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

Avsnitt(2098)

Alphabet's Discipline, 5G's Potential

Alphabet's Discipline, 5G's Potential

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19 Jan 202228min

Microsoft Buys Activision Blizzard and Takes Aim at Meta Platforms

Microsoft Buys Activision Blizzard and Takes Aim at Meta Platforms

With its biggest acquisition ever, Microsoft buys Activision Blizzard for $68.7 billion. Jason Moser analyzes why the move signals a direct shot at Meta Platforms and why Microsoft shareholders should...

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Factory to Your Front Door: Inside the Global Supply Chain

Factory to Your Front Door: Inside the Global Supply Chain

At some point in their journey, 90% of the world's goods travel by ship. Ordering something on Amazon may be simple, but getting to your front door is anything but. It's a topic that Christopher Mims,...

16 Jan 202229min

How to Start a Financial Plan, with Tom Gardner and Amanda Kish

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While many wouldn’t go on vacation without a plan, that’s exactly how most people begin their investing journey. Amanda Kish, Financial Planner Specialist, joins Motley Fool co-founder Tom Gardner to ...

15 Jan 202233min

Big Banks, Big Opportunities, and What Did The Fed Chief Say?

Big Banks, Big Opportunities, and What Did The Fed Chief Say?

Earnings season kicks off with the latest results from JPMorgan Chase, Wells Fargo, and Citigroup. Take-Two Interactive buys Zynga for $12.7 billion. Elastic's CEO moves to the CTO role. Virgin Galact...

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"This is the most important company on planet Earth."

"This is the most important company on planet Earth."

Taiwan Semiconductor posted record profits in the 4th quarter, but that's not why John Rotonti believes the company is so important. He analyzes their commitment to invest more than $40 billion this y...

13 Jan 202225min

Inflation, Pizza Excellence, and an Overlooked IPO

Inflation, Pizza Excellence, and an Overlooked IPO

Inflation's record rise (highest in 40 years!) gets a shrug from investors. Chinese ride-hailing company Didi Global gets ready to be listed in Hong Kong. Bill Mann analyzes those stories and discusse...

12 Jan 202226min

Intel's Smart Hire, Importance of Earnings Guidance, and 5 Tips for Increasing Your Wealth

Intel's Smart Hire, Importance of Earnings Guidance, and 5 Tips for Increasing Your Wealth

Intel hires away Micron Technology's CFO as it preps to raise capital this year. Rivian Automotive's COO retires. Tim Beyers analyzes those stories, the latest on Juniper Networks, and shares why Netf...

11 Jan 202227min

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