The Match King: Ivar Kreuger and the Financial

Stock Code:
BAD8739
Price:
$12.50

Description

The Match King: Ivar Kreuger and the Financial Scandal of the Century by Frank Partnoy. 'At the height of the roaring twenties, Swedish emigre Ivar Kreuger made a fortune loaning American money to Europe in exchange for monopolies on the production and sales of matches. It was a rare success story in the midst of the Great Depression. However, in 1932 when the true nature of his enterprise emerged, shares of his company became worthless in a matter of hours. The 'Kreuger Crash' that followed bankrupted millions around the globe. Driven by success to adopt increasingly perilous practices, Kreuger turned to shell companies in tax havens, off-balance-sheet accounting, even forgery. He created a raft of innovative financial products - many of them precursors to the instruments that have wreaked havoc in today's markets. The Match King is a cautionary tale of the disastrous effects that greed and unchecked ambition can have on our economic system - and an astonishing account of one of the greatest swindlers of all time.

Details

  • Author:
    Partnoy, Frank
  • Book Condition:
    Good Plus
  • Publisher:
    Profile Books
  • Edition:
    First Thus
  • Jacket Condition:
    None
  • Binding:
    Soft Cover
  • Location:
    A2
  • ISBN:
    9781861979384
  • Size:
    8vo
  • Pages:
    272
  • Publish Date:
    2010
Stock Level:
1 In Stock
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