Schauf claimed, with no evidence, and contrary to the actual evidence, that the fed is owned by 10 banks. A good chunk of those 10 don't and didn't exist. Schruf accompanied those claims with an inaccurate description of how the fed works and where profits go.

Henderson repeats this uncritically and also recycles unevidenced claims about the identity of the ruling families from Fritz Springmeier.

Henderson can be useful in collating other sources - if you actually check his sources. But there are better authors to read than Henderson on every issue he touches.