Financial Innovations and Financial Engineering
Obtaining a monopoly for the production and/or sale of matches in return for loans to governments was, in its essence, not a new way of doing business. Such schemes had been around for a long time (e.g. the Mississippi Bubble of John Law, and the South Sea Bubble) but Ivar was very creative inventing new ways of financing business, while making sure that he kept control of his companies.
Read more about this topic: Ivar Kreuger
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