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<a href="http://www.accessmylibrary.com/coms2/summary_0286-38082543_ITM" title="Facts and information about Pyramid schemes put in perspective: the real rub of the Ivar Kreuger and Bernie Madoff sagas is that both men were caught doing precisely what governments do as a matter of course through central banking.(PROFILE)">Pyramid schemes put in perspective: the real rub of the Ivar Kreuger and Bernie Madoff sagas is that both men were caught doing precisely what governments do as a matter of course through central banking.(PROFILE)</a>
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Pyramid schemes put in perspective: the real rub of the Ivar Kreuger and Bernie Madoff sagas is that both men were caught doing precisely what governments do as a matter of course through central banking.(PROFILE)
[ILLUSTRATION OMITTED]
On March 12, 1932, French police discovered a man dead of a gunshot wound in a sumptuous apartment on Avenue Victor Emanuel III in Paris. After a thorough investigation, it was determined that the man, a middle-aged Swedish businessman, had died of a self-inflicted shot from a 9 mm pistol. The man's name was Ivar Kreuger.
Nowadays, the name of Ivar Kreuger is remembered by very few, but in the early thirties, the flamboyant Swedish businessman and financier was the toast of investors and bankers in both Europe and the United States. Kreuger, who was known as the "Match King," had built his fortune in the then-fledgling match ...
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