Word: kreugers
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Dates: during 1930-1939
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While the Paris Stock Exchange was closed in honor of Aristide Briand, while 500,000 Parisians reverently stood in the Champs Elysée intent upon the Peach Man's funeral, a large pistol went off in a luxurious apartment nearby. No one heard it except Ivar Kreuger, the "Swedish Match King," the self-made colossus of Scandinavian finance. Matchman Kreuger was putting a bullet into his heart for business reasons (see p. 45) and for human reasons. His nerves were drawn so taut (he had suffered a nervous breakdown recently in New York) that to release the strain...
...Stockholm the Royal Government did not of course know that Ivar Kreuger was going to commit suicide, but they had taken precautionary steps. If anything should happen (and there were numerous "anythings" in addition to suicide the Royal Government was ready to rush through a bill to stabilize Swedish business by granting a moratorium to Kreuger & Toll. When the news came, the Swedish Parliament put through this bill at a secret session, ordered Swedish stock exchanges to remain closed. For years conservative Swedish financiers have frowned on Ivar Kreuger's operations as "too big for Sweden...
...morning of his suicide Ivar Kreuger bought the pistol at a small shop near his apartment. "Mon Dieu, how was I to know?" said the shopkeeper. "He seemed perfectly calm, parfaitement!" Only the Kreuger concierge noticed anything unusual, noticed that when the Match King came home with a package in his hand he did not smile or reply as he always had to the doorman's greeting. Going upstairs, Titan Kreuger wrote three letters in longhand to relatives, loosened his clothes, pulled the trigger...
Died. Ivar Kreuger, 52. "Swedish Match King"; by his own hand (pistol); in Paris...
...Ivar Kreuger, 52, matchmaker and moneylender to many nations, arrived in Paris last week. His pallid face was whiter than usual, and drawn. He had just been in the U. S., seeking loans for his labyrinth of companies. He had failed to get the loans. He did not look forward to a meeting he had called for Saturday noon to discuss his companies' financial position with their leading executives and certain international bankers. When on Friday his doctor told him he was in poor shape and should watch his heart he became very depressed. Saturday morning he arose, dressed, wrote...