The match king : Ivar Kreuger, the financial genius behind a century of Wall Street scandals
INITIAL_TITLE_SRCH:
The match king : Ivar Kreuger, the financial genius behind a century of Wall Street scandals
AUTHOR:
Partnoy, Frank
ISBN:
9781586487430
EDITION:
1st ed.
PUBLICATION_INFO:
New York : PublicAffairs, c2009
PHYSICAL_DESC:
xiii, 272 p. ; 25 cm
ABSTRACT:
A nearly century-old Wall Street scandal rooted in unscrupulous investment banking and derivative hedge funds techniques developed by one man--Swedish e?migre? and notorious charmer Ivar Kreuger. Kreuger made his fortune in the 1920s by raising money from American investors to lend to European governments in exchange for match monopolies. After the collapse of 1929, he continued to make money. Then in 1932 he suddenly committed suicide. As his fraudulent schemes unraveled in the wake of his death, the so-called "Kreuger crash" began, bankrupting millions and leading to the enactment of the securities laws of 1933 and 1934.
SUBJECT_TERM:
SUBJECT:
Kreuger, Ivar, 1880-1932 |
Svenska tandsticks AB -- History |
Kreuger & Toll -- History |
Sveriges riksbank -- History |
Match industry -- Sweden -- History |
Commercial criminals -- Sweden -- Biography |
Swindlers and swindling -- Sweden -- Biography |
Capitalists and financiers -- Sweden -- Biography |
Businesspeople -- Sweden -- Biography |
International finance -- Corrupt practices -- History |
BIBSUMMARY:
A nearly century-old Wall Street scandal rooted in unscrupulous investment banking and derivative hedge funds techniques developed by one man--Swedish e?migre? and notorious charmer Ivar Kreuger. Kreuger made his fortune in the 1920s by raising money from American investors to lend to European governments in exchange for match monopolies. After the collapse of 1929, he continued to make money. Then in 1932 he suddenly committed suicide. As his fraudulent schemes unraveled in the wake of his death, the so-called "Kreuger crash" began, bankrupting millions and leading to the enactment of the securities laws of 1933 and 1934.