Business & Finance: Bankers at Work

How did Ivar Kreuger gull austere and powerful U. S. bankers? Will any of these bankers who sold his securities and sat on his boards be tried for fraud or negligence?

Last week the second question was still unanswered. But much that may have an important bearing on it was revealed when the receiver for bankrupt International Match held hearings in Manhattan in an attempt to learn just what the company's position was. Out of the testimony could be gathered the first detailed account of Ivar Kreuger's...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!