Crazy Eddie and the Art of Stock Fraud

Crazy Eddie and the Art of Stock Fraud

Spotting a stock fraud is extremely difficult, but finding some smoke is significantly easier. Founded by Eddie Antar, Crazy Eddie was a chain of consumer electronic stores in the Northeast. After going public in the 1980s, the stock became nearly a ten-bagger before investigators found it to be a fraud. Investors may not have suspected that the retailer boosted profit margins by manipulating a cash skim, but there were some other signs that the soaring stock price didn’t tell the whole story. Ricky Mulvey talked with Gary Weiss, author of “Retail Gangster: The Insane, Real-Life Story of Crazy Eddie” about: - Why investors bought into Eddie Antar’s hype - How criminals save money on sales tax - The eventual downfall of Crazy Eddie Host: Ricky Mulvey Guest: Gary Weiss Engineers: Rick Engdahl, Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(2097)

New Stock Highs, Supply Chain Woes, and Big Tech Insights

New Stock Highs, Supply Chain Woes, and Big Tech Insights

Costco ends the fiscal year on a strong note. Nike struggles with global supply chain issues. Adobe posts record revenue. FedEx cuts full-year guidance. Stitch Fix surprises with a quarterly profit. S...

24 Sep 202139min

Apple’s Latest, Hot IPOs, and the Future of AI

Apple’s Latest, Hot IPOs, and the Future of AI

Apple unveils new iPhones and iPads. Intuit buys MailChimp for $12B in cash and stock. Amazon gets ready to sell Amazon-branded TVs. Coffee retailer Dutch Bros rises 60% on its IPO. Walmart and Ford M...

17 Sep 202139min

High Fashion, Hard Seltzer, and the Business of Football

High Fashion, Hard Seltzer, and the Business of Football

Lululemon shares hit an all-time high on earnings. Dave & Buster’s delivers a surprise. Boston Beer falls on sluggish seltzer sales. And fintech company Affirm soars on strong revenue growth and an Am...

10 Sep 202139min

Fall 2021: Investing Preview

Fall 2021: Investing Preview

The S&P 500, Nasdaq, and Dow Jones Industrial Average have each risen more than 15% so far this year. How should investors feel about the rest of 2021? Which stocks should be on a short leash? What ca...

3 Sep 202139min

Apple’s Concession, Peloton’s Stumble, and Real Estate’s Future

Apple’s Concession, Peloton’s Stumble, and Real Estate’s Future

Apple loosens its rules for app developers. Peloton stumbles on slowing growth. Best Buy and Williams-Sonoma report big earnings. And Dick’s Sporting Goods hits a new high. Motley Fool analysts Emily ...

27 Aug 202139min

Buy, Sell, or Hold?

Buy, Sell, or Hold?

Will Amazon’s department stores be a hit with shoppers? Who is the next CEO to announce retirement? What’s the next big trend in alcohol sales? Maria Gallagher and Jason Moser tackle those questions, ...

20 Aug 202139min

Disney, Airbnb, and The Scout Mindset

Disney, Airbnb, and The Scout Mindset

Disney’s blowout 3rd quarter is fueled by growth in Disney+ subscribers. Airbnb predicts record revenue on the horizon. Unity Software’s 2nd-quarter report calms shareholder concerns. Boston Beer and ...

13 Aug 202139min

Hot Jobs, Square Deals, and Hot IPOs

Hot Jobs, Square Deals, and Hot IPOs

The stock market hits a record high on a stronger-than-expected jobs report. Square buys Australian fintech company AfterPay for $29 billion in stock. Etsy tumbles on earnings. And Weber Grill makes i...

6 Aug 202139min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
lydartikler-fra-aftenposten
rss-borsmorgen-okonominyhetene
finansredaksjonen
pengesnakk
utbytte
tid-er-penger-en-podcast-med-peter-warren
pengepodden-2
morgenkaffen-med-finansavisen
livet-pa-veien-med-jan-erik-larssen
rss-markedspuls-2
okonomiamatorene
lederpodden
stormkast-med-valebrokk-stordalen
rss-investering-gjort-enkelt
rss-finansforum-2
flypodden