While The Big Three And The UAW Are Being Squeezed To Death.
If you need more proof that the United States is just a banana republic with its elites ensconced on Wall Street, look at the story that broke yesterday about Bernie Madoff, a revered fixture on Wall Street for over 40 years, former chairman of the Nasdaq Stock Market, and founder/owner of Bernard L. Madoff Investment Securities LLC, which up until yesterday Bernie described on the company website thusly:
"In an era of faceless organizations owned by other equally faceless organizations, Bernard L. Madoff Investment Securities LLC harks back to an earlier era in the financial world: The owner's name is on the door. Clients know that Bernard Madoff has a personal interest in maintaining the unblemished record of value, fair-dealing, and high ethical standards that has always been the firm's hallmark."
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