True American Folk Hero
By John Kelley
While most folks on the bottom get the shaft, Bernie Madoff made it big. Madoff started his firm with $5,000 in 1960 at 21 years old. He supposedly earned it from installing sprinklers and working as a life guard, a pretty daunting task at 1960 wages even in Long Island. Bernie has now admitted to swindling rich folks out of $50 billion. Now if any of these people had any idea of how hard it would have been to save $5,000 in 1960 at those kind of jobs they never would have invested with him to start with.
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