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  <title><![CDATA[The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals]]></title>
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  <description><![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]></description>
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    <![CDATA[The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals]]>
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    <![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]>
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  <read_at>Thu Aug 06 00:00:00 -0700 2009</read_at>
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    <body><![CDATA[Very interesting piece of history.   Here is a industrialist as large as J P Morgan and as infamous as Ponzoi and I had never heard of him.   I thought the book did not provide enough insite into the base business.  I was fascinated by the size and breadth of the businesses, but never got any insigh...<a href="http://www.goodreads.com/review/show/66438965">more...</a>]]></body>
    
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    <![CDATA[The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals]]>
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    <![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]>
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  <read_at>Sun Jun 21 00:00:00 -0700 2009</read_at>
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    <body><![CDATA[This biography offers a very reasonable account of Ivar Kreuger's financial deals in the nineteen-twenties and early thirties up to--and including the details of--his death.  However, I feel it devalues somewhat, through lack of reference to, his industrial genius.  The reason that he needed to make...<a href="http://www.goodreads.com/review/show/60583124">more...</a>]]></body>
    
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      <review>
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    <![CDATA[The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals]]>
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    <![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]>
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  <read_at>Mon Oct 12 00:00:00 -0700 2009</read_at>
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    <body><![CDATA[Picked this off the new non-fiction kiosk at the library.  Very interesting so far.  One of the first Bernie Madoff speculator types, but a much more talented one who actually <em>also</em> made profitable businesses and invented many financial transaction types until his snowball of greed caught up with him...<a href="http://www.goodreads.com/review/show/71021656">more...</a>]]></body>
    
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      <review>
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    <name><![CDATA[Aharon]]></name>
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    <![CDATA[The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals]]>
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    <![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]>
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    <body><![CDATA[Okay, Partnoy. I guess it added some narrative color the first time you mentioned that Kreuger would ask his neighbor to play the piano for him when he felt the pressure of business getting to be too much. The second time you mentioned it? Okay, sure, why not, it's a long book. But what about the th...<a href="http://www.goodreads.com/review/show/63889556">more...</a>]]></body>
    
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      <review>
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    <name><![CDATA[Kathy]]></name>
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  <title>
    <![CDATA[The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals]]>
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    <![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]>
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  <date_added>Fri Oct 09 22:51:42 -0700 2009</date_added>
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    <body><![CDATA[Interesting read considering the current state of the economy.  Jon Stewart interviewed the author and while I am glad I read the book, it was kind of a slog to get through it with the amount of detail it contained.  I also thought it should have had a photo section given the notoriety Ivar Kreugar ...<a href="http://www.goodreads.com/review/show/74046950">more...</a>]]></body>
    
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      <review>
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    <![CDATA[The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals]]>
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    <![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]>
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  <date_added>Fri Jun 26 10:46:32 -0700 2009</date_added>
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    <body><![CDATA[A book about the man who invented off-balance sheet entities was never going to be that gripping, but I think the author hits the nail on the head when he posits that figures such as Kreuger are more complex than simply Ponzi schemers.]]></body>
    
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  <average_rating>3.28</average_rating>
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    <![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]>
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  <read_at>Tue Sep 08 00:00:00 -0700 2009</read_at>
  <date_added>Tue Sep 01 09:41:37 -0700 2009</date_added>
  <date_updated>Tue Sep 08 08:37:47 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[another example of financial manipulations by an individual in the 1920s/30s<br/><br/>it seems no matter how many times people get ripped off by a financial genius and offers of high returns that's too good to be true, it keeps happening <br/>I guess greed knows no bounds or era]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/69686058]]></url>
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  <title>
    <![CDATA[The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals]]>
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  <average_rating>3.28</average_rating>
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    <![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]>
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    <body><![CDATA[It is like reading a somewhat simpler version of everything that got us where we are today! I even (almost) understood all the strange machinations Kreuger came up with]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/70181215]]></url>
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    <![CDATA[The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals]]>
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    <![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]>
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  <read_at>Mon Jul 20 00:00:00 -0700 2009</read_at>
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  <date_updated>Mon Aug 10 12:15:27 -0700 2009</date_updated>
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    <body><![CDATA[Fascinating, a great follow-up to Lords of Finance. The intro &amp; jacket mentioned Madoff several times, I assume because that's what's in the news, but the story reminds me much more of Enron. There were real products &amp; businesses in there, but everything went wrong because people -- in this case Kre...<a href="http://www.goodreads.com/review/show/64268047">more...</a>]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/64268047]]></url>
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    <![CDATA[The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals]]>
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    <![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]>
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  <read_count></read_count>
    <body><![CDATA[Why Ivar Kreuger is not better known is a mystery.<br/><br/>The book was a nice read and the detail was incredible. But alas that detail was a bit much for me.]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/57267564]]></url>
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      <review>
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    <![CDATA[The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals]]>
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  <average_rating>3.28</average_rating>
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    <![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]>
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  <read_at>Mon Jun 01 00:00:00 -0700 2009</read_at>
  <date_added>Tue May 26 12:58:32 -0700 2009</date_added>
  <date_updated>Mon Jun 01 09:14:35 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[A story about the Bernard Madoff of the 1920's.  Hard to read and even harder to put down.]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/57395950]]></url>
  <link><![CDATA[http://www.goodreads.com/review/show/57395950]]></link>
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      <review>
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    <![CDATA[The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals]]>
  </title>
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  <average_rating>3.28</average_rating>
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    <![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]>
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  <date_added>Thu May 14 11:15:19 -0700 2009</date_added>
  <date_updated>Thu May 14 11:15:44 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[Interview with author on The Daily Show]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/56071559]]></url>
  <link><![CDATA[http://www.goodreads.com/review/show/56071559]]></link>
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      <review>
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    <![CDATA[The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals]]>
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  <image_url>http://www.goodreads.com/images/nocover-111x148.jpg</image_url>
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  <average_rating>3.28</average_rating>
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    <![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]>
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  <read_at>Mon Jun 01 00:00:00 -0700 2009</read_at>
  <date_added>Sat Jun 13 21:11:41 -0700 2009</date_added>
  <date_updated>Mon Jun 22 07:56:51 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[Interesting read...probably would have been better as a magazine article than an entire book though.]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/59580731]]></url>
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      <review>
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    <![CDATA[The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals]]>
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  <average_rating>3.28</average_rating>
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    <![CDATA[&lt;DIV&gt;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.<p>Yet after Kreuger’s 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 today’s markets. When his Wall Street empire collapsed, millions went bankrupt.<p>Frank Partnoy, a frequent commentator on financial disaster for the<em> Financial Times</em>, <em>New York Times</em>, NPR, and CBS’s “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.</p></p>]]>
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  <read_at>Tue May 12 09:46:10 -0700 2009</read_at>
  <date_added>Fri Apr 10 06:17:45 -0700 2009</date_added>
  <date_updated>Tue May 12 09:46:10 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[The book's not supposed to be out until later this month, but I bought it at a local store yesterday afternoon. It looks very timely.]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/52172056]]></url>
  <link><![CDATA[http://www.goodreads.com/review/show/52172056]]></link>
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    <body><![CDATA[This guy makes a Ponzi scheme seem third-rate.  Krueger charmed his way into big money deals.  People loved him.  This was in the 1920s.  It's interesting to compare the way Wall Street and Bankers operated then to how they operate now. It's interesting to see what's changed and what hasn't.  What h...<a href="http://www.goodreads.com/review/show/56556756">more...</a>]]></body>
    
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