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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Fed Warnings, Stock Worries, and Mark Cuban

Fed Warnings, Stock Worries, and Mark Cuban

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Get Rid of the Jerks

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Surprising Jobs Numbers and Shopify CEO Tobi Lutke

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Space 2020: Musk vs. Bezos 

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Market Rebounds and Disney Reopenings

Market Rebounds and Disney Reopenings

The total number of unemployment claims climbs above 40 million. Costco slips on earnings. Salesforce sells off. Dollar Tree and Dollar General rise on strong growth. Williams-Sonoma serves up a surpr...

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The Power of Disagreement

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The Future of Real Estate and Retail

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Facebook, MasterCard, and Spotify announce new work-from-home policies. Lowe’s, Home Depot, Target, and Walmart report big growth in same-store sales. The U.S. Senate passes a bill that would impose n...

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Bernie Madoff’s Gift

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How did Bernie Madoff pull off the biggest Ponzi scheme in history? Diana Henriques, journalist and author of the bestseller The Wizard of Lies: Bernie Madoff and the Death of Trust, reveals that Mado...

19 Maj 20202min

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