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As Ivar explained, the desires of the three parties were clear: American investors wanted high returns, European governments wanted US dollars, and the match industry wanted monopoly power. The resources also were clear: American investors had dollars, European governments had the power to grant monopolies within their territories, and the match in
... See moreFrank Partnoy • The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals
In the last analysis, it seems certain that Kennedy, Stephen, Hill, and Kittson did offer Farley a substantial reward—maybe even hinting at a full partnership—in return for his cooperation and betrayal of his trust.