The Match King

The Match King

Ivar Kreuger, the Financial Genius Behind A Century of Wall Street Scandals

eBook - 2009
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At the height of the roaring '20s, Swedish émigré Ivar Kreuger made a fortune raising money in America and loaning it to Europe in exchange for matchstick monopolies. His enterprise was a rare success story throughout the Great Depression. Yet after his suicide in 1932, it became clear that Kreuger was not all he seemed: evidence surfaced of fudged accounting figures, off-balance-sheet accounting, even forgery. He created a raft of innovative financial products-- many of them precursors to instruments wreaking havoc in today's markets. In this gripping financial biography, Frank Partnoy recasts the life story of a remarkable yet forgotten genius in ways that force us to re-think our ideas about the wisdom of crowds, the invisible hand, and the free and unfettered market.
Publisher: New York : PublicAffairs, 2009.
Edition: 1st ed.
ISBN: 9780786741540
9781586487430
Branch Call Number: ELECTRONIC BOOK
Characteristics: 1 online resource (xiii, 272 p.)
Additional Contributors: ebrary, Inc
Call Number: ELECTRONIC BOOK

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