Podcasts about Crazy Eddie

When two employees of Handy Dan hardware store gave this idea to management, they got fired! So, they started Home Depot. Someone’s kicking themselves now! Dave Young: Welcome to the Empire Builders Podcast, teaching business owners the not so secret techniques that took famous businesses from mom-and-pop to major brands. Stephen Semple is a marketing consultant, story collector, and storyteller. I’m Stephen’s sidekick and business partner, Dave Young. Before we get into today’s episode, a word from our sponsor, which is… well, it’s us. But we’re highlighting ads we’ve written and produced for our clients. So here’s one of those. [No Bull RV Ad] Dave Young: Welcome back to the Empire Builders Podcast. I’m Dave Young. That’s Steve Semple whispering in your other ear. And on today’s episode of the Empire Builders- Stephen Semple: [inaudible 00:01:44] your live stereo. Dave Young: We knew that it would only be a matter of time having so recently discussed the Lowe’s Empire that we would be discussing Home Depot, and today is that day. Stephen Semple: Today is that day because really, there’s a pretty shared DNA there. Dave Young: Sure. And again, I always think, “Well, okay, start as a little hardware store and then somebody grew into a big hardware store and then they made a bunch more.” Stephen Semple: It’s a little bit like that. Dave Young: A little bit? Stephen Semple: Except this is a little different. It’s a little bit different. Dave Young: Okay. I always like a good twist. Stephen Semple: There’s a little bit of a twist in this. So it was founded in February 6th, 1978, Marietta, Georgia by Bernard Marcus, Arthur Blank, Ron Brill, Pat Farrah, and Ken Langone. So these guys basically got it started. Dave Young: So it doesn’t go near as far back as Lowe’s. Stephen Semple: Yeah. Lowe’s is a little bit earlier, but not much. And today they have over 2,300 locations. They do 160 billion in revenue with over 450,000 employees. So it’s a big deal. And we all know who the Home Depot is, right? We’ve all pretty much heard of it. Now, a couple of the guys got basically fired from a hardware store in the West Coast called Handy Dan. Dave Young: Handy Dan. Okay. Stephen Semple: And it wasn’t really all that big and it was one-stop. But here’s why they got fired. They kept pestering management saying, “You need to go larger, then you need to go national.” And basically, management got tired of listening to that and fired them. So I told you there was a little twist. So when they left, they called one of Handy Dan’s investors, Ken Langone, and said, “Here’s what we want to do. We want to make 100,000 square foot hardware store, stock everything, make it cheaper, and make it more like a wholesaler. That’s what we want to do.” And they drew their inspiration from Walmart. They’re looking at what Walmart was doing. They said, “We want to do the Walmart thing for hardware and building.” And Ken was like, “Great, let’s do it.” And they drew up a plan that basically said they needed $25 million to get going, and they had to settle on raising three and a half million. So this is important to keep in mind because it shapes a couple of things that they do. And so the first thing that they needed to do… And they had a guy, Pat Farrah join them for merchandising. The first thing that they needed to do was create a name for the company. Now, I don’t know if you remember Crazy Eddie’s, the guy in New York City? Dave Young: Yeah. Stephen Semple: New York City. And he was selling electronics and all this other stuff. Dave Young: But he’s no Handy Dan. Stephen Semple: He’s no Handy Dan, but they were inspired by Crazy Eddie’s. And what I found interesting is in Toronto around the same time, there was a furniture company that started that also was inspired from it because it was Bad Boys. They would dress in the black and white retro, “I’m a prisoner” uniforms. And they’d be like, “Bad Boys. Does anybody have a better price? Nobody.” That was their slogan. But what these guys decided was they were going to call it Bad Bernie’s Buildall. Dave Young: Bad Bernie’s Buildall? Stephen Semple: Bad Bernie’s Buildall. Yes. The investors didn’t like it. That name did not go forth. Dave Young: Of course they didn’t like it. Stephen Semple: Well, because it didn’t have the name Home and all those other things. So they said, “Okay. Well, let’s call it the Home Depot.” Dave Young: Look, Lowe’s doesn’t have the name Home in it either, but it’s not Bad Bernie’s. What was it? Builders? Stephen Semple: Buildall. Dave Young: Buildall? Stephen Semple: Yes. Dave Young: It doesn’t roll off the tongue. It blurts out of your mouth in a not great way. Yeah. I have to side with the investors on this one. Stephen Semple: I have to say, I think even on this one, the investors, they’re often not right, but I think on this one they were right. So they opened in Atlanta, 60,000 square feet. Remember that little bit of a difference in terms of the money that they wanted to raise? Dave Young: Yeah. Stephen Semple: They wanted to raise the 25 million and only had three and a half million. So it made a couple of things difficult, such as stocking 60,000 square feet full of merchandise. Dave Young: Sure. That’s a lot of merchandise. Stephen Semple: So to make it look full, they went out and they bought empty paint cans, thousands of empty paint cans and thousands of empty boxes and basically put them on the shelves. Dave Young: Oh, boy. Stephen Semple: And they wanted to make it feel like a working warehouse so they threw sawdust on the floor. So it’s sawdust on the floor, empty boxes, empty paint cans. Dave Young: Just have one guy driving around with a forklift randomly just… Stephen Semple: They couldn’t afford a lit sign, so they had to make it bright to stand out. So that’s why they went with the orange. Now here’s what’s really interesting. Dave Young: Okay. That makes sense. Stephen Semple: Our client in Edmonton who sells used RVs has a location that’s relatively close to the airport, so you can’t do a lit sign. Jay Mistry Art Design. We picked a very specific shade of orange because what we knew is the setting sun would hit it. And when the setting sun hits that sign, it looks like it’s glowing. And then we got Rick to buy a spotlight and Jay even said to him, “Spotlight has to have this specific criteria to it.” And we put the spotlight onto it and it looks like it’s glowing. There’s cheap ways to make a sign look lit without lighting it. But anyway, that’s why it was orange. Dave Young: Shining the light on it is fine. Stephen Semple: Right. But that’s why they went with the orange, is like, “We can’t light it. It’s got to stand out.” So they do launch day. Launch day does not go well. Literally, they had a newspaper ad that was supposed to run that didn’t run. Nobody showed up. They literally sent kids and family into the parking lot, literally to hand out dollar bills, come to the store. First year’s a disaster. They lose a million dollars in the first year. Dave Young: Here’s what we know about hardware. When do we buy hardware? When we need it. Stephen Semple: Yes, when we’re fixing something. Yep. Dave Young: When we’re fixing something, when we need it. I don’t need it today, but I don’t know if I need it tomorrow because nothing’s broken yet and I don’t have a project I’m working on. So you got to be patient in the hardware business, don’t you? Stephen Semple: Well, they also did something interesting to stimulate sales. So the first year they lose a million dollars and then they get this chance to buy fireplace accessories really cheap. Now think about this. It’s the summertime, they’re in the South and there’s these cheap fireplace accessories. They buy 4,000 of them and they plan to sell them at just above the price and advertise it like crazy. They’re selling these things for 37 bucks. And here’s what’s crazy. People travel from miles away to buy this stuff. And when they’re there, they’re walking around and they buy other things. So the original history- Dave Young: Get an empty can of paint. Stephen Semple: Yeah. And to get some paint. Dave Young: A big box. Stephen Semple: So the original history of Home Depot is they did all these flash sales. Flash sale, flash sale, flash sale. Okay. So in 1980, they do more sales. But one of the things they also do is they start hiring professional contractors and start running these clinics inside the store. This whole idea is we’re going to do a flash sale. Dave Young: I remember that. Yeah. Stephen Semple: Right. We’re going to do a flash sale to bring people in and then people will maybe watch the clinic and then they’ll buy other stuff. Dave Young: They’ll learn how to do tiling or all that stuff. Stephen Semple: So it’s 1985, they have 50 stores. Lowe’s has 300 stores and Lowe’s secret shops them. They start copying each other at this point. Now, Sam Walton, founder of Walmart, ends up becoming important in all this because Sam Walton calls them and you’re going to love Sam’s advice. Dave Young: Stay tuned. We’re going to wrap up this story and tell you how to apply this lesson to your business right after this. [Using Stories To Sell Ad] Dave Young: Let’s pick up our story where we left off and trust me, you haven’t missed a thing. Stephen Semple: Sam Walton calls them and says, “Guys, love what you’re