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(2094)

Howard Marks on the Stock Market Rarely Being Average

Howard Marks on the Stock Market Rarely Being Average

The average return of the stock market is 9-10%. So why does the market rarely hit that number in a given year? Legendary investor Howard Marks explains.   Learn more about your ad choices. Visit meg...

17 Mars 20202min

Worst Day Since 1987

Worst Day Since 1987

The stock market has its worst day since 1987 as coronavirus concerns grow and Wall Street sentiment turns decidedly bearish. How should investors be approaching this market? Which companies are still...

13 Mars 202040min

Science of Motivation with Dan Pink

Science of Motivation with Dan Pink

Does the carrot-and-stick method actually work? For certain tasks, yes. But as best-selling author Dan Pink explains, managers who use this as the sole way of motivating their team are making a mistak...

10 Mars 20203min

Market Volatility and How Successful People See the World

Market Volatility and How Successful People See the World

Investors navigate market volatility as coronavirus concerns grow. Campbell Soup heats up. Costco delivers a strong 2nd quarter. JPMorgan Chase CEO Jamie Dimon recovers from emergency heart surgery. A...

6 Mars 202040min

The Upside of Quitting with Stephen Dubner

The Upside of Quitting with Stephen Dubner

"Winners never quit and quitters never win.” Is it possible quitting is actually underrated? Stephen Dubner, co-author of the bestselling "Freakonomics" books, makes the case for re-examining how we t...

3 Mars 20203min

Worst Week Since 2008

Worst Week Since 2008

The stock market has its worst week since the financial crisis of 2008. Motley Fool analysts Andy Cross, Ron Gross, and Jason Moser talk about the coronavirus concerns and market sell-off. Plus, our a...

28 Feb 202040min

Malcolm Gladwell on Choosing A College

Malcolm Gladwell on Choosing A College

Millions of high school students are trying to decide where to spend the next four years of their lives. For them, and their parents, best-selling author Malcolm Gladwell offers a word of advice.    ...

25 Feb 20203min

The Business of Baby Yoda

The Business of Baby Yoda

Walmart reports strong e-commerce growth but has problems with fun and games. Dropbox surprises investors and aims for profitability by the end of 2020. Domino’s delivers again. And McDonald’s introdu...

21 Feb 202041min

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