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The Match King Frank Partnoy

The Match King By Frank Partnoy

The Match King by Frank Partnoy


$4.48
Condition - Very Good
Only 1 left

Summary

An all-too prescient parable of how unregulated markets, greed, and unchecked ambition can wreak havoc on our economic system

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The Match King Summary

The Match King: Ivar Kreuger, the Financial Genius Behind a Century of Wall Street Scandals by Frank Partnoy

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 Kreugers suicide in 1932, the true nature of his empire emerged. Driven by success to adopt ever-more perilous practices, Kreuger had turned to shell companies in tax havens, 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. When his Wall Street empire collapsed, millions went bankrupt. Frank Partnoy, a frequent commentator on financial disaster for the Financial Times, New York Times, NPR, and CBSs 60 Minutes, 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.

Additional information

CIN1586487434VG
9781586487430
1586487434
The Match King: Ivar Kreuger, the Financial Genius Behind a Century of Wall Street Scandals by Frank Partnoy
Used - Very Good
Hardback
PublicAffairs,U.S.
20090401
288
Short-listed for Financial Times/Goldman Sachs Business Book of the Year Award 2009
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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