Lars - Jonas Angstrom

Mysterious Murder of Ivar Kreuger

This is the fascinating story about the King of Matches, Ivar Kreuger, the Swedish genius, who pioneered the usage of corporate nance and management, international law, politics and nance, etc., for the establishment and management of corporations, their subsidiaries and divisions, on an international scale. During and after WWI, many countries had nancial problems, and turned to the big international banks for help, getting loans from American, British, Swedish and other banks. Interest rates were very high, almost to the point of bankrupting the borrowers. Ivar Kreuger's methods for survival in the "international theatre", included new ways for governments, to become supported by industry, internationally. This and other matters made him a competitor to the "Finance Industry". The Depression of the late 1920s became a nancial disaster for many. Ivar's activities and financial agreements with many countries, helped their governments, but hurt the international banks, which needed the business for their survival. In the US alone, shareholders, receiving handsome dividends continuously, all of a sudden lost some $ 500 million, after Ivar's death. Ivar Kreuger was found dead in one of his apartments, in Paris, on 12 March 1932, having been murdered. Lars-Jonas has succeeded in presenting the proof(s) of this, of who the opposition was who, while saying that it was suicide, succeeded in taking Ivar's life and plundering his empire. Ivar Kreuger was a tremendous asset to the World. He tried to help, where help was needed and did a spectacular job of it, to the end.