Detailed text transcripts for TV channel - FOXNEWS - 20120121:10:38:00
Hurricane and the money is gone. >> i can't understand why the rest of the medias is talking about it. you focused on the issue. why wouldn't he put his money there? the answer is he gets to defer faxes on the money that is in a trust in the cayman islands earning interest as he is invistad over the years. >> so when he -- defer means that he doesn't have to pay taxes until he withdraws that money? >> correct. right. >> bill: takes it back to the u.s.a. or starts to spend money off the account, right? >> yes. >> bill: kind of like an ira then? or kayman auburn hills? >> there you go. cira. >> ...