Word: kreugered
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...wise investors, buying Kreuger & Toll debentures, knew they were lending money to the Swedish match monopoly, controlling the match trade in over 40 countries...
...first step came in 1903, when an Englishman named Fred Lowenadler guided the merger of six factories into the Jonkopings och Vulcans Tandstickfabriks-aktiebolag. Ten years went by before the remaining import companies were led by Ivar Kreuger into the Aktiebolaget Forenade Svenska Tandstickfabriker. These two combines functioned independently until 1917, when they agreed on a cost-saving and letter-saving merger. They became, briefly, the Svenska Tandsticksaktiebolaget. Translated literally, they became the Swedish Match...
Intricately woven about the Swedish Match Co. is the organization by which it maintains and strengthens its monopoly. In 1923 it fostered the subsidiary International Match Co. to handle foreign manufacture and marketing. Swedish Match is itself controlled by Kreuger & Toll, an organizing and managing company which also owns all the common stock of the Swedish-American Investment...
...object of last week's debenture issue was to enable Kreuger & Toll to gather in all the outstanding ($17,917,800) preferred stock of the Swedish-American Investment Co. Another was to take over...
J.he threads, is Matchmaker Ivar Kreuger...