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Madoff reminds me of Ivar Kreuger, the infamous "Swedish Match King" (http://www.economist.com/finance/displaystory.cfm?story_id=10278667 http://www.economist.c
by mhartl 18y ago
Madoff reminds me of Ivar Kreuger, the infamous "Swedish Match King" (http://www.economist.com/finance/displaystory.cfm?story_id=10278667 http://www.economist.com/finance/displaystory.cfm?story_id=1...).
- gruseom 18y agoThat is a good article about a brilliant story that is uncannily resonant today, even more so than a year ago when it was published: In Sweden he was bailed out at the eleventh hour by a government which realised the economy was at risk from a Kreuger crash. I'd never heard of Kreuger. I think you should post the article to HN in its own right (perhaps using the subtitle, which gets across the flavor).