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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Disney’s Streaming Surprise, Telemedicine Mergers, and Operation HOPE

Disney’s Streaming Surprise, Telemedicine Mergers, and Operation HOPE

Disney’s streaming service gets the job done. Wayfair crushes expectations. Arista Networks sells off despite beating expectations. Square gets a boost from the Cash App. Teladoc and Livongo Health en...

7 Aug 202039min

Making Solomon’s Paradox Work for You

Making Solomon’s Paradox Work for You

Solomon’s Paradox, the ability to think more sensibly about other people’s problems than our own, is common. In her book Weird: The Power of Being an Outsider in an Insider World, Olga Khazan shares h...

4 Aug 20202min

Revenge of the Big Tech Stocks

Revenge of the Big Tech Stocks

Amazon, Apple, and Facebook all rise on their latest earnings reports. Alphabet 2nd-quarter makes history, but not in a good way. PayPal and Teladoc Health hit all-time highs, while Visa and Mastercar...

31 Juli 202039min

The Case for Breaking Up Big Tech

The Case for Breaking Up Big Tech

Scott Galloway is a professor at NYU Stern and author of the best-selling book The Four: The Hidden DNA of Apple, Amazon, Facebook, and Google. As the CEOs of those four businesses get ready to head t...

28 Juli 20203min

Intel’s Drop, Microsoft’s Record, MercadoLibre’s Future

Intel’s Drop, Microsoft’s Record, MercadoLibre’s Future

Intel plunges on chip delays. Microsoft declines despite a record quarter. Twitter pops on strong user growth. Chipotle serves up strong digital growth but slips on closed restaurants. Coca-Cola’s CEO...

24 Juli 202039min

Michael Lewis on the Two Men Who Changed Our Minds

Michael Lewis on the Two Men Who Changed Our Minds

Other than their fields of study Daniel Kahneman and Amos Tversky could hardly be more different. In The Undoing Project: A Friendship that Changed Our Minds, best-selling author Michael Lewis shares ...

21 Juli 20202min

Twitter’s Hack, Silicon Valley’s Changing Landscape

Twitter’s Hack, Silicon Valley’s Changing Landscape

The FBI investigates a major Twitter hack. Netflix sells off on earnings. Domino’s serves up strong sales growth. Banking software company nCino has a big Wall Street debut. Pepsi gets a boost from sn...

17 Juli 202039min

Forget Networking. Ask This One Question.

Forget Networking. Ask This One Question.

“Marketplace Radio” host Tess Vigeland walked away from her job with no idea what was next. In her subsequent book, Leap: Leaving a Job with No Plan B, to Find the Career and Life You Really Want, she...

14 Juli 20202min

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