Mystery Theme (Movie) by BruceM

Question 8

"Do you know who is LOCO?"

In a certain comedy sketch, what is the first name of the fictitious gangster who tries (and fails) to demonstrate that he's crazy by (among other things) revealing his killer whale boxer shorts, showing off fro-yo cards with just one stamp on each card, and putting a trash can on his head?

An otherwise unrelated gangster with this first name is the protagonist of an Edwin Torres novel made into a Brian De Palma film.