By Jack Kim SEOUL (Reuters) - South Korean President Park Geun-hye, tears rolling down her cheeks, formally apologised on Monday for a ferry disaster that killed about 300 people, mostly school children, and said she would dismantle the coast guard for failing in its duties. Park has been hit hard by an angry nationwide outcry over the government's response to South Korea's worst civilian maritime disaster in 20 years and the seemingly slow and ineffective rescue operation. Polls show support for Park has dropped by more than 20 points since the April 16 disaster.
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