Crazy Eddie: The popular electronics chain that scammed America

On September 13, 1984, as stocks wavered through a bear market, regional electronics chain Crazy Eddie held a hyped initial public offering.

If it seems odd that a purveyor of VCRs and stereos could make investors swoon, remember that this was the 1980s, and people were getting pumped about cellular phones that were roughly the size of microwaves. And know that this electronics company was Crazy Eddie, a brand that, in so many ways, was breaking the usual rules… read more >