SWEDEN: Billions Lost

Sweden's empire of matchwood and matchpaper seemed to be going last week where every kind of match goes sooner or later. Foreign auditors were prowling through the graceful, modernistic business palace where Ivar Kreuger had ruled as "The Match King" until he put a pistol to his heart. But it was in Sweden's Parliament that Sweden's woe last week found utterance. "We know now that the Kreuger Company broke down not because of bad luck or bad conditions but because of dishonesty," cried Deputy Arthur Endeberg. "Sweden's business reputation will be...

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