Audit: Fannie-Freddie Ignore Billions in Write-Offs
Aug. 19 (Bloomberg) -- Bloomberg chief Washington correspondent Peter Cook reports that a government auditor has found that Fannie Mae and Freddie Mac are ignoring billions of dollars in potential losses on delinquent loans as they adopt a new accounting system. He speaks on Bloomberg Television's "In The Loop."
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Polls Got the French Election Mostly Right
57:02 - Centrist Emmanuel Macron and far-right nationalist Marine Le Pen won the first round of the French presidential election, triggering a runoff on May 7 between two radically different visions of the country’s future. Bloomberg's Markus Karlsson reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)