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

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GameStop, Adobe, and Domino’s CEO Ritch Allison

GameStop, Adobe, and Domino’s CEO Ritch Allison

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The New Retirement Savings Time Bomb

The New Retirement Savings Time Bomb

FedEx rises on a strong holiday quarter. Nike stumbles on earnings. Williams-Sonoma surges on strong stay-at-home sales. Laser technology company Coherent rises on competing buyout offers. Five Below ...

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Ulta Beauty’s CEO steps down. Docusign and JD.com decline on earnings. Bumble bounces higher. Poshmark misses the mark. Roblox has a big debut. And Dick’s Sporting Goods and Funko deliver on earnings....

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The Trade Desk, Magnite, and other ad-tech companies tumble after Google announces some big changes. Costco and Target fall on earnings. Zoom Video reports a big jump in revenue but the stock tumbles....

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26 Feb 202139min

Retail, Tech Earnings, and Berkshire’s Surprising Buys

Retail, Tech Earnings, and Berkshire’s Surprising Buys

Walmart shares slip on earnings. The Trade Desk surges on record revenue. Roku rises on an unexpected profit. Fastly falls on growth concerns. Shopify slips. CVS Health treads water. Berkshire-Hathawa...

19 Feb 202139min

Disney’s New High, Bumble’s IPO, and Motley Fool co-founder David Gardner

Disney’s New High, Bumble’s IPO, and Motley Fool co-founder David Gardner

Disney hits an all-time high as Disney+ reports 95 million subscribers. Dating app Bumble surges 70% in its Wall Street debut. Twitter and Zillow surge on earnings. Affirm Holdings and Cloudflare slip...

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End of an Era

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Jeff Bezos announces he’s stepping down as CEO, with Andy Jassy (the head of AWS) named to take over. Amazon also reports a $125 billion quarter. Activision Blizzard, Alphabet, PayPal, and Pinterest r...

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