doing, but you need to shift your model.” And you’re going to love Sam’s advice because it speaks to what we do from the standpoint of running these sales, there’s a downside to running all these sales. And he said, “Get rid of the flash sales, buy in bulk, keep everything as cheap as possible.” If that’s your dealio, low prices, don’t do flash sales, just do low prices, advertise that you got low prices on everything, go that way, and sales soar. So remember, Home Depot was 50 stores and Lowe’s was 300 stores. So that was ’85. So 1992, seven years later after implementing Sam Walton’s advice, Home Depot was doing seven billion in sales and Lowe’s is doing four billion. They blow past Lowe’s. Blow past them and even started opening locations in the same location. Lowe’s basically never catches up. There was one point where every 53 hours there was a Home Depot open. Dave Young: That’s a lot of cans of empty paint. Empty cans of paint. Stephen Semple: That’s a lot of cans of empty paint. Dave Young: Do you know what I miss about Home Depot? I remember when they did the little seminars and things, I thought it was cool. I didn’t ever take one. From where I lived at the time, you had to drive 100 miles to get to Home Depot. But when you got there, you could always get a sausage. They always had somebody out front cooking- Stephen Semple: Oh, doing food. Dave Young: … smoked sausage or something, right? Stephen Semple: Yeah. I think it’s a mistake that Home Depot has gotten away from that. But I do find interesting that what they recognized was when you do a flash sale, you’re not making money on the flash sale. The flash sale is a loss-leader to get people into the store. Now that I’ve got you in the store, I need to do something. And so running those clinics and those things was a great way to get people further engaged, see them as being professional and buy other things. What I do like was Home Depot wasn’t just flash sale, bring people in. There was a further leg to that stool. But what I also love was Sam Walton saying, “Forget the flash sales. Just do everyday low prices.” Dave Young: Well, it’s an interesting distinction between having a flash sale and a loss-leader that you don’t advertise as a sale. You just say, “Hey, screwdrivers are $1.99.” Stephen Semple: Correct. Dave Young: It’s not a sale price. That’s the price of a screwdriver today. Stephen Semple: Correct. Correct. Dave Young: And then people go, “Oh, well.” And maybe the screwdrivers cost you $4. But you advertise that screwdrivers are $1.99, and people that need screwdrivers also need screws and other size screwdrivers and all kinds of other things. But it gives the impression that everything you buy in there is going to be that kind of a price. But like you said, it’s not a flash sale. Stephen Semple: It’s not a flash sale. Dave Young: It’s just the price of a screwdriver. And that was what Walton was so good at, right? Stephen Semple: Yes. Right. Dave Young: He made Walmart become known for low prices, even though they weren’t always the lowest price. Stephen Semple: Well, that’s exactly it. And that’s what Sam’s advice was. Sam’s advice was the place that you want to occupy in somebody’s mind is, “You’ve got it, you’ve probably got a couple and they’re all a good price for your category,” because then when you do that, you own the mind in that category. Dave Young: Now here’s what’s interesting too. Did Sam Walton just call them up? Stephen Semple: Yeah, he did. Dave Young: And he wasn’t an investor. Stephen Semple: No. Dave Young: He was just like, “Hey guys, here’s how you’re screwing this up.” Stephen Semple: Hey guys, here’s how you- Dave Young: That’s pretty amazing. Stephen Semple: It might be a myth, but that’s the story floating out there according to the folks from Home Depot, is one day, Sam called and said, “Hey guys.” Dave Young: And here’s the other amazing thing is they took his advice because what I’ve found, you’ve found, all of us that do ad consulting work is the advice you give somebody that you don’t charge them for- Stephen Semple: They often don’t take it. Dave Young: … they often don’t do anything with it. Stephen Semple: It’s true. Dave Young: If they do, then you’re like, “Okay, well, I’ve got somebody I can work with.” Because often people look at it and go, “Well, shoot, you didn’t charge me anything for that. So how valuable could that be?” I remember our friend, Jeffrey Eisenberg. This is, shoot, 20 years ago, when someone would contact him for website consulting, he would get on the phone with them and they’d look at the site together and he’d make them two or three recommendations, “Here’s what you need to fix right now and this other thing. These are easy fixes. Just have your web guy do this, this and this, and your website will convert a lot better. And then let me know if you want to talk again.” And if they called him back a few weeks later and are like, “I want to talk again,” he’s like, “Well, have you done the things I told you?” “No. Because we’re not…” And like, “No, dude, I’m not even talking to you if you don’t do those things. Not even doing it, not having another conversation with you.” So I love that Sam just called him up. Stephen Semple: And the other part about taking advice, because look, in marketing and business, everybody wants to give their advice. But when a guy like Sam Walton is giving you advice, you should listen. Dave Young: You should. Stephen Semple: I was joking the other day with a client of mine who’s in Western Canada, one of the self-made billionaires is a guy by the name of Jimmy Pattison. We were talking about advice and I was like, “Yeah, if Jimmy Pattison ever calls and gives you some advice, take it.” Now, if the guy who’s just read a lot of books gives you some advice, maybe not. If Sam Walton calls, take it. Dave Young: This is terrible, but the most frustrating thing is when a business owner takes the advice of their veterinarian’s nephew. Stephen Semple: Well, exactly. Dave Young: Or, “My cousin says that we shouldn’t do it that way.” Stephen Semple: Yeah. Dave Young: And I’m like, “Well, you should just hire your cousin.” Stephen Semple: Right. And it happens a lot, as we know, in marketing because we all feel like we have an opinion in it because we’re all exposed to the messages all the time. But here’s the interesting thing, I’ve grown up my entire life with homes with indoor plumbing. Does not make me a plumber. Dave Young: No. Stephen Semple: Right. Miraculously. So to me, the part that I really loved with Home Depot was this audacity of, “Okay, how do we make it look big? How do we make it look real?” And even that first flash sale being this weird thing because it was fireplace accessories in the South in the summer. Even though we’re not big fans of flash sales, they saw something that worked and replicated it and it worked for a period of time. But then we’re still willing to pivot off of that, and so to go, “Okay, you know what? There is limitations to that. Let’s pivot off of that and do this thing.” And not everybody can be successful being low price. You can be successful being low price when you are giving a depot feeling, because let’s face it, you go in there, and the stores are bare bones, they’re buying in high volume. You can win at that game when you do it that way. Dave Young: Yeah. It could have been that the fireplace accessories is when Walton first noticed them. If I was writing this legend- Stephen Semple: Maybe. Dave Young: Because that’s really the tactic that he used, that’s what got started with his story, is buying [inaudible 00:18:53]. Stephen Semple: That’s his origin as well. Yes. Dave Young: There were a whole bunch of lawnmowers. I could get them real cheap and the staff was like, “Okay, so we’re going to store them till next summer,” because this is the end of the summer, right? Somebody else was overstocked. And he’s like, “No, we’re going to line them all up by the road and put a low price on them.” Stephen Semple: Yeah. And just move them. Dave Young: We just move them out, just blow them out. It’s not a lawnmower sale. It’s lawnmowers cost this much right here, right now, and there they are and that’s all there are. Stephen Semple: Right. So that’s a great observation. So their origin is very similar to his, except he didn’t make it a flash sale. He just sold them at a low price. Yeah. Dave Young: Yeah, just like, “No, I got these lawnmowers. Here’s what they cost and there they are. There’s that many of them.” Stephen Semple: That’s probably where it came from. I hadn’t connected those dots. That’s a great observation, Dave. Dave Young: That’s just part of the same DNA. Stephen Semple: It is. Dave Young: I love the story of Home Depot. I wish I could drive over there right now and get a smoked sausage, but alas. That ship has sailed, my friend. Stephen Semple: Yeah. Well, they still got hot dogs at Costco, so there’s still hope. Dave Young: Oh, there is that. All right. I’ll go to Costco instead. Thank you, Stephen. Stephen Semple: All right, thanks. Dave Young: Thanks for listening to the podcast. Please share us, subscribe on your favorite podcast app and leave us a big, fat, juicy five star rating and review at Apple Podcasts. And if you’d like to schedule your own 90-minute Empire Building session, you can do it at empirebuildingprogram.com.

