Word: kreugers
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Dates: during 1930-1939
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...note of things seen & heard. Some of these ten short stories appeared in the Saturday Evening Post, but they would make good reading for the grimmest Communist. With few exceptions the people in Tropical Winter are vicious, hysterical, more than half-crazed by pleasure-laden lives. Since Deatfrdebunked Ivar Kreuger, no one supposes that matches are made in heaven, but bourgeois opinion still holds that Palm Beach and romance go hand in hand. Author Hergesheimer does a good best to prick this bubble. Some of the stories...
...large and often-criticized portfolio of common stocks, the company ignored his attacks. But in October the Journal carried a bitter article about Sun Life's 72-year-old President Thomas Bassett Macaulay, in which President Macaulay was described as an Insull conspirator, likened to the late Ivar Kreuger, called "one of the world's greatest crooks, a colossal liar, and a swindler." President Macaulay sued for libel (TIME, Oct. 24). Publisher Harpell's usual lawyers would not handle the case for him. At first he harped bitterly on this handicap as he pleaded his own defense...
Because several news stories of the year loomed so large, the lists were more alike than usual. All three services named the Bonus Army's invasion of Washington, the Democratic landslide, the Sino-Japanese struggle (particularly the battle of Shang-hai), the collapse of the Insull and Kreuger properties, the Massie case in Honolulu...
...York, E. P. Dutton & Co., publishers, revealed that Swedish Dr. Axel Munthe, hoping to increase his fund for the establishment of a bird sanctuary on the Island of Capri, had sunk the fat royalties from his long best-selling The Story of San Michele in Kreuger stocks...
Match Re-lighted. After six months of investigation and negotiation Swedish Match Co., springboard from which the late Ivar Kreuger leaped to fantastic heights of finance, was reorganized last week, first of the Kreugered interests to burn bright again. Granted a moratorium last May, the company has been run by three administrators (similar to U S receivers) appointed by the Swedish Government. Cooperating with creditors and representatives of affiliated Kreusrer & Toll (the investment company) and International Match Corp., they evolved a workable scheme and the moratorium was lifted. Creditors were not asked to scale down their claims; they will receive...