Word: kreugers
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Dates: during 1930-1939
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...Parliament last spring Premier Carl Gustaf Ekman nodded approvingly when deputies called for "honesty, complete honesty" in cleaning house after Ivar Kreuger. Last week paunchy Premier Ekman, onetime Blacksmith, onetime editor, Grand Master of Sweden's prohibitionist Good Templars, found himself a victim of the honesty policy...
...Kreuger Aftermath. Whom did Ivar Kreuger not deceive? Last week another name was added to the small list of bankers and firms which doubted the late felonious match tycoon. It was that of Central Hanover Bank & Trust Co. of Manhattan. In January 1931, the bank lent Kreuger & Toll $1,000,000. Vice President Roger Whittlesey then began to check up on Kreuger & Toll statistics, to search for more adequate information. He wrote letters abroad, never received convincing answers. In September the loan was called...
Last week a new estimate of Ivar Kreuger's estate showed that he left personal debts of $125,000,000, indirect liabilities of $100,000,000 more, practically no free assets of any sort...
...confused A. A. A. scientists who attended the convention (3,000 were expected) stuffed the sterilization leaflets in their pockets, hastened to see the stadium which the late, scandalous Ivar Kreuger helped build when he was a young engineer. Syracuse did not want the A. A. A S. meeting until next December. A. A A. S. originally was to meet with the American Physical Society at New Haven last week. But Yale did not want the A. A. A. S. in summer. Syracuse was forced to become host...
...Kreuger's Diamond. Less than two years ago Diamond Match Co. sold a block of stock to bankers (reputedly Bancamerica-Blair Corp.) for $13,000,000. The block was not heard of again until National City Bank, Bankers Trust, Pittsburgh's Union Trust and Chicago's Continental Illinois announced last May that the late Matchmaker Ivar Kreuger had turned up with it for collateral. They threatened to sell the 3,500 red, crinkly 100-share certificates to reimburse themselves for a $3,800,000 past due loan to stricken International Match. But the numerous protective committees and Irving Trust, trustee...