Support the show: http://www.newcountry963.com/hawkeyeinthemorningSee omnystudio.com/listener for privacy information.

2:35:15 – Frank in New Jersey, plus the Other Side. Topics include: NJ Transit meltdown, corridor, “magic minute” in Congress, Smiling Friends, dry ice, okra, new doorknob, sneaker and tire prints in the cement, quick adventure to Rockaway Townsquare Mall, Route 46, Route 66, Crazy Eddie, Flagship Radio Shack, Phillips 66, fireworks, pompous town, Fame, slight synchronicitues, […]

2:35:15 – Frank in New Jersey, plus the Other Side. Topics include: NJ Transit meltdown, corridor, “magic minute” in Congress, Smiling Friends, dry ice, okra, new doorknob, sneaker and tire prints in the cement, quick adventure to Rockaway Townsquare Mall, Route 46, Route 66, Crazy Eddie, Flagship Radio Shack, Phillips 66, fireworks, pompous town, Fame, slight synchronicitues, […]

Lou, Mark and Perry listen to Tom Petty & The Heartbreakers play "American Girl"plus music trivia questions and random relish topics plus a talk of the "dad rock" genre of music and a listen to original versions of songs and Cheap Trick play "Surrender" plus a look at Lou's guitars and drums and extra stuff like Crazy Eddie and more

Meg tells how Mariel Boatlift refugee Abel Mendez's unlikely friends made his American Dream come true. Jessica explains how Reagan's trickle down economics gave birth to the clock-watching office temp. Please check out our website, follow us on Instagram, on Facebook, and...WRITE US A REVIEW HEREWe'd LOVE to hear from you! Let us know if you have any ideas for stories HEREThank you for listening!Love,Meg and Jessica

This is a preview of the Patron-only Weekender episode. To gain full access to these episodes, as well as special post-event and live recordings, and to keep the show editorially independent and ad-free, head over to Patreon and become a subscriber today. Co-hosts Jared Yates Sexton and Nick Hauselman vent their frustration at Senator minority leader Chuck Schumer for rolling over and helping the Republicans pass a Continuing Resolution to fund the government. Meanwhile Donald Trump does his Crazy Eddie imitation to sell Tesla's on the fucking White House lawn while Tim Walz, Gavin Newsom, and Rahm Emmanuel begin positioning themselves for a presidential run. Learn more about your ad choices. Visit megaphone.fm/adchoices

The boys are back at home in Studio DD and it's not long before Fort Worthington, fresh off a sojourn, calls in with an update and shares the startling results of his DNR test. Then Colin puts on the armor of venerability as he discusses his recent foray to stop drinking. For a podcast that takes place in a bar, it gets deep and personal, yall. But there's empowerment to be had there and you are welcome to share in it with ST WOW. Fan favorites Holly and Johnny stop by for chat and to catch up and then we meet a new guest, Crazy Eddie, who shares with us all things Vibes Aquatic. All that and more from the 3 time poddy award winning show. Listen today! Send us a text

Eddie has a plan to make millions. It leaves him an international fugitive. Hosted on Acast. See acast.com/privacy for more information.

A New York City upstart becomes a legend in the city that never sleeps. But his greed leaves him teetering on the edge of fame, wealth and death. Hosted on Acast. See acast.com/privacy for more information.

Az előfizetők (de csak a Belső kör és Közösség csomagok tulajdonosai!) már szombat hajnalban hozzájutnak legfrissebb epizódunk teljes verziójához. A kedden publikált, ingyen meghallgatható verzió tíz perccel rövidebb. 00:32 Üdvözlünk mindenkit reggeli rádióműsorunkban! A közszolgálati traffipax-trükk. Tréfás kutyakozmetika-reklám. 02:50 Az amerikai dokkmunkás-szakszervezet sztrájkja. Frank Sobotka és a Baltimore-i kikötői szakszervezet. Chris Bauer a Deuce-ban. Valchek és Sobotka a két polák a Wire-ban. Harold Daggett, a valódi szakszervezet vezetője. 07:53 Az európai légiforgalomirányítók. Rövid- vs. hosszútáváú érdekképviselet. A különbség az amerikai és az ázsiai kikötők kapacitása közt. Construction Physiscs. Az amerikaiak képtelenek nagy hajókat gyártani. Dél-Koreában gyártott amerikai hadihajók. 12:52 A Wärtsilä a motor köré építi a hajót. Az amerikai tanárszakszervezetek ereje. New York-i tanárok a Covid ellen. A kényelmes New York-i kukásállás. Olasz szemétsztrájk. Brit szemétsztrájk. Magyar szemétsztrájk. 18:16 Láttál már bevándorlót magyar kukásautón? A last mile problem. Az Amazon is visszavett a drónokból. Indonéz és albán futball a Dél-Alföldön. Anonymous Copywriter. 22:00 Orbán Balázs továbbra sem ad interjút. Nagyon nagy a stratégia! Teodorín aka Teddy twittere. 27:46 Mikor nem azt csináljuk, amit Putyin szeretne? Egyenlőtlenség az Egyenlítőn. A jó öreg Bokassa császárrá koronázása francia pénzen. A jó öreg Francisco Macías Nguema. 32:12 A gond a diktátorgyerekekkel. Az Orbán-generációk romlása. Peti, Lőrinc és a nagy munkagépek. Hiperűrsebességgel Romániában. 36:47 Csallóközi Csiki sör. Világi Oszkár Wikipediája. 39:12 Hertz-Heltai Jenő. Na de ki volt Huszár Pufi? 42:42 A sztereotip budapesti zsidóság.Azok vannak hatalmon Izraelben, akik megölték Rabint. Baruch Goldstein. III. világháborúra mit tippelsz? Crazy Eddie javaslatai Izraelnek. A New York Timesban is van, aki ezt mondja. ‘No Way To Prevent This,' Says Only Nation Where This Regularly Happens. This War Will Destabilize The Entire Mideast Region And Set Off A Global Shockwave Of Anti-Americanism vs. No It Won't. 52:15 Egy canossajárás megér egy misét. Az Adriából kikászálódni nem úszás. See omnystudio.com/listener for privacy information.

