skeptical but we'll get into the not and bolts of the housing market including fannie and freddie with john pryor of politico in just a bit and exhibit two of the burning the fact our investments and balanced bonds which can allocate between both stocks and bonds they had record levels last month previous such records include one thousand nine hundred four and two thousand and four both in the middle of helping both market but also seeing bond offerings that limit protections for the bond buyers so called the covenant light offerings is it time to jump on board the dancing frame will see finally watch out c.e.o.'s because the security and exchange commission has a new a software that detects financial reporting fraud the new accounting quality model was recently deployed as spearheaded by as you see chairwoman mary jo white and the cohen forcemeat sheaves george kanellos and arrest me who are both devil boys and clinton at the white shoe box firm that defends companies accused of accounting fraud among other things and here is what's in your prime interest. now fannie mae and freddie mac. were ta

primarily driven by record re crediting tax deferred assets to further discuss this i have with me john pryor of politico thanks for having me thanks for joining us so let's talk about this fifty nine billion dollars that fannie and freddie are going to pay to the treasury fifty billion of that is accountable due to deferred tax assets what does this mean what are they and how do they generate so much money right so back in two thousand and eight when these two companies are being taken over by the government they decided to pull in a county maneuver to push out some of the losses they were building up their balance sheets but that the same time they pushed out the tax benefits that they would take on those losses until at some point whenever their accounting group decided they would be profitable enough in the future to cover those losses then they could recognize those benefits in the form of the fifty billion dollars you saw in the last quarter the problem is with fannie and freddie it's hard to know what the future looks like for them because that's entirely up to congress so it's very di

skeptical but we'll get into the not and both of the housing market including fannie and freddie would john pryor a politico in just a bit and exhibit two of the burning the fact our investments and balanced bonds which can allocate between both stocks and bonds they had record levels last month previous such records including one thousand nine.

skeptical but we'll get into the nuts and bolts of the housing market including fannie and freddie with john pryor of politico in just a bit and exhibit two of the burning fact our investments and balanced bonds which can allocate between both stocks and bonds they had a record levels last month previous such records including one thousand nine hundred four and two thousand and four both in the middle of helping both market but also seeing bond offerings that limit protections for the bond buyers so called the covenant light offerings is it time to jump on board the things where i'm. finally watch out c.e.o.'s because the security and exchange commission has a new a software that detects financial.