Badlands Book Club: The Creature From Jekyll Island - Chapter 3, Part 2
CannCon and Ashe in America close out Chapter 3 of G. Edward Griffin's The Creature from Jekyll Island and the hits keep coming. Continental Illinois triggers the world's first electronic bank run, and the FDIC quietly covers 96% of uninsured deposits while small banks down the street get shut down the same week. The chapter then jumps to 2008: Fannie Mae, Freddie Mac, AIG, TARP, the auto bailouts, and the Merrill Lynch forced merger. Henry Paulson engineers the demolition of his Goldman Sachs rivals while protecting his alma mater. Banks announce they "repaid" loans using other government…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.