Portal de Periódicos da CAPES

The Kreuger Crash of 1932 in memory of a financial genius, or was he a simple swindler?

1982; Taylor & Francis; Volume: 30; Issue: 3 Linguagem: Inglês

10.1080/03585522.1982.10407986

1750-2837

Håkan Lindgren,

Italy: Economic History and Contemporary Issues

Abstract This paper discusses recent Swedish research on an event now celebrating its fiftieth anniversary — the Kreuger Crash.1 It is divided into three parts. The first briefly introduces the 'Kreuger problem' and the scholarly work done on it during the 1970s. The second outlines the rise of the Kreuger empire, which is divided into three quite distinct periods: 1) the initial building industry stage (1908–13), 2) the match industry stage (1913–24), and 3) the period of furious growth (1924–30), when finance was the main concern of the parent company, Kreuger & Toll. Lastly the paper attempts to answer the question in its sub-title, in the process summarising the principal conclusions reached by research on the Kreuger problem during the last few years.