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The Match King

- Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals

Bag om The Match King

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.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9781586488123
  • Indbinding:
  • Paperback
  • Sideantal:
  • 288
  • Udgivet:
  • 9. marts 2010
  • Størrelse:
  • 216x139x23 mm.
  • Vægt:
  • 382 g.
  • BLACK NOVEMBER
Leveringstid: 8-11 hverdage
Forventet levering: 6. december 2024

Beskrivelse af The Match King

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.

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