The Match King
Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals
Published on 9. March 2010
Book
Paperback/Softback
288 pages
978-1-58648-812-3 (ISBN)
Description
At the height of the roaring '20s, Swedish emigre 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.
More details
Language
English
Place of publication
United States
Product notice
Paperback (UK-trade)
Dimensions
Height: 210 mm
Width: 142 mm
Thickness: 23 mm
Weight
299 gr
ISBN-13
978-1-58648-812-3 (9781586488123)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Person
Frank Partnoy is the author of F.I.A.S.C.O.: Blood in the Water on Wall Street and Infectious Greed: How Deceit and Greed Corrupted the Financial Markets. A graduate of Yale Law School, he is the George E. Barrett Professor of Law and Finance at the University of San Diego.