In memoir, Bush defends auto bailout to safeguard American jobs
Then-President George Bush makes a statement on assistance for Detroit automakers from the Roosevelt Room of the White House on Dec. 19, 2008. GM and Chrysler received $13.4 billion in initial government loans to keep operating in exchange for a restructuring under a rescue plan announced by Bush. The former president is defending the loans in a new memoir. (Bloomberg/BLOOMBERG NEWS)
