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Last Modified: 24 Jul 2008
By: Channel 4 News

...and now it's got a hangover. The question is how long it will take to sober up.'

He asked for the cameras to be switched off but somehow the remarks President Bush made at a fundraising dinner last week have emerged on a television station in Texas.

The comments, captured on a a mobile phone, show George W Bush's unusual analysis of the global financial crisis, which the White House called "just a more colourful way" of saying what he'd said before.