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A powerful morality tale - Ivar Kreuger's scams are as relevant today as ever, and the reading of financial biography works nicely.
Partnoy peppers his biography with colorful history, as well as the occasional tangent (e.g., where did the term "bucket shop" come from?).
Whereas Ponzi's scheme (and Madoff's variation) are relatively simple pyramids, feasible only when observers opt to maintain their ignorance, Kreuger's methods are far more convoluted, and such methods continue to elude professionals today.
The reading is accessible, the pacing appropriate, and the lessons learned far more useful than those available in most financial/biographical options.
4 of 4 people found this review helpful
This was a terrific story of amazingly creative deception and greed - almost hard to believe because it had so many twists and turns. I really enjoyed LJ Ganzer's narration and energetic delivery.
3 of 3 people found this review helpful
Beautifully read and paced, this is an important and accessible account of an important time in the history of capitalism. It is easy to follow and holds important messages about the financial system in the USA and Europe before WWII. There are many messages in The Match King: that systems can be manipulated, not always illegally; that it is easy to blame the 'bad apple' for financial disasters, and ignore the nature of the system; that positive aspects of negative behaviours may be forgotten. I highly recommend this audio book if you want understand how easy it can be to 'hi-jack' economic systems, and how 'gullible' those in power can be. 'Those who know no history are doomed to repeat it', and 'if it sounds to good to be true, it is'. Enjoy.