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Looking back on his eight years in the White House, President George W. Bush said he was "unprepared" for war and pinpointed incorrect intelligence that Iraqi President Saddam Hussein had weapons of mass destruction as "biggest regret of all the presidency."
The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the the economy collapsed, bucking to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.
By the time a CIA briefer gave President Bush the Aug. 6, 2001, President's Daily Brief headlined "Bin Ladin Determined to Strike in US," the president had seen a steady stream of alarming reports on al Qaeda's intentions.
Vital measures to protect New Orleans from "catastrophic" hurricane damage were scrapped by the Bush administration to pay for its wars on terror and in Iraq, despite official warnings of impending disaster.
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