Episode 72 • • 25:49 - 28:38
72: Obama Denver & the New World Order
Zombie Banks, FDIC Nationalization and AIG Fraud
The term "zombie banks" is used to describe insolvent institutions like Citibank that have negative assets but continue to receive government funds. Critics argue these banks should be nationalized or closed by the FDIC, noting that AIG is under investigation for fraud in Great Britain while receiving billions in U.S. aid.