Blackwater Worldwide, the private security firm accused of killing 17 civilians in Baghdad that fears a loss of favor in Washington, is seeking a financial backer after talks with Cerberus Capital fell through. The North Carolina-based private army said that it needed financing to expand its operations and is thought to be looking for about $200 million. "Theirs is nearly all US government work," a defense industry source said, "and if that goes they are in trouble."
