A01=Frank Partnoy
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Author_Frank Partnoy
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Category1=Non-Fiction
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Category=JKVK
Category=KFF
COP=United States
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eq_biography-true-stories
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Format_Paperback
Language_English
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Price_€10 to €20
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U.S.
Product details
- ISBN 9781586488123
- Format: Paperback
- Weight: 350g
- Dimensions: 140 x 216mm
- Publication Date: 09 Mar 2010
- Publisher: PublicAffairs,U.S.
- Publication City/Country: US
- Product Form: Paperback
- Language: English
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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 today's 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.
Frank 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.
