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Title: The Match King
Author: Frank Partnoy
Narrator: L. J. Ganser
Format: Unabridged
Length: 10 hrs and 48 mins
Language: English
Release date: 08-13-09
Publisher: Audible Studios
Genres: Bios & Memoirs, Business Leaders
Summary:
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.
Frank Partnoy, a frequent commentator on financial disaster for the Financial Times, The New York Times, NPR, and CBS's 60 Minutes, recasts the life story of a remarkable yet forgotten genius in ways that force us to rethink our ideas about the wisdom of crowds, the invisible hand, and the free and unfettered market.
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