlier this year and the takeover of Washington Mutual 's assets and deposits after its collapse in September.