How Banks and Companies Are Making A Killing With BOLI and COLI with Barry Dyke

<p>The media won't report this…. BUT Banks and Corporations own Life Insurance!</p><p>In today's <strong><em>Better Wealth Episode,</em></strong> I had the pleasure of bringing back Barry Dykes for his second interview on the podcast as he discusses BOLI (Bank owned life insurance), de-risking using life insurance, and invasion of the communist funds: the passive funds. Listen as Barry dives deep and reveals some amounts of life insurance owned by some big banks, why it is most banks Tier One Capital, and why life insurance is one of the best assets banks can own. We discuss COLI (Corporate Owned Life Insurance) and how companies are using life insurance to de-risk and risk management. We also discuss passive investing and why Barry calls it the invasion of communist funds. I even ask him a question about Bitcoin. Barry encourages listeners to really research and learn on how things like this really work.&nbsp;</p><p><strong>#BETTERWEALTH</strong></p><p><br></p><p>For more information on BetterWealth or the content you hear on the Podcast visit us at <a href="http://www.betterwealth.com/podcast" rel="noopener noreferrer" target="_blank"><strong>www.betterwealth.com/podcast</strong></a>.</p><p><br></p><p><strong><u>Episode Links &amp; Resources:&nbsp;</u></strong></p><p><a href="https://betterwealth.captivate.fm/episode/the-pirates-of-manhattan-with-barry-dyke" rel="noopener noreferrer" target="_blank"><strong>Episode #132: “The Pirates of Manhattan” with Barry Dykes</strong></a></p><p><a href="https://www.fdic.gov/" rel="noopener noreferrer" target="_blank"><strong>FDIC: Federal Deposit Insurance Corporation</strong></a></p><p><a href="https://louisville.edu/law/library/special-collections/the-louis-d.-brandeis-collection/other-peoples-money-by-louis-d.-brandeis" rel="noopener noreferrer" target="_blank"><strong>Other People’s Money by Louis D. Brandeis</strong></a></p><p><a href="https://www.amazon.com/Requiem-American-Dream-Noam-Chomsky/dp/B01DL350MA" rel="noopener noreferrer" target="_blank"><strong>Requiem fo