You are not discrediting anything by repeatedly pointing out one company defaulted while the other companies interest payments made the loan program profitable overall as well as having created thousands of jobs.
Your alternative characterizations of what has happened doesn’t not change what happened.
Try putting the shoe on the other foot with how you would feel if the Government bailed out a Trump business, it went bankrupt, and taxpayers lost $500,000,000?
Saving jobs at nearly a million per person is not the most efficient way of going about it. A temporary Government subsidy of, say $10,000 per worker per year, would likely get the desired economic results after, perhaps, two years when the economy recovered. That is $20,000 per worker instead of almost a $1,000,000. Even doubling the total subsidy paid to $40,000 per job saved is a far better deal than what the Obama Administration did.
Importantly, the seriousness of the recession was caused by excessive financial institution risk taking and outright fraud brought on by inappropiate removal of long established financial safeguards. Bush deserves much of the blame on that, in my opinion.
Ethics, experience and knowledge in a wide variety of subjects, access to the best talent, and a well thought out and comprehensive plan are requirements for effective governance. Unfortunately, Americans and the world for that matter, have suffered because at least one of these elements have been missing with our political leadership spaning many Presidential terms.