Are you looking for a story that is 100% guaranteed to blow your mind? A true crime tale that'll leave you wondering how crooks got away with it for so long in the first place? Well, hold on to your girdle, because this one's a doozy. It's got everything: insurance scams, fake passports, an undercover sting operation, Israeli really bank accounts, and huge sales on some of the best TVs and VCRs around (sales tax not included). Best of all, you can listen to this story for the low, low price of FREE! Now that price is insane! Ray teaches Rob about how a mom-and-pop consumer electronics store went from being a tri-state curiosity to a national sensation; who the real man is behind all those infamous ads; why having a CPA in the family comes in handy when you're committing tax fraud; and why building an empire on a foundation of shady financials and skimming off the top probably isn't the best business model.If you like what we are doing, please support us on Patreon.TEAMRay HebelRobert W. SchneiderMark SchroederBilly RecceDaniel SchwartzbergGabe CrawfordNatalie DeSaviaWEBSITEWhite Collar Fraud ARTICLESMental FlossNew York Times - 1985New York Times - 2016 (1)New York Times - 2016 (2)New YorkerNJ.comWashington PostEPISODE CLIPS1987 Crazy Eddie CommercialCrazy Eddie 'Insane!' Commercial (NY, 1978)Classic Crazy Eddie Commercial 'Bathroom DooWop' (1977-1979)

NO ONE does fraud like Eddie Antar, and Crazy Eddie is the bizarre story that got Becca hooked on fraud!  Adam, Becca, and their Dad Jeff pop a few ludes and drop down the rabbit hole into a 1970's New York City punk rock fever dream. They meet a young Eddie Antar scamming tourists in a seedy Time Square clip joint and follow his journey to become the eccentric millionaire founder of Crazy Eddie Electronics. Antar was a marketing genius, and by the mid 1980's commercials for the chain were inescapable, shoppers were practically screamed at to rush out to Crazy Eddie's because ‘HIS PRICES ARE INSANE!!!!'  The insane prices, of course, were facilitated by an elaborate criminal racket. Money laundering, insurance fraud, tax evasion, bribery, insider trading… Eddie Antar did it all! But when the cash begins to dry up, Eddie's increasingly desperate and brazen behavior puts him in the crosshairs of the SEC. That's when Eddie Antar became an international fugitive and left his family, who enabled and benefited from his behavior, holding the bag.  Support the pod  Pics on our Substack Links:  Read Retail Gangster: The Insane, Real-Life Story of Crazy Eddie  Crazy Eddie commercial from 1982 Remembering Crazy Eddie: His Prices Were Insane  

Our guest this week is Richard Behar, an award-winning investigative reporter who spent 15 years chronicling the life of Bernie Madoff, the mastermind behind the largest Ponzi scheme in history. Behar is the author of the newly released blockbuster book Madoff: The Final Word. Before Madoff died in prison, Behar and Madoff had more than 50 phone conversations, exchanged more than 300 emails, and met face-to-face three times. When Madoff was arrested in December 2008, his decades-long scam unraveled, revealing approximately $68 billion in purported assets across nearly 5,000 client accounts. In stark contrast, Madoff had less than $300 million, having swindled countless victims, including banks, charities, colleges, pension funds, and notable individuals such as Steven Spielberg, Sandy Koufax, Kevin Bacon, and Nobel laureate Elie Wiesel. On this week' episode, Behar shares how Madoff sustained his scam for decades, the many people who facilitated his fraud, why his investors were so gullible, and what steps everyone should take to avoid falling victim to swindlers. As an exclusive bonus, listeners will hear two short private phone conversations between Behar and Madoff, recorded during Madoff's incarceration at a federal prison in Butner, North Carolina. Behar, honored as one of the top 100 business journalists of the 20th century, has received more than 20 major journalism awards. He previously worked on the staff of Forbes, Time, and Fortune. He also contributed reporting to CNN, PBS, and the BBC. If you believe you could never be tricked like thousands of Madoff's trusting investors were, you need to listen closely to this week's episode. Monday Morning Radio is hosted by the father-son duo of Dean and Maxwell Rotbart. Photo: Richard Behar, Madoff: The Final Word Posted: July 22, 2024 Monday Morning Run Time: 1:10:31 Episode: 13.06 RELATED EPISODES Investigative Journalist Gary Weiss Shares the Real-Life, Criminal Exploits of ‘Crazy Eddie' Who's in Your Wallet? An Expert Panel on Employee Fraud and Embezzlement Right This Minute, There Is a Criminal Scouting Your Company for Vulnerabilities

New Livestream guest- Investigative Journalist and Author Gary Weiss I'm happy to have Gary join me on a live broadcast. Gary is the author of RETAIL GANGSTER: The Insane, Real-Life Story of Crazy Eddie. Tune in and as we'll be discussing the evolution of this small business person from a typical local small business owner to a big time Wall St. fraud artist. This is a ‘must see event' for anyone interested in business and crime! You want to learn about Crazy Eddy's frauds especially if you'll be doing due-diligence on a business you might purchase. Find the book in my Amazon store at https://www.DCBBookList.com

Is it a mutual fund? Is it an annuity? Can one investment met everyone's retirement needs? That's seems to be the claim of the complex BlackRock LifePath Paycheck funds. Plus, we talk about Warren Buffett's take on corporate taxes and how individuals could all end up paying no income taxes. We also discuss the workings of the "backdoor" Roth IRA. Then, listeners want to know: Nearing retirement is a fiduciary adviser needed and what should one cost? The name of the book Tom mentioned about Crazy Eddie? Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode Sam Antar joins #TheFinestUnfiltered. Sam is the former CFO of the infamous Crazy Eddie, consumer electronic stores. After Sam's fraud conviction he began training the federal government on how to detect fraud and eventually started his own blog whitecollarfraud.com. Sam who is now retired and still lives in Manhattan chronicles his days on social media and gives his opinion & analysis on all things NYC. Recently Sam took notice of the crime statistics being touted by NYC officials and decided to double check the publicly available crime statistics. He found NYC was actually up in crime in 2023 which debunked what the NYC Mayor & the NYPD had been telling New Yorkers. We discussed that and much more. To learn more about Sam Antar: Blog: https://whitecollarfraud.com X: https://twitter.com/SamAntar?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor Link to purchase the book "Retail Gangster" https://www.amazon.com/Retail-Gangster-Insane-Real-Life-Story/dp/0306924552 To learn more about #TheFinestUnfiltered visit us at: Website: https://thefinestunfiltered.com Youtube: https://youtube.com/@TheFinestUnfiltered?si=Y5ZcHqdgVLunTYx9X: Instagram: https://www.instagram.com/TheFinestUnfiltered Rumble: https://rumble.com/c/c-5157835 X: https://twitter.com/RetiredNYFinest/ https://rumble.com/user/TheFinestUnfilteredPodcast If you are interested in purchasing a Finest Unfiltered T-Shirt please visit https://meyersuniforms.com/265-unfiltered-podcast-tee/ For any financial or investment advice please contact LaidLaw Blue at 888-901-2583 (Blue) or visit them online at https://laidlawwealthmanagement.com/laidlaw-blue/ tell them your friends at #TheFinestUnfiltered sent you.

