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(2084)

Motley Fool Money:  10.02.2009

Motley Fool Money: 10.02.2009

Bank of America CEO Ken Lewis says goodbye, Starbucks rolls out instant coffee, and unemployment numbers on the rise. All that plus 3 stocks our panel is taking a close look at. Learn more about your ad choices. Visit megaphone.fm/adchoices

2 Okt 200916min

Motley Fool Money:  09.25.2009

Motley Fool Money: 09.25.2009

A former Fed Chairman has some tough love for "too big to fail." Twitter has a new round of financing.  Google has some cheaper options.  And an unemployed metal-detecting enthusiast has a new lease on life.  We'll tackle those topics, talk about the latest handheld gadget news, and share three stock ideas. Learn more about your ad choices. Visit megaphone.fm/adchoices

25 Sep 200922min

Motley Fool Money:  09.18.2009

Motley Fool Money: 09.18.2009

Fed Chief Bernanke says the recession is "very likely over."  Warren Buffett says he's buying stocks.  Facebook reports a profit.  And France wants happiness to count as part of GDP.  We'll tackle those stories, debate the relative merits of mega-author Dan Brown, and share three stock ideas. Learn more about your ad choices. Visit megaphone.fm/adchoices

18 Sep 200916min

Motley Fool Money:  09.11.2009

Motley Fool Money: 09.11.2009

What role did the Lehman Brothers bankruptcy play in the financial crisis? Is the Yahoo! CEO a shrewd negotiator or serious distraction? Is the latest from Apple much ado about nothing? We tackle those questions and share three stocks on our radar.   Learn more about your ad choices. Visit megaphone.fm/adchoices

11 Sep 200914min

Motley Fool Money: 09.03.2009

Motley Fool Money: 09.03.2009

Is commercial real estate the next big hurdle for the U.S. economy? Will Disney’s purchase of Marvel mean superhero-sized returns for shareholders? And was eBay & Skype the worst corporate pairing since AOL & TimeWarner? We answer those questions and more, and share three stocks on our radar. Learn more about your ad choices. Visit megaphone.fm/adchoices

3 Sep 200918min

Motley Fool Money: 08.21.2009

Motley Fool Money: 08.21.2009

Amazon.com, Microsoft, and Yahoo! team up against a tech rival.  Starbucks announces that it's raising and lowering prices.  And the Fed Chief expresses some optimism about the near term.  In this installment of Motley Fool Money, we discuss those stories, share three stock ideas, and play a spirited game of "Which S&P 500 stocks have outperformed Google since Google went public five years ago?" Learn more about your ad choices. Visit megaphone.fm/adchoices

21 Aug 200916min

Motley Fool Money: 08.14.2009

Motley Fool Money: 08.14.2009

Does optimism from the Fed spell better times ahead for investors? Will the Chevy Volt and Nissan Leaf drive big profits? What’s in store for retailers like Costco, Wal-mart, and Target? Will JetBlue’s pricing experiment help its stock takeoff? In this installment of Motley Fool Money, we tackle those questions, share three stock ideas, and debate the relative merits of Fiji bottled water.   Learn more about your ad choices. Visit megaphone.fm/adchoices

14 Aug 200918min

Motley Fool Money: 07.24.2009

Motley Fool Money: 07.24.2009

Existing home sales rise for the third straight month. The Dow crosses 9,000 for the first time since January. And Amazon, Apple, Chipotle, eBay, Ford, JP Morgan, McDonald’s and Microsoft report earnings. So what does the week’s big business news mean for investors? In this installment of Motley Fool Money, we’ll give our take, offer up 3 stock ideas, and talk about the relative merits of buying shoes online. Learn more about your ad choices. Visit megaphone.fm/adchoices

24 Juli 200914min

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