Word: ericsson
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Dates: during 1980-1989
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...third generation of Wallenberg bankers who have been synonymous with Swedish business for more than a century, Marcus and his brother Jacob (who died two years ago) rebuilt Sweden's industrial strength after the Kreuger crash in 1932. Eventually taking control of such multinational giants as Electrolux, L.M. Ericsson and Saab-Scania, Wallenberg also helped to establish the Scandinavian Airlines System in 1946 and controlled companies that employed one of every eight working Swedes. A national tennis champion as a young man, he shunned ostentation and once said of his estimable family: "We're nothing special. We come...