{"id":16703,"date":"2009-09-15T10:00:01","date_gmt":"2009-09-15T10:00:01","guid":{"rendered":"https:\/\/blogs.msdn.microsoft.com\/oldnewthing\/2009\/09\/15\/crazy-eddie-his-prices-were-insane-because-it-was-all-a-criminal-operation\/"},"modified":"2009-09-15T10:00:01","modified_gmt":"2009-09-15T10:00:01","slug":"crazy-eddie-his-prices-were-insane-because-it-was-all-a-criminal-operation","status":"publish","type":"post","link":"https:\/\/devblogs.microsoft.com\/oldnewthing\/20090915-01\/?p=16703","title":{"rendered":"Crazy Eddie: His prices were insane because it was all a criminal operation"},"content":{"rendered":"<p>If you lived in the New York metropolitan area in the 1980&#8217;s, you couldn&#8217;t avoid the advertisements for electronics store <a href=\"http:\/\/en.wikipedia.org\/wiki\/Crazy_Eddie\"> Crazy Eddie<\/a>. What I didn&#8217;t realize until now was that the retail establishment <a href=\"http:\/\/www.theticker.org\/2.10632\/not-so-crazy-eddie-1.1415828\"> was a criminal operation from day one<\/a>. Sam Antar, Crazy Eddie CFO, and nephew of company namesake Eddie Antar, talks us through the entire operation <a href=\"http:\/\/www.npr.org\/blogs\/money\/2009\/08\/into_the_mind_of_a_financial_c.html\"> in this riveting interview<\/a>. Along the way, you&#8217;ll learn why it was at first advantageous to under-report revenues, then later why it became advantageous to return the unreported money back to the system.\n Unexpected skill you develop as a money launderer: You can look at a bag and immediately calculate how much cash will fit in it.<\/p>\n<p> Other <i>Planet Money<\/i> podcasts I found interesting: <\/p>\n<ul>\n<li>     <a href=\"http:\/\/www.npr.org\/blogs\/money\/2009\/07\/hear_bloody_miserable_medieval.html\">     Bloody, Miserable Medieval Economics<\/a>:     Part 1 of a series on the economics of the Middle Ages. <\/li>\n<li>     <a href=\"http:\/\/www.npr.org\/blogs\/money\/2009\/08\/podcast_economics_for_12th_cen.html\">     Economics for 12th Century French Peasants<\/a>:     Part 2 of a series on the economics of the Middle Ages. <\/li>\n<li>     <a href=\"http:\/\/www.npr.org\/blogs\/money\/2009\/09\/podcast_economics_for_medieval.html\">     Economics For Medieval Chinese Peasants<\/a>:     Part 3 of the two-part series. <\/li>\n<li>     <a href=\"http:\/\/www.npr.org\/blogs\/money\/2009\/09\/podcast_the_economics_of_ticke.html\">     The Economics of Ticketmaster<\/a>,     and why you have to pay a convenience fee to spend your own     ink and paper to print out your ticket. <\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>If you lived in the New York metropolitan area in the 1980&#8217;s, you couldn&#8217;t avoid the advertisements for electronics store Crazy Eddie. What I didn&#8217;t realize until now was that the retail establishment was a criminal operation from day one. Sam Antar, Crazy Eddie CFO, and nephew of company namesake Eddie Antar, talks us through [&hellip;]<\/p>\n","protected":false},"author":1069,"featured_media":111744,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[103],"class_list":["post-16703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oldnewthing","tag-non-computer"],"acf":[],"blog_post_summary":"<p>If you lived in the New York metropolitan area in the 1980&#8217;s, you couldn&#8217;t avoid the advertisements for electronics store Crazy Eddie. What I didn&#8217;t realize until now was that the retail establishment was a criminal operation from day one. Sam Antar, Crazy Eddie CFO, and nephew of company namesake Eddie Antar, talks us through [&hellip;]<\/p>\n","_links":{"self":[{"href":"https:\/\/devblogs.microsoft.com\/oldnewthing\/wp-json\/wp\/v2\/posts\/16703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/devblogs.microsoft.com\/oldnewthing\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/devblogs.microsoft.com\/oldnewthing\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/devblogs.microsoft.com\/oldnewthing\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/devblogs.microsoft.com\/oldnewthing\/wp-json\/wp\/v2\/comments?post=16703"}],"version-history":[{"count":0,"href":"https:\/\/devblogs.microsoft.com\/oldnewthing\/wp-json\/wp\/v2\/posts\/16703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/devblogs.microsoft.com\/oldnewthing\/wp-json\/wp\/v2\/media\/111744"}],"wp:attachment":[{"href":"https:\/\/devblogs.microsoft.com\/oldnewthing\/wp-json\/wp\/v2\/media?parent=16703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/devblogs.microsoft.com\/oldnewthing\/wp-json\/wp\/v2\/categories?post=16703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/devblogs.microsoft.com\/oldnewthing\/wp-json\/wp\/v2\/tags?post=16703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}