Hello, Planet Money listeners.
This is Kenny Malone.
We have a story today, one of our absolute favorite episodes that originally aired a few years back,
but since then, there have been a few significant updates.
So stick around to the end of the story to hear those.
Here's the episode.
This is Planet Money from npr.
A few months ago, I heard about a guy who had a small fortune taken from him, Walter Schramm.
We got Walter on the phone to ask him about his missing money, and he was angry.
But you should know that the angry version of Walter Schramm sounds like this.
It would have been nice, but I guess that's gone.
Walter is very Jill.
And ironically, it's that trait that both brought him a small fortune and cost him it.
Here's what happened.
Walter is Italian, and In the late 90s,
he had the brilliant idea to start a company selling Italian specialty products.
Online, largely to Americans, like coffee machines, pasta machines, coffee.
At first, it seemed like things were going really well,
except for that, around the same time, another online retailer launched Amazon.
They were bigger, seemed to have endless money.