Marian Buggs
ACG 2071
11/10/2016
THAT WAY LIES MADNESS!
In the seventies an astute business man (Eddie Antar), opened an electronics store in
Brooklyn, NY. Over a course of twenty years, his retail chain grew to many outlet stores in NY,
NJ and Connecticut area. His store offered the most impractical prices in town for his high end
electronics. The catalyst for “Crazy Eddie!” Nevertheless, he was not crazy at all, he was a very
shrewd and manipulative, greedy individual, who misappropriate millions of dollars, from his
customers, stockholders and the government.
In order to make his company look better than it actually was he performed fraudulent
accounting maneuvers to gather market shares. Once he became the dominate firm, he offered