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Iacocca endorses Romney

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U.S. Republican presidential candidate Mitt Romney addresses supporters during a campaign rally at a local business in Las Vegas, Nevada May
U.S. Republican presidential candidate Mitt Romney addresses supporters during a campaign rally at a local business in Las Vegas, Nevada May

WASHINGTON (WKZO) -- The former CEO of Chrysler is backing Mitt Romney's presidential bid.  Lee Iacocca endorsed the Republican nominee Thursday, saying his experience both running businesses and as governor of Massachusetts make him the better candidate.  Iacocca rescued Chrysler in the early 1980s, thanks to a government bailout in 1979 of 1.2-billion dollars.

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