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...morning of his suicide Ivar Kreuger bought the pistol at a small shop near his apartment. "Mon Dieu, how was I to know?" said the shopkeeper. "He seemed perfectly calm, parfaitement!" Only the Kreuger concierge noticed anything unusual, noticed that when the Match King came home with a package in his hand he did not smile or reply as he always had to the doorman's greeting. Going upstairs, Titan Kreuger wrote three letters in longhand to relatives, loosened his clothes, pulled the trigger...

Author: /time Magazine | Title: SWEDEN: Sleeping | 3/21/1932 | See Source »

...Died. Ivar Kreuger, 52. "Swedish Match King"; by his own hand (pistol); in Paris...

Author: /time Magazine | Title: Milestones, Mar. 21, 1932 | 3/21/1932 | See Source »

...Ivar Kreuger, 52, matchmaker and moneylender to many nations, arrived in Paris last week. His pallid face was whiter than usual, and drawn. He had just been in the U. S., seeking loans for his labyrinth of companies. He had failed to get the loans. He did not look forward to a meeting he had called for Saturday noon to discuss his companies' financial position with their leading executives and certain international bankers. When on Friday his doctor told him he was in poor shape and should watch his heart he became very depressed. Saturday morning he arose, dressed, wrote...

Author: /time Magazine | Title: Business: Poor Kreuger | 3/21/1932 | See Source »

...News of Ivar Kreuger's death was withheld by the Paris police until after the stockmarkets of the world had closed for the weekend. When it reached Sweden it caused something akin to panic. In London a "high Swedish authority" received a representative of the Times with a sad face. "Poor Kreuger," he said. "Creditors were closing...

Author: /time Magazine | Title: Business: Poor Kreuger | 3/21/1932 | See Source »

...many were his creditors, how much they were owed will not be known for a long time. Ivar Kreuger's business life was known to only a handful of men. In making important transactions he usually revealed only part of the details to any one person. The main holdings of his companies are common knowledge, but it is certain that they also had many investments which have never been revealed. How much money he had, no one knew, not even himself. He said he did not care. Others said that next to Sir Basil Zaharoff he must have been...

Author: /time Magazine | Title: Business: Poor Kreuger | 3/21/1932 | See Source »

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