Bush makes 'personal' losses due to financial crisis

US President George Bush says he’s confident his own personal financial accounts have lost money in the financial meltdown, but won’t find out for sure until he leaves office.

US President George Bush says he’s confident his own personal financial accounts have lost money in the financial meltdown, but won’t find out for sure until he leaves office.

In an interview with CNN’s Larry King, the president said his money was in a blind trust and that he last spoke with the trustees eight years ago.

Mr Bush said he had “no earthly idea” how much he and first lady Laura Bush have lost in the market slump, but that he was confident they had lost money.

Asked what part of the responsibility for the financial meltdown rests on his shoulders, Mr Bush defended his decisions on the financial system rescue plan and bailouts.

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