Word: kreugered
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...able to state that in our opinion without doubt the balance sheet of Aktiebolaget Kreuger & Toll as at Dec. 31, 1930, as well as the consolidated balance sheet accompanying it... grossly misrepresented their true financial position...
...Under the personal direction of the late Mr. Kreuger entries were made on the books which on the one hand eliminated substantial balances shown to be owing the parent company by him and on the other hand entirely eliminated liabilities to other subsidiary companies...
...above statement must be accepted as evidence that gross frauds have been perpetrated by Mr. Kreuger...
...Higginson discovered last week that it had been gulled, it suffered the most stinging blow to its moral sensibilities in all its 84 years, first devoted to the China Tea Trade, then under Boston's Symphony-founding Major Henry Lee Higginson to railroads and later to industrials. Its Kreuger affairs were handled mainly in New York. The partner chiefly associated with the Kreuger business is a physically big and distinguished figure, Frederick Winthrop Allen, long head of Yale's rowing committee...
...truth about Kreuger came from Price, Waterhouse, famed auditors of a large part of all Big Business in Britain and America. Its British partners, called to investigate by the Swedish Government, minced no words in their preliminary report. Their points...