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(2087)

Motley Fool Money: 09.26.2014

Motley Fool Money: 09.26.2014

Blackberry unveils the Passport.  A giant in the bond business changes teams.  And Apple deals with a new twist.  Our analysts discuss those stories and Motley Fool columnist Morgan Housel shares some of his unpopular opinions.  Learn more about your ad choices. Visit megaphone.fm/adchoices

26 Sep 201439min

Motley Fool Money: 09.19.2014

Motley Fool Money: 09.19.2014

Alibaba works its magic on Wall Street.  FedEx delivers.  And Oracle's CEO steps down.  Our analysts discuss those stories and share three stocks on their radar. Plus, Facebook Effect author David Kirkpatrick talks about the future of Facebook. Learn more about your ad choices. Visit megaphone.fm/adchoices

19 Sep 201439min

Motley Fool Money: 09.12.2014

Motley Fool Money: 09.12.2014

Apple introduces a smartwatch.  Lululemon reports fashionable earnings.  And Activision Blizzard meets its Destiny.   Our analyst discuss those stories and share some stocks on their radar.  Plus, we talk with Adam Tanner, author of What Stays in Vegas:  The World of Personal Data  - Lifeblood of Big Business - and the End of Privacy as We Know It. Learn more about your ad choices. Visit megaphone.fm/adchoices

12 Sep 201439min

Motley Fool Money: 08.29.2014

Motley Fool Money: 08.29.2014

Is high-speed trading a big problem for investors?  On this week's show, we revisit our interview with Michael Lewis, author of Flash Boys: A Wall Street Revolt. Learn more about your ad choices. Visit megaphone.fm/adchoices

27 Aug 201439min

Motley Fool Money: 08.22.2014

Motley Fool Money: 08.22.2014

On this week’s show, Motley Fool CEO Tom Gardner talks with Zillow CEO Spencer Rascoff about the big business of real estate. And we revisit our conversation with Think Like a Freak co-author Stephen Dubner. Learn more about your ad choices. Visit megaphone.fm/adchoices

21 Aug 201439min

Motley Fool Money: 08.15.2014

Motley Fool Money: 08.15.2014

Wal-Mart fails to impress Wall Street. Kate Spade slips. And Noodles & Company leaves investors feeling hungry.  Our analysts discuss some of the week's top business stories.  Plus, Wired Senior Editor Adam Rogers talks about the business of booze.  Learn more about your ad choices. Visit megaphone.fm/adchoices

15 Aug 201439min

Motley Fool Money: 08.08.2014

Motley Fool Money: 08.08.2014

Disney reports big earnings.   Procter & Gamble announces a big move.  And shares of Lululemon rise on insider selling news.  We discuss those stories and Motley Fool analyst Joe Magyer weighs in on value investing, GM, Facebook, and Google.  Learn more about your ad choices. Visit megaphone.fm/adchoices

8 Aug 201439min

Motley Fool Money: 08.01.2014

Motley Fool Money: 08.01.2014

Twitter reports a profit.  Zillow makes a big buy.  And Buffalo Wild Wiings serves up some not so hot earnings.  Our analysts discuss those stories.  And Motley Fool co-founders David and Tom Gardner talk Tesla, Facebook, and market volatility. Learn more about your ad choices. Visit megaphone.fm/adchoices

1 Aug 201439min

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