The Tampa Morgue #37 To live and die in New Jersey  On this episode of The Tampa Morgue Tony and Ed discuss growing up in the New Jersey metal scene. They will play some old 80/90's New Jersey underground demos and talk about upcoming guests, shows, Crazy Eddie, Clerks, City Gardens and much more. See you at the Morgue! Music:Oblivion ( NJ)  - Rabid Bestial Fantom Warior ( NJ)- Morbid Invasion Resurrection- ( NJ)- After Death  original air date: 4/5/2024Contact: thetampamorgue@gmail.comThe Tampa Morgue Podcast can be found on Spotify, Amazon Music, Apple Music, Apple Podcasts, YouTube and most places you listen to your podcasts. 

Yo-Eleven MinutesMostly Vegas. No BS. Casino Experience +more⬇️Yo-11 Minutes: E46 Season 2 “Casinos have NO DUTY to STOP compulsive gamblers!” On this episode:Michael discusses: Casinos have no duty of care for problem gamblers.Movestro's News Story: Caesars Projection Mapping, Carolyn Goodman's A's comment, RIP Toby Keith.Links:Atlantic City: Judge in Borgata/MGM case rules casinos have no duty to stop compulsive gamblers from bettingWatch, Like and Sub on YouTubeThe Yo-11 Minutes Playlist on YouTubeSupport the show⁉️ Want to contact us or share something?Chat to TravelZork, ZorkCast and TravelZork Travel!

This edition of the BONUS Mailbag features Q&A and discussions on O'Shea Jackson, Mace & Mansoor, WCW's stars' appearance on Bill Maher, "Sea Monkey Heat," McAfee/Rodgers/Kimmel, wrestling themed bars & clubs, a live AEW report, how to wake a dead crowd, "Crazy Eddie" appears on another show, potential Royal Rumble surprises, Chris Jericho's tweets, Bret Hart's recollection of Konnan teaching him the Sharpshooter, Roman Reigns & Leukemia, Fit Finlay and more!Check out our Patreon site at Konnan.me and Patreon.com/Konnan for extra audio, FULL AD FREE episodes, exclusive video, listener roundtable discussion shows, weekly watch-a-longs, call in shows with Konnan and DI, plus so much more!Get Interactive on Twitter @Konnan5150 @TheRealDisco @JFFeeney3rd @TheCCNetwork1 @K100Konnan @TheHughezy @HarryRuiz @HugoSavinovich @RoyLucier @FeliciaRoseYoutube: https://www.youtube.com/@KeepinIt100OFFICIALRUMBLE: https://rumble.com/k100konnan@K100Konnan on Facebook, Twitter, and Instagram!At get-blitzed.com, the code K100 gets you 15% off! Get Blitzed's unique line of products (created by Mickey Ray Sinatra from Mo Thugs South!) include nano infused THC Delta 9 syrup! Delta 9 is real deal THC, not the garbage they sell in the gas stations.Delta 9 is SUPER potent, like THC on steroids! It has a 5-15 minute onset with as little as a teaspoon, and it works like alcohol but with NO hangover! Take a look at their revolutionary products & enjoy some savings while you're at it!Check out LegacySupps.com and use the code K100 for 10% off of their fat burner, pre workout, testosterone supplement, and sleep aid! Brought to you by friend of the show, Nick Aldis! Plus they now carry Women's supplements, brought to you by Mickie James!Download DraftKings SportsBook NOW, and use code K100 to sign up! New customers can take home TWO HUNDRED DOLLARS IN BONUS BETS INSTANTLY just for betting five bucks!Go to Manscaped.com and use our new code K100 for 20% off all your below the belt male grooming needs, including a trimmer, cologne, wash and deodorant and more! PLUS, the NEW Lawnmower 5.0!Become a supporter of this podcast: https://www.spreaker.com/podcast/k100-w-konnan-disco--4672635/support.

Meg and Jessica read stories shared by our Yorkvillian listeners who spent, and misspent, their formative years in Yorkville, tucked between East 79th and East 96th, between 3rd and the East River.Please check out our website, follow us on Instagram, on Facebook, and...WRITE US A REVIEW HEREWe'd LOVE to hear from you! Let us know if you have any ideas for stories HEREThank you for listening!Love,Meg and Jessica

This week we discuss the electronics store Crazy Eddie that ballooned in New York City during the 1980s because it had marketing so memorable they were better known than the president. But the whole thing was an illicit front for its scuzzy owner Eddie Antar to steal whatever he could get his hands on.

Willy ever so kindly invited us into his home on a last minute change up due to the scorching heat of Austin, Texas. We talk about good and bad memories from the past decade, MusicFest and a whole lot more.Find Reckless Kelly's music, tour dates and merchandise at https://recklesskelly.com/Intro music: "Free Man" by Bri BagwellOutro music: "Crazy Eddie's Last Hurrah" by Reckless KellySupport the show

Crazy Eddie had a slew of stores selling cheap electronics, touted by infectious advertising. Like the universe itself, the Crazy Eddie empire expanded exponentially. Money flowed, celebrities orbited, good times rolled. But then, like a capitalist black hole, it all imploded. So long, Crazy Eddie. Godspeed, you crooked warrior.See omnystudio.com/listener for privacy information.

