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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Buffett’s Buy and the Future of Restaurants

Buffett’s Buy and the Future of Restaurants

Retailers continue to struggle as Bed Bath & Beyond announces plans to close more than 20% of its stores over the next two years. Levi’s sales fall more than 60% for the second quarter. Berkshire Hath...

10 Juli 202039min

The Road to Success in Comedy

The Road to Success in Comedy

Back in the day a great stand-up comedy set on “The Tonight Show with Johnny Carson” meant instant success, but so much has changed since then. Greg Fitzsimmons, stand-up comedian and host of the long...

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Tesla, Musk, and the Future of Movies

Tesla, Musk, and the Future of Movies

It’s our Independence Day Weekend Special! Corporate governance expert and film critic Nell Minow analyzes the latest corporate scandals and the future of the movie industry. Award-winning writer Morg...

3 Juli 202039min

The Summer of Beer and Whiskey

The Summer of Beer and Whiskey

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30 Juni 20202min

Digital Ad Spending and the Power of Weird

Digital Ad Spending and the Power of Weird

Google deals with slipping ad sales while Facebook and Amazon gain market share. Amazon buys a new car. McCormick hits a new high. Nike stumbles. And Microsoft pulls the plug on its stores. Motley Foo...

26 Juni 202039min

Is Grit Overrated?

Is Grit Overrated?

In general, perseverance is a good thing. But David Epstein, author of the best-selling book Range: Why Generalists Triumph in a Specialized World, points out that demonstrating grit is not always the...

23 Juni 20202min

Retail Rebounds, Dynamic Duos, and the CEO of DocuSign

Retail Rebounds, Dynamic Duos, and the CEO of DocuSign

Retail sales rebound in May. Walmart teams up with Shopify. Spotify teams up with DC Comics. Wirecard plummets on accounting concerns at the German payment firm. And Groupon investors react to quarter...

19 Juni 202039min

Diversity Is The First Step

Diversity Is The First Step

What’s the key to unlocking your team’s potential? Jeff Weiner, longtime CEO of LinkedIn, shares key steps leaders can take to get the most out of a diverse team. Learn more about your ad choices. Vis...

16 Juni 20202min

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