The Match King: Ivar Kreuger, the Financial Genius Behind a Century of Wall Street Scandals by Frank Partnoy Download (read online) free eBook

The Match King: Ivar Kreuger, the Financial Genius Behind a Century of Wall Street Scandals

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 Kreuger’s suicide in 1932, the true nature of his empire emerged. Driven by success to adopt ever-more perilous practices, Kre
The Pfaeffle Journal (Diane)

Jan 11, 2015

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An interesting biography of one of the forgotten financial wizard’s of the the nineteenth century. A Swedish financier who single-handed created a monopoly of the stick match industry, who would have thought to corner the match stick market in the nineteenth century. it is just so interesting to read how they did it then and how it is done now, not much difference from today’s TBTF. Who would believe this story? Just goes to show truth is something beyond any fiction you could read.

I am amazed b

I am amazed by these early financiers, these self made men who never blinked an eye at how they amassed these great fortunes. Most of them seem to be cheats and scallywags who are no different that that existing oligarchy.

This review was originally posted on THE PFAEFFLE JOURNAL

B. Factor

Sep 06, 2011

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A long, repetitive and frequently tedious biography of Swedish financier Ivar Kreuger aka The Match King in the first third of the 20th century. Ivar invented off-balance sheet financing, vote-light B shares, implicit prepayment penalties, complex derivatives issued by offshore subsidiaries, and the loan-for-monopoly concept. He was the first to finance large loans to foreign governments by selling securities to the American public. Ultimately many of his business dealings were found to be fraud