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More copies of this ISBNThe Match King: Ivar Kreuger, the Financial Genius Behind a Century of Wall Street Scandalsby Frank Partnoy
Synopses & ReviewsPublisher Comments: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 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. Synopsis:Partnoy writes an all-too prescient parable of how unregulated markets, greed, and unchecked ambition can wreak havoc on an economic system.
About the AuthorFrank 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. What Our Readers Are SayingBe the first to add a comment for a chance to win!Product Details
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