In the second of 7 podcasts recorded at T.H.E. Show 2023, we expand our conversation into the distrubtion arm of Denmark's ultra-luxe brand, Gryphon Audio Designs ApS. We speak with Anthony Chiarella, Director of Sales & Marketing for Gryphon Audio Designs N.A., which was established as a wholly owned subsidiary of the brand headquartered in Denmark, to extend Gryphon's availability through its U.S. and Canadian retailer partners. Anthony shares his unique background and provides an industry insider's perspective of the high-end audio business. Anthony Chiarella officially became an audio geek at the age of 13 when he joined his high school AV Club (“We got beaten-up by the football team every Friday!”) and by 16 he was working as an Audio Salesman at New York's notorious Crazy Eddie. After earning his MBA, he achieved success on Wall Street but soon realized he was more interested in HiFi than High Finance and took a sales position at Lyric HiFi, then the mecca for High End Audio, where he met many industry luminaries including Harry Pearson, Founder and Publisher of The Absolute Sound (TAS). Anthony soon started writing for TAS and most other High End mags and wound up freelancing for Maxim, Esquire, GQ and other mainstream Men's Magazines. At the same time, some of the companies about whose products he was writing were looking for sales and marketing help, which led him to found Specialty Sound and Vision (SSV), a NY Metro Rep Firm, in 1996. Dedicated to working with the territory's best retailers, SSV is considered “THE High End Rep Firm.” After the Great Recession, most of the NY Metro retailers closed, so SSV became a National Sales Management company, representing Gryphon, Brinkmann and other Ultra-Luxe High End Manufacturers across the US and Canada.Thank you to our sponsors Q Acoustics & SVS for the support of our programming!https://www.qacoustics.comhttps://www.svsound.comRelated links: Podcast: Gryphon Audio's #1 Dealer, Joseph Cali at T.H.E. Show 2023https://www.ecoustics.com/podcasts/gryphon-dealer-joseph-cali/Gryphon Audio Trident II Loudspeakers & Apex Amplifier at T.H.E. Show 2023https://www.ecoustics.com/news/gryphon-audio-the-show-2023/This episode was hosted by Brian Mitchell, eCoustics Founder & CEO and Mitch Anderson of Black Circle Studios. It was recorded on June 9, 2023 at T.H.E. Show at the Hilton Orange County/Costa Mesa.Credits:• Original intro music by The Arc of All. sourceoflightandpower.bandcamp.com• Voice Over Provided by Todd Harrell of SSP Unlimited. https://sspunlimited.com• Production by Mitch Anderson, Black Circle Studios. https://blackcircleradio.comKeep up-to-date with all the latest Hi-Fi, Headphone, Home Theater and Music news by visiting:https://www.ecoustics.com#hifi #ecoustics #listeningroom #gryphonaudio #ultralux #luxuryaudio #danishdesign #audiophile #theshow2023 #theshowsocal2023 #highendaudio #breakingthesoundbarrier #vinylcommunity

This week Matt treats the lads to the saga of Crazy Eddie, the sales and advertising icon of New York who pioneered as much in advertising as he innovated inventory and tax scams while battling the jealousy within his own family!

After a short break, Nate is back with an update on some future projects and appearances before sitting down with his guest, Jefferson Berry. Jefferson talks about growing up, the Beatles first appearance on the Ed Sullivan Show, the music on the west coast in 1967, getting into the radio industry, moving back to the east coast, starting at WYSP and the early days of the Howard Stern show, bringing Crazy Eddie into the Philly market, writing music, the art of storytelling in songwriting, getting out of the radio business and becoming a teacher in the inner city, starting the band Hippies and Hillbillies and the birth of his Urban Acoustic sound, the influence of teaching on his songwriting, having Symere Woods in his class (who would go on to become Lil Uzi Vert), the tragic death of Runup Rico, losing students to gun violence, the deep poverty issues in Philadelphia, his song "Locks and Guns," putting together the Urban Acoustic Coalition and recording his music, recording Prairie Fire and Dreams of Modern Living concurrently, working with Emily Drinker and Irene Lambrou, the album release show at the Living Room in Ardmore, and the upcoming the Urban Acoustic movie. And then, Jefferson enters the Jawntlet!Jefferson Berry websiteJefferson Berry BandcampJefferson Berry InstagramJefferson Berry Facebook --- Send in a voice message: https://podcasters.spotify.com/pod/show/ytmj/message Support this podcast: https://podcasters.spotify.com/pod/show/ytmj/support

01:15 Orbán 60. 02:05 Megint Erdogan. A választási autokráciák zsenialitása. A 444 podcastja Törökországról. Megtolja Orbán megint az ellenzéket? 05:05 Meglepetések nélkül zajlott le az ISZOMM-kongresszus. Galba-Deák Ádám és Szarvas Koppány Bendegúz, korunk nagy pártszédelgői. 07:39 Ki miért gyászolja és miért nem gyászolja Suhajda Szilárdot? És a debreceni vemhes szurikátát? És Kolonics Györgyöt? Miért pofázik aki nem tudja, hol a Hillary-lépcső? 11:44 Amikor már lehetett sejteni, hogy csúnya vége lesz. Minden, amit tudni kell Gelje serpáról. Vannak a serpáknak serpái? Egyébként a serpa nép félmilliós. 15:21 Minden Nimsről, aki magar. K2 télen. Magar-magyar kapcsolat. Magaslati sátor. 20:00 Minden a magashegyi oxigénpalackról. 23:11 Gyúrós oxigén. Na de mit mond Gelje serpa felesége? Mikor pihen Gelje? Mennyibe kerülne a Gellért-hegyre? 27:24 Nem ugrunk ki Rijádba meccsre? MLS vs. NHL. Női edző a Brentfordnál. 30:05 Winkler Róbert a debreceni VIP-ben, zöld-fehérben konfrontálódik a DVSC tulajdonsával. 33:44 Crazy Eddie és a nikotin. Manórúd Debrecenben. 36:53 A Zsézsélökúthr helyes kiesjtése. 38:39 Hírek a német outdooriparból. Motoros munkavédelmi kesztyű. 40:58 Tuttofood Tuttowine a progresszív LMBTQ szardíniai delikátesz. Négy mórfej és a még inkluzívabb Pride. A sajtkukacos szardíniai sajt.  A bottarga dicsérete. Tengeri pér vs. édesvizi pér. 47:03 Johnny Depp ismét hülyét csinál magából. 50:30 Te voltál Panterán? Pantera ft. Csihar. 54:41 Vitorláskalandok és túl hangos zene a Balaton körül. Hobie kajakok (és mini vitorlások). See omnystudio.com/listener for privacy information.

In the eighth episode of Season 3 of History's Greatest Idiots, Lev and Derek examine the life of one of the most controversial people of the 21st Century (Milo Yiannopoulos) and look back on the incredible rise and epic fall of one of America's most notorious retailers/fraudsters ("Crazy" Eddie Antar). ⁠⁠Support us ⁠⁠on Patreon⁠⁠⁠⁠ Our ⁠⁠YouTube⁠ ⁠⁠Visit ⁠⁠our Instagram⁠⁠⁠⁠ ⁠⁠Or ⁠⁠our Twitter⁠⁠⁠⁠ Hosts: Lev & Derek ⁠⁠⁠⁠https://linktr.ee/Lev_Myskin⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://linktr.ee/ThatEffnGuy⁠⁠⁠⁠ Artist: Sarah Chey ⁠⁠⁠⁠https://www.fiverr.com/sarahchey⁠⁠⁠⁠ Animation: Daniel Wilson   ⁠⁠⁠⁠https://www.instagram.com/wilson_the_wilson⁠⁠ ⁠⁠ Music: Andrew Wilson   ⁠⁠⁠⁠https://www.instagram.com/andrews_electric_sheep⁠ --- Support this podcast: https://podcasters.spotify.com/pod/show/historysgreatestidiots/support

