The Match King's Empire Collapses: Echoes
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When Swedish investor Ivar Kreuger’s billion-dollar international business conglomerate crumbled in early 1932, Time Magazine labeled it "one of the ugliest affairs in business history."
And when Kreuger killed himself on March 12 of that year, what first seemed a tragedy brought on by stress soon led to the discovery of one of the Depression decade’s greatest cases of securities fraud.