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(2095)

Big Retail, Big Deals, and 1 Big IPO

Big Retail, Big Deals, and 1 Big IPO

Target and Walmart rise on strong sales growth. Home Depot and Lowe’s slide. Bitcoin tumbles during a volatile week. AT&T’s WarnerMedia merges with Discovery to make a new entertainment juggernaut. Tw...

21 Maj 202139min

Amazon Unbound

Amazon Unbound

Disney+ subscriber growth falls short of Wall Street’s expectations. Marriott International and Airbnb find room for improvement. Roblox pops on strong revenue. DoorDash shares rev 20% on upbeat guida...

14 Maj 202139min

Peloton, PayPal, and Investing in Real Estate

Peloton, PayPal, and Investing in Real Estate

Peloton shares fall and its CEO apologizes for not recalling treadmills sooner. Activision Blizzard, Cloudflare, PayPal, and Square deliver stronger results than their stock movements indicate. Beyond...

7 Maj 202139min

Big Tech, Huge Earnings

Big Tech, Huge Earnings

Alphabet, Amazon, and Apple report record earnings. Microsoft reports its biggest revenue growth in three years. Shopify rises on a strong quarter. Shares of Crocs, Facebook, and Waste Management hit ...

30 Apr 202139min

Netflix Earnings and Oscars Preview

Netflix Earnings and Oscars Preview

Netflix slides on slowing growth. Boston Beer, Chipotle, and Intuitive Surgical serve up big earnings. MarketAxess slips. Johnson & Johnson reports surprising results but continues to deal with vaccin...

23 Apr 202139min

Microsoft’s Big Deal and Coinbase’s Big Debut

Microsoft’s Big Deal and Coinbase’s Big Debut

Microsoft buys Nuance Communications in a $16 billion deal. Coinbase makes an $86 billion Wall Street debut. FDA hits the pause button on Johnson & Johnson’s COVID-19 vaccine. Katrina Lake steps down ...

16 Apr 202139min

Are You $avvy?

Are You $avvy?

The stock market hits a new high. JPMorgan Chase CEO Jamie Dimon expresses bullishness about the economic recovery and concern about the future. Constellation Brands serves up strong growth. Amazon ga...

9 Apr 202139min

Spring Cleaning for Investors

Spring Cleaning for Investors

Do you have stocks that need to be cleaned out of your portfolio? What about trimming the gains of your high-fliers? Does any stock in your portfolio spark joy in a way that would make Marie Kondo pro...

2 Apr 202139min

Populärt inom Business & ekonomi

badfluence
framgangspodden
varvet
rss-jossan-nina
rss-borsens-finest
avanzapodden
uppgang-och-fall
svd-tech-brief
bathina-en-podcast
borsmorgon
rss-kort-lang-analyspodden-fran-di
fill-or-kill
loungepodden
lastbilspodden
dynastin
tabberaset
kapitalet-en-podd-om-ekonomi
affarsvarlden
rss-dagen-med-di
rikatillsammans-om-privatekonomi-rikedom-i-livet