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Detailed text transcripts for TV channel - FOXNEWS - 20120711:21:08:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120711:21:08:00

That's one thing. if you put money in swiss bank account, you do it for a reason. i don't know what the reason is. >> bob: hedging against the american dollar. >> dana: nice talking point. >> eric: the issue is you are riding it from the i.r.s. for a reason. i don't know what -- >> dana: is it hiding or is it legal putting your money in smart place? >> eric: it's hiding because the swiss do not report to the u.s. i.r.s. there is a reason to do it. i can't figure out -- >> bob: romney's ira is $200,000 a year. it makes him 1,000 years old. how to get ira -- >> dana: are you saying there is some...

Detailed text transcripts for TV channel - FOXNEWS - 20120712:06:08:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120712:06:08:00

Having a swiss bank account is different than having invest in the swiss banks if you have a 401(k) or money manager they may put it in swiss bank. that's one thing. if you put money in swiss bank account, you do it for a reason. i don't know what the reason is. >> bob: hedging against the american dollar. >> dana: nice talking point. >> eric: the issue is you are riding it from the i.r.s. for a reason. i don't know what -- >> dana: is it hiding or is it legal putting your money in smart place? >> eric: it's hiding because the swiss do not report to the u.s. i.r.s. there is a reason to do it. ...