What's poppin' con-gregation? This week, Allison Raskin joins the show to discuss Crazy Eddie, a businessman who became popular during the 1970's and 80's for his outlandish commercials selling discount electronics. Eventually, he was exposed as the King of Fraud. Plus, a popular social media photographer recently confesses to using AI technology to gain followers. Stay Schemin'! Research by Kaelyn Brandt SOURCES:https://petapixel.com/2023/02/21/popular-instagram-photographer-revealed-as-ai-fraud/https://arstechnica.com/information-technology/2023/02/viral-instagram-photographer-has-a-confession-his-photos-are-ai-generated/https://www.newyorker.com/culture/culture-desk/remembering-crazy-eddie-his-prices-were-insanehttps://nypost.com/2022/09/10/retail-king-crazy-eddie-antar-led-an-even-crazier-real-life/https://www.nytimes.com/2022/08/09/books/review-retail-gangster-gary-weiss.html

In the 1980s, the discount electronics chain store Crazy Eddie was so famous, its commercials were parodied on "Saturday Night Live." So when the family business began selling its company shares on Wall Street — making millions — nobody questioned its success. Gary Weiss' book is Retail Gangster: The Insane, Real-Life Story of Crazy Eddie.  Say hello on Twitter, Facebook and Instagram. Sign up for our occasional newsletter, The Accomplice. Follow the show and review us on Apple Podcasts: iTunes.com/CriminalShow. Listen back through our archives at youtube.com/criminalpodcast.  We also make This is Love and Phoebe Reads a Mystery. Artwork by Julienne Alexander. Check out our online shop.  Episode transcripts are posted on our website. Learn more about your ad choices. Visit podcastchoices.com/adchoices

IMAGINE A CITY WITH NOT ONE. NOT TWO. BUT THREE BILLY JOEL CONVENTIONS. IN THE SAME WEEKEND! That's what Whisp, Geoff and Art are dealing with this morning! Plus an in-studio appearance by Val Verde High School Head Basketball COACH PORT JEFFERSON (Eric Silver). He claims he isn't a "Billy Joel," but the guys have their doubts. Sponsored by: Jazz Fusion Networking! BUTTROCKAPALOOZA! Bert's Funeral Flowers and Crazy Eddie's Pizza Shoppe! Guest starring: Eric Silver as Coach Port Jefferson! Eric Silver is the Head of Creative at Multitude, an independent podcast collective and production studio in Brooklyn. He's produced 11 podcasts that have racked up tens of millions of downloads, and developed many more, characterized by strong, original structures and thriving communities. He is also a writer, game designer, teacher, and crewneck sweatshirt enthusiast. Catch him every week on the actual play TTRPG show Join the Party, the games advice podcast Games and Feelings, and the madcap game show about your favorite things, Tell Me About It. Get all things 108.9 The Hawk at 1089thehawk.com! Also, the big Hawk announcement you've all been waiting for happens next Monday during HAWK ROCK TALK: AEROSMITH! GET THAT 108.9 THE HAWK MERCH: http://tee.pub/lic/goodrockshirts SOCIAL SIGHTS: https://twitter.com/1089thehawk https://instagram.com/1089thehawk

Retail Gangster' author Gary Weiss closes the circuit on a crooked discount electronics empire.

Gary Weiss joins the pod to discuss "The Insane, Real-Life Story of Crazy Eddie" and his book about that.

Julie wants to take Scott's phone apart. That's when Scott knows she's gone Crazy Eddie. Episode 301: The Mote in God's Eye by Larry Niven and Jerry Pournelle.Download or listen via this link: |Episode #301| Subscribe to the podcast via this link: Feedburner Or subscribe via iTunes by clicking: |HERE|

An interview with Anthony Chiarella of Specialty Sound & Vision and our 2023 Buyer's Guide Special. Scot, Marc and Brian go over some of the best and brightest audio products reviewed and heard for the upcoming year. Broken out into 12 categories, the buyer's guide provides some insight into the season's best audiophile products along with some general hifi banter and acoustic tips.  The show also features a surprising follow up to our S8E5 Halloween special with Anthony who actually worked at Crazy Eddie's retail chain in New Jersey from 1977-1981, before it was dissolved due to Eddie Antar's criminal prosecution. He shares personal stories from that time and further explores the subject with his first hand experience on the sales floor. S8E9 Sponsors: ZUAUDIOdotCOM - Any music, amp or room, there's a Zu for You VONSCHWEIKERTAUDIOdotCOM - VSA Loudspeakers SCHIITdotCOM - Audio Components Designed & Built in California & Texas, Starting At $49 WHARFEDALEUSAdotCOM - Legendary British Sound – Elevated

At the peak of his popularity in the 1980s, electronics retailer “Crazy Eddie” was better known for his screaming and gesticulating television commercials promoting “insane” prices than were then-Mayor Ed Koch and President Ronald Regan. Thousands of customers would flock to store openings, hoping to nab a free t-shirt and get a glimpse of the unhinged pitchman. Behind the scenes, however, Eddie Antar — the real Crazy Eddie, not the TV actor who portrayed him in the commercials — was a thieving, lying, cheat who defrauded just about everyone who ever trusted him, and was ultimately sentenced to eight years in prison. Veteran investigative reporter Gary Weiss has written a page-turning biographical exposé of Eddie Antar: Retail Gangster: The Insane, Real-Life Story of Crazy Eddie. This week Gary and host Dean Rotbart explore both the genius and insanity of Crazy Eddie, a business crook unlike any other in American history. Photo: Gary Weiss, Retail Gangster Posted: December 5, 2022Monday Morning Run Time: 41:45

Are you looking for a story that is 100% guaranteed to blow your mind? A true crime tale that'll leave you wondering how crooks got away with it for so long in the first place? Well, hold on to your girdle, because this one's a doozy. It's got everything: insurance scams, fake passports, an undercover sting operation, Israeli really bank accounts, and huge sales on some of the best TVs and VCRs around (sales tax not included). Best of all, you can listen to this story for the low, low price of FREE! Now that price is insane!  Ray teaches Rob about how a mom-and-pop consumer electronics store went from being a tri-state curiosity to a national sensation; who the real man is behind all those infamous ads; why having a CPA in the family comes in handy when you're committing tax fraud; and why building an empire on a foundation of shady financials and skimming off the top probably isn't the best business model. If you like what we are doing, please support us on Patreon. TEAM Ray Hebel Robert W. Schneider Mark Schroeder Billy Recce Daniel Schwartzberg Gabe Crawford Natalie DeSavia WEBSITE White Collar Fraud   ARTICLES Mental Floss New York Times - 1985 New York Times - 2016 (1) New York Times - 2016 (2) New Yorker NJ.com Washington Post EPISODE CLIPS 1987 Crazy Eddie Commercial Crazy Eddie 'Insane!' Commercial (NY, 1978) Classic Crazy Eddie Commercial 'Bathroom DooWop' (1977-1979) Crazy Eddie Commercials and Bloopers 1980's 1972 Crazy Eddie Radio Commercial for Brooklyn store The Biggest Retail Fraud In American History - Masterminds - Crazy Eddie - Eddie Antar Documentary Crazy Eddie Fever commercial 1978 Crazy Eddie Antar and His CFO/CPA Cousin Sam Antar Meet for first time in 30 Years ADDITIONAL MUSIC & SOUND EFFECTS "Happy Bee" • Kevin MacLeod (incompetech.com) • Licensed under Creative Commons: By Attribution 4.0 • http://creativecommons.org/licenses/by/4.0/ Additional Sound Effects from Final Cut Pro, iLife, and Logic Pro Learn more about your ad choices. Visit megaphone.fm/adchoices

