The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals
$26.05
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$26.05
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$26.05
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The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals
$26.05
Sale price
$26.05
Regular price
$26.05
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Description
At the height of the roaring 20s, Swedish migr 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 todays 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.
Product Notice
This book is sold in used condition unless explicitly stated as new.
Condition is graded and described accurately. Some books may contain
previous owner's markings, highlights, or inscriptions. This product
may contain chemicals known to the State of California to cause cancer
or reproductive harm. For more information visit
www.P65Warnings.ca.gov
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