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: 05.30.2014

Motley Fool Money: 05.30.2014

Apple buys Beats.  Michael Kors reports some fashionable numbers.  And Google unveils its latest self-driving car.  Our analysts discuss those stories and share some stocks on their radar.  And actor, comedian, and podcaster Adam Corolla talks about his new book, President Me. Learn more about your ad choices. Visit megaphone.fm/adchoices

30 Mai 201439min

Motley Fool Money: 05.23.2014

Motley Fool Money: 05.23.2014

AT&T announces plans to buy DirecTV.  AstraZeneca rebuffs Pfizer.  And Urban Outfitters hits a 52-week low.  Our analysts discuss those stories and share three stocks on their radar.  Plus, corporate governance expert and film critic Nell Minow talks CEO pay and summer movies.   Learn more about your ad choices. Visit megaphone.fm/adchoices

23 Mai 201439min

Motley Fool Money: 05.16.2014

Motley Fool Money: 05.16.2014

Freakonomics co-author Stephen Dubner talks about his new book, Think Like a Freak.   And our analysts discuss Wal-Mart, Coca-Cola, SodaStream, and some of the week's other business news. Learn more about your ad choices. Visit megaphone.fm/adchoices

16 Mai 201439min

Motley Fool Money: 05.09.2014

Motley Fool Money: 05.09.2014

Disney reports big earnings. Whole Foods tumbles.  And Activision Blizzard raises expectations.  Our analysts discuss those stories and share three stocks on their radar.  Plus, Motley Fool CEO Tom Gardner talks with Malcolm Gladwell, author of David and Goliath: Underdogs, Misfits, and the Art of Battling Giants. Learn more about your ad choices. Visit megaphone.fm/adchoices

7 Mai 201439min

Motley Fool Money: 05.02.2014

Motley Fool Money: 05.02.2014

The government reports surprising employment numbers. Ford and Yum name new CEOs. LinkedIn fails to connect. And Coach falls out of fashion. We discuss those stories and talk creativity with Pixar President Ed Catmull. Learn more about your ad choices. Visit megaphone.fm/adchoices

2 Mai 201439min

Motley Fool Money: 04.25.2014

Motley Fool Money: 04.25.2014

Our analysts discuss earnings news from Apple, Amazon, Facebook, Ford, McDonald's, Netflix, and Starbucks.  And CNBC host Becky Quick previews the Berkshire Hathaway annual meeting. Learn more about your ad choices. Visit megaphone.fm/adchoices

25 Apr 201439min

Motley Fool Money: 4.18.2014

Motley Fool Money: 4.18.2014

Is high-frequency trading a threat to individual investors?  On this week’s show, best-selling author Michael Lewis talks about his new book, Flash Boys:  A Wall Street Revolt. Learn more about your ad choices. Visit megaphone.fm/adchoices

17 Apr 201439min

Motley Fool Money: 4.11.2014

Motley Fool Money: 4.11.2014

The Nasdaq records its worst day in more than two years. eBay and Carl Icahn decide to play nice. And Panera's CEO compares his restaurant to a mosh pit. Our analysts discuss those stories and share three stocks on their radar. Plus, Motley Fool columnist Morgan Housel shares his insights on market volatility, portfolio diversification, and T. Boone Pickens. Learn more about your ad choices. Visit megaphone.fm/adchoices

11 Apr 201439min

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