Crazy Eddie ran a namesake electronics retailer in the New York area that became one of the more infamous stock fraud cases of the late 1980s.
“They shouldn’t make a movie out of that,” Antar said.
He gave a heads up to Howard Sirota, an attorney who won a $706 millionclass-action lawsuit judgment in 1996. Unfortunately, CrazyEddie has been unable to pay up, so Sirota Antar wants to go after whatever profits he makes from a film.
Appearently, Crazy Eddie has been talking to Danny DeVito. Click here to read more details in The New York Post.
“I will tell you an ironic-but-true story,” said Antar. “While I originally was negotiating my plea bargain around 1990, a certain lawyer representing the victims threatened me that if I did not cooperate, he would make sure that Danny DeVito, himself, would play me in a future Crazy Eddie movie.”
Given all the enormous frauds uncovered in the market since the 1980s, I can’t imagine Crazy Eddie even ranks any more. Click here if you missed my column on Sam Antar.