World's Greatest Con

Crazy Eddie - Part II

70 snips
Nov 27, 2024
Eddie Antar hatches a wild scheme to rake in millions, turning him into an international fugitive. The tale unfolds with fascinating stories of betrayal, showcasing the complex ties between him and his cousin Sammy. As their deceitful business approach leads to an empire's dramatic fall, listeners delve into the emotional weight of betrayal. Nostalgic recollections and holiday wishes add a personal touch, while reflecting on the darker side of ambition and greed.
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ANECDOTE

Eddie's Expansion and Sammy's Involvement

  • Eddie Antar expanded Crazy Eddie's and skimmed money, but wanted more.
  • He involved his younger cousin Sammy, who idolized him, in an IPO scheme.
ANECDOTE

The IPO Proposal

  • In 1979, Eddie, his father Sam M., and cousin Sammy discussed taking Crazy Eddie's public.
  • Sammy, fresh out of college with an accounting degree, proposed this "golden idea."
ANECDOTE

Sammy's Background and Eddie's Investment

  • Sammy worked for Eddie since 14, admiring his older cousin's business acumen.
  • Eddie saw potential in Sammy's interest in Wall Street and financed his college education in exchange for help with Crazy Eddie's financials.
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