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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Record Highs, Coronavirus Concerns, Facebook’s New Hobby

Record Highs, Coronavirus Concerns, Facebook’s New Hobby

Nvidia shakes off its “crypto hangover” and reports blowout earnings. Shopify soars. Pepsi surprises. And Roku rises. Motley Fool analysts Emily Flippen, Ron Gross, and Jason Moser discuss those stori...

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Jenny Anderson on Love and Dirty Dishes

Jenny Anderson on Love and Dirty Dishes

The key to a lasting relationship is…economics? Jenny Anderson, co-author of the best-seller “Spousonomics: Using Economics to Master Love, Marriage, and Dirty Dishes” offers tips on how your loving r...

11 Feb 20204min

Video Stars, Academy Awards, and 1 Sleepy IPO

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Alphabet breaks out its YouTube revenue for the first time. Activision Blizzard scores with “Call of Duty: Mobile”. Casper’s IPO turns into a snoozefest. Pinterest pops. And Chipotle serves up strong ...

7 Feb 202039min

Roger Ebert on Money Movies

Roger Ebert on Money Movies

Pulitzer Prize-winning film critic Roger Ebert wasn’t just a lifelong fan of movies. He also knew the business well enough to see Blockbuster Video’s demise months before Netflix was even a public com...

4 Feb 20203min

Earnings-palooza: Welcome to Club Trillion!

Earnings-palooza: Welcome to Club Trillion!

Amazon’s huge 4th-quarter gets the company back above the trillion-dollar market cap. Apple and Microsoft continue their hot streaks, while Facebook sells off due to margin concerns. Jason Moser, Andy...

31 Jan 202039min

Michael Lewis Saw Football’s Future

Michael Lewis Saw Football’s Future

The NFL’s financial health is not in doubt. The health of its players, however, is getting more attention than ever. Back in 2011, when concussions were just beginning to become a topic of interest, b...

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Chips, Netflix, and Betting on the NFL

Chips, Netflix, and Betting on the NFL

Intel reports surprising earnings and hits a 19-year high. Netflix rises on strong international growth. American Express and Atlassian hit all-time highs. And Procter & Gamble deals with sagging diap...

24 Jan 202041min

Jeff Bezos on Taking the Long View

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“One of the time-honored traditions of investors is to play the role of skeptic.” Even in October 2000, when his company’s stock had fallen 50% in less than a year, Amazon founder Jeff Bezos was able ...

21 Jan 20203min

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