- Narrated by: Richard Ferrone
- Length: 11 hrs and 59 mins
- Release date: 08-23-22
Retail Gangster By Gary Weiss AudioBook Summary
A biography of the spectacular rise and fall of Eddie Antar, better known as “Crazy Eddie,” whose home electronics empire changed the world even as it turned out to be one of the biggest business scams of all time
Back in the fall of 2016, we heard the news about the passing of Eddie Antar, “Crazy Eddie” as he was known to millions of people, the man behind the successful chain of electronic stores and one of the most iconic ad campaigns in history. Few things evoke the New York of a particular era the way “Crazy Eddie! His prices are insaaaaane!” does. The journalist Herb Greenberg called his death the “end of an era” and that couldn’t be more true. What’s insane is that his story has never been told.
Before Enron, before Madoff, before The Wolf of Wall Street, Eddie Antar’s corruption was second to none. The difference was that it was a street franchise, a local place that was in the blood stream of everyone’s daily life in the 1970s and early ’80s. And Eddie pulled it off with a certain style, an in your face blue collar chutzpah. Despite the fact that then U.S. Attorney Michael Chertoffcalled him “the Darth Vader of capitalism” after the extent of the fraud was revealed, one of the largest SEC frauds in American history after Crazy Eddie’s stores went public in 1984, Eddie was talked about fondly by the people who worked for him. They still do–there are myriads of ex-Crazy Eddie employee web pages that still attract fans, and the Crazy Eddie fraud scheme is now taught in every business school across the United States.