Subscribe to Charles' Alpha Investor newsletter today: https://pro.banyanhill.com/m/2054150 (https://pro.banyanhill.com/m/2054150) He was known to millions as Crazy Eddie. Eddie Antar turned a tiny Brooklyn store into the largest electronics retailer. In the 1970s and 1980s, his commercials were everywhere. “Crazy Eddie! His prices are insaaaaane!" They were even spoofed on Saturday Night Live. But Crazy Eddie's success was a fraud from day one. In fact, before Enron, Madoff, and The Wolf of Wall Street, Antar's corruption was second to none. When it was uncovered, it turned out to be one of the largest SEC frauds in American history. I recently sat down with Gary Weiss, author of Retail Gangster: The Insane, Real-Life Story of Crazy Eddie. What Weiss told me affirms the old adage that truth is often stranger than fiction. Topics Discussed: An Introduction to Gary Weiss (00:00:00) Who's Crazy Eddie? (00:02:42) Fraud from Day 1… (00:13:25) Taking the Scam to Wall Street (00:25:03) Two of the Unluckiest Takeover Artists in the History of Takeovers (00:41:50) What Happens to the Antars? (00:48:34) Guest Bio: Gary Weiss is an American journalist and author. He's been uncovering Wall Street wrongdoing for nearly two decades. He's written for Barron's, Businessweek, as well as Conde Nast Portfolio. His latest book is “Retail Gangster: The Insane, Real-Life Story of Crazy Eddie.” Resources Mentioned: https://www.amazon.com/Retail-Gangster-Insane-Real-Life-Story/dp/0306924552 (Retail Gangster: The Insane, Real-Life Story of Crazy Eddie) https://www.youtube.com/watch?v=I_dl2tsuUtc&ab_channel=Kenny%2CTheWineGuy%F0%9F%8D%B7 (Crazy Eddie Ad) Transcript: https://charlesmizrahi.com/podcast/podcast-season-9/2022/10/25/crazy-eddie-biggest-fraud-america-gary-weiss/ (https://charlesmizrahi.com/podcast/)  Don't Forget To... • Subscribe to my podcast! • Download this episode to save for later • Liked this episode? Leave a kind review!

An Occasional Podcast Halloween special. What ever happened to Crazy Eddie's chain of electronics stores? In this episode, we explore the rise, fraud and fallout of one of the biggest retail scams that just kept getting bigger and bigger. What started as a small electronics chain grew into 43 stores in four states and an alleged $300 million in sales. If you were around the area in the 80's, the signature high energy "crazy Eddie" commercials saturated the popular culture at the time. His brand of intense media blitz earned a place in the mindset of many, millions of stolen dollars and a crimial investigation. This epsiode also marks the return of co-host Bryan Beasley, special thanks to him for his many contributions helping put this complex show together.  S8E5 Sponsors: ZUAUDIOdotCOM - Any music, amp or room, there's a Zu for You PURISTAUDIODESIGNdotCOM - Let Us Connect You To The Music! INNUOSdotCOM - Listen From Within SCHIITdotCOM - Audio Components Designed & Built in California & Texas, Starting At $49

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

Topics: care package from British Columbia, Bee's Knees Provisions, Central Park, running, Ray Rizzo with Bridget St. John and Michael Shannon at Rockwood Music Hall, The National at Capitol Theatre, Pet Shop Boys and New Order at Madison Square Garden, Pavement and Horesegirl at Kings Theatre, trip to Baltimore, Camden Yards, trip to Ontario, high school reunion, Autofiction by Suede, In These Times by Makaya McCraven, Midnight Scorchers by Horace Andy, Gamelatron Bidadari by Zemi17, Retail Gangster: The Insane, Real-Life Story of Crazy Eddie by Gary Weiss, No One Is Talking About This by Patricia Lockwood.

The rise and fall of a criminal yet legendary electronics store dominated the tri-state area in the 1980s.Signs of LA book (Amazon): https://amzn.to/3DJwIjRSigns of LA book (Everywhere else): https://linktr.ee/signsoflabookMore Ghost Town: https://www.ghosttownpod.comSupport the show: https://www.patreon.com/ghosttownpodInstagram: https;//www.instagram.com/ghosttownpodSources: https://bit.ly/3R9RnAE Learn more about your ad choices. Visit podcastchoices.com/adchoices Hosted on Acast. See acast.com/privacy for more information.

The rise and fall of a criminal yet legendary electronics store dominated the tri-state area in the 1980s. Signs of LA book (Amazon): https://amzn.to/3DJwIjR Signs of LA book (Everywhere else): https://linktr.ee/signsoflabook More Ghost Town: https://www.ghosttownpod.com Support the show: https://www.patreon.com/ghosttownpod Instagram: https;//www.instagram.com/ghosttownpod Sources: https://bit.ly/3R9RnAE Learn more about your ad choices. Visit podcastchoices.com/adchoices

Last Call of The Day! The show that gets you ready for the weekend giving you something else to talk about other than the job. This episode Tansey sits down with Author of Retail Gangster, Gary Weiss, to talk about the raise and fall of Crazy Eddie and how he went from a simple electronic salesman to a master fraud retail gangster. Gary is a great story teller and this book is a must have in your go bag! 

SEGMENT 1 with Gary Weiss, starting at 0:00: Crazy Eddie was one of the most brazen, longest-running frauds in history. For twenty years, the criminal mastermind Eddie Antar fooled everyone he came into contact with, from Wall Street 'masters of the universe' to the government, the media, and the people who came into his stores. How'd he do it and what happened to him?SEGMENT 2 with Grant McCracken, starting at 19:30: A hundred years ago, when we went from an agrarian society to an industrialized one, life changed for most Americans. It changed where we lived, how we worked, and what we did in our spare time. Is our society changing yet again—from an industrial economy to an artisan one?SEGMENT 3 with Howard Makler, starting at 36:00: What if I told you there was a payroll tax refund out there for every small business that has employees that could net you $10,000s or $100,000s? You want to hear more, right?Sponsored by Truly Financial.

Shop Talk looks at three food related business stories. Caught My Eye looks at a woman who has filed a lawsuit in Federal Court for being denied a FCANCER license plate. Also, a new book was just released about Crazy Eddie, the northeastern electronics giant, who was forever present on TV in the 80's. James Lick, at one time the “Richest Man in California,” is our Business Birthday.We're all business. Except when we're not.Apple Podcasts: apple.co/1WwDBrCSpotify: spoti.fi/2pC19B1iHeart Radio: bit.ly/2n0Z7H1Tunein: bit.ly/1SE3NMbStitcher: bit.ly/1N97ZquGoogle Podcasts: bit.ly/1pQTcVWPandora: pdora.co/2pEfctjYouTube: bit.ly/1spAF5aAlso follow Tim and John on:Facebook: www.facebook.com/focusgroupradioTwitter: www.twitter.com/focusgroupradioInstagram: www.instagram.com/focusgroupradio

Meg discovers Crazy Eddie wasn't quite what he seemed. Jessica discovers Karen Finley's yam situation was exactly what it seemed.