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(2084)

Motley Fool Money: 12.17.2010

Motley Fool Money: 12.17.2010

Is Facebook Founder Mark Zuckerberg a good choice for Time’s Person of the Year?  What’s been the most undercovered story of the year? What’s been the biggest surprise of the year? And will it be a happy new year for 2010 high-fliers Chipotle and Netflix? In this installment of Motley Fool Money, we answer those questions and talk tech with Forbes Magazine San Francisco Bureau Chief Eric Savitz. Learn more about your ad choices. Visit megaphone.fm/adchoices

17 Des 201039min

Motley Fool Money: 12.10.2010

Motley Fool Money: 12.10.2010

China raises reserve requirements. Netflix gets added to the S&P 500.   Kraft goes to court against Starbucks.  And Howard Stern resigns with Sirius XM.  On this week's show, we tackle those stories and talk about the toy business with industry expert Chris Byrne. Learn more about your ad choices. Visit megaphone.fm/adchoices

10 Des 201039min

Motley Fool Money: 12 03 2010

Motley Fool Money: 12 03 2010

The EU tries to contain the crisis in Ireland. Pepsi scores in Russia.  Google bids for Groupon.  And Abecrombie & Fitch reports some fashionable sales growth.  On this week's show, we'll talk about those stories and talk with Vanguard founder John Bogle, author of Don't Count On It:  Reflections on Investment Illusions, Capitalism, "Mutual" Funds, Indexing, Entrepreneurship, Idealism, and Heroes.   Learn more about your ad choices. Visit megaphone.fm/adchoices

3 Des 201039min

Motley Fool Money: 11 26 2010

Motley Fool Money: 11 26 2010

On this week's show, we talk holiday retail and share some timeless investing advice. Plus Corporate Library co-founder and film critic Nell Minow talks Buffett, markets, and movies. Learn more about your ad choices. Visit megaphone.fm/adchoices

26 Nov 201039min

Motley Fool Money: 11.19.2010

Motley Fool Money: 11.19.2010

On this week's show, we talk about China's tightening, Ireland's crisis, Wal-Mart's expansion, and Apple's latest music.  Motley Fool Managing Editor Brian Richards serves up a shot of Diageo.   And Vanity Fair writer Bethany McLean talks about about her new book, All the Devils Are Here:  The Hidden History of The Financial Crisis. Learn more about your ad choices. Visit megaphone.fm/adchoices

19 Nov 201039min

Motley Fool Money: 11.12.2010

Motley Fool Money: 11.12.2010

Asian market tumble.  Gold hits a new high.  Cisco and Disney report earnings.  And Walmart makes a big move for the holidays.  On this week's show, we'll discuss those stories, share some stocks on our radar, and talk with television critic Tim Goodman. Learn more about your ad choices. Visit megaphone.fm/adchoices

12 Nov 201039min

Motley Fool Money: 11 05 2010

Motley Fool Money: 11 05 2010

The stock market hits a two-year high. The Fed goes on a buying spree.  The GOP wins control of the House. And Starbucks and Whole Foods report big earnings. On this week's show, we'll tackle those stories and talk with Ford CEO Alan Mulally. Learn more about your ad choices. Visit megaphone.fm/adchoices

5 Nov 201039min

Motley Fool Money: 10 29 2010

Motley Fool Money: 10 29 2010

Who is Todd Combs and what does Warren Buffett see in him? Has Microsoft regained its mojo? And will Kimberly-Clark revolutionize your bathroom? On this week's show, we'll answer those questions, talk about some of the week's big stock market movers, and talk about the business of the mid-term elections with CNBC's John Harwood. Learn more about your ad choices. Visit megaphone.fm/adchoices

29 Okt 201039min

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