![]() ![]() Unable to sustain his fraudulent business practices, co-founder Eddie Antar cashed in millions of dollars' worth of stock and resigned from the company in December 1986. During the process of going public, Crazy Eddie continued to engage in fraud, over-reporting profits, inflating inventory and duping auditors. ![]() These practices, in conjunction with aggressive sales tactics, enabled Crazy Eddie to significantly undercut competitors and grow rapidly. Īlmost from the beginning, Crazy Eddie engaged in fraudulent business practices, including under-reporting income, skimming sales taxes, and paying employees off the books. At its peak, Crazy Eddie had 43 stores in four states and reported more than $300 million in sales. The chain rose to prominence throughout the Tri-State area (New York-New Jersey-Connecticut) as much for its prices as for its memorable radio and television commercials, featuring a frenetic, "crazy" character played by radio DJ Jerry Carroll (who copied most of his shtick from early TV commercial pioneer, used car and electronics salesman Earl "Madman" Muntz). Antar, and was previously named ERS Electronics (ERS stood for Eddie, Rose and Sam Rose and Sam were Eddie's parents). The chain was started in 1971 in Brooklyn, New York, by businessmen Eddie and Sam M. Reginald Eadie is the president and CEO of Trinity Health Of New England.Eddie Antar, co-founder, president and CEOĬrazy Eddie was a consumer electronics chain in the Northeastern United States. I also think it leads us, as a nation, to ask the most important question: Do the significant decreases in hospitalizations for these five serious illnesses and the increase in at-home deaths suggest another public health crisis is on the way? These increases in at-home deaths are stunning and in my opinion clearly show that community members listened to the “stay at home” messages they heard. To compare New York and Connecticut with another state, I contacted Major Clora Jr., president and director of the Clora Funeral Home in Michigan, who revealed that his COVID-19 at-home removals increased 150% during that same 30-day period. Hill Funeral Services located in Hartford, Bloomfield and New Haven, who told me he saw a 166% increase in at-home deaths during a 30-day period from March 15 to April 15, compared to a year earlier. I spoke with Howard Hill, the owner of Howard K. I wanted to collect more data, so I went straight to the source: funeral homes. With this large decrease in life-threatening hospital visits, it raises the question: Are people suffering with illnesses while staying home? Moreover, does this translate into an increase in at-home deaths?Īccording to NPR, New York City officials said more than 2,192 residents died in their homes during a two-week period starting in late March, compared to 453 at-home deaths during the same period a year earlier. Syed Hussain, chief clinical officer at Trinity Health Of New England, said that based on historical data, “we are aware that Connecticut residents desperately need medical attention for non-COVID related illnesses, and yet are staying home.” This data, showing such unprecedented and significant declines, leads to the next important question: Are Americans staying at home for the wrong reasons?ĭr. At one Connecticut hospital, the number of discharges during a 30-day period starting March 15 for five life-threatening illnesses - including heart attack, heart failure, stroke, appendicitis and gallbladder disease - showed a decline ranging from 43% to 72% when compared to the same 30-day period in the previous year. In the state of Connecticut, emergency department visits were, at one point, down by 43%.
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