Author Topic: 1932 Deja Vu? Madoff = Ivar Kreuger | Louis T. McFadden = Ron Paul  (Read 2568 times)

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Online TahoeBlue

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I can't help but see the corrupt similarities...

Ivar Kreuger (March 2, 1880 – March 12, 1932) was a Swedish financier, entrepreneur and industrialist. Founder of the Kreuger corporation. In the time between the two world wars, he was one of the most powerful businessmen in Europe. He gained a match monopoly across Europe by legislative acts of European governments. He subsequently became known as the "Match King" and have been described as "The prince of the first global finance state".[1]

The Kreuger Crash

By 1932, rumours spread that Kreuger & Toll and other companies in Kreuger's empire were financially unstable. A Foreign Affairs report from 1930 had judged that of the $630 million worth of assets the company claimed to have, $200 million came from the match business, $30 million were in the bank, and the other $400 million were merely categorized as "other investments."[2] When the company finally went bankrupt in 1932, claimed assets of $250 million turned out to be nonexistent.

On March 12, 1932, Ivar Kreuger was found dead in bed in his Paris apartment at Avenue Victor Emanuel III. Evidence suggested that he shot himself rather than face his creditors. The French police that made the investigation came to the conclusion, after hearing the people working for Kreuger, that he shot himself some time between 10:45 and 12:10. A 9 mm automatic gun was found on the bed beside the body. Later conspiracy theories claimed that Kreuger's wounds had not been self-inflicted.

His death precipitated the Kreuger Crash which hit investors and companies worldwide, but particularly hard in the U.S. and Scandinavia. In 1933 and 1934, the U.S. Congress passed several security reform legislations that were meant to prevent a rerun of the Kreuger Crash. These bills were largely successful in their mission and the American financial industry did not witness a fraud of the same magnitude until the Enron implosion, which occurred after the regulations were relaxed in the 1990s.

Prior to the crash, Kreuger had issued thousands of participating debentures. These were very popular, and a firm public belief in the rising Kreuger empire convinced contemporary Swedes to invest in these "Kreuger papers". Following the Kreuger crash, the debentures became worthless, and several thousand Swedes lost their life savings as a result.

Louis T. McFadden's Speech
In the House of Representatives
10 June 1932

This is the John Law swindle all over again. The theft of Teapot Dome was trifling compared to it. What king ever robbed his subjects to such an extent as the Federal Reserve Board and the Federal Reserve banks have robbed us? Is it any wonder that there have lately been ninety cases of starvation in one of the New York hospitals? Is there any wonder that the children of this country are being dispersed and abandoned?

The Government and the people of the United States have been swindled by swindlers deluxe to whom the acquisition of American gold or a parcel of Federal Reserve notes presented no more difficulty than the drawing up of a worthless acceptance in a country not subject to the laws of the United States, by sharpers not subject to the jurisdiction of the United States courts, sharpers with a strong banking "fence" on this side of the water -- a "fence" acting as a receiver of the worthless paper coming from abroad, endorsing it and getting the currency out of the Federal Reserve banks for it as quickly as possible, exchanging that currency for gold, and in turn transmitting the gold to its foreign confederates.

Such were the exploits of Ivar Kreuger, Mr. Hoover's friend, and his hidden Wall Street backers. Every dollar of the billions Kreuger and his gang drew out of this country on acceptances was drawn from the Government and the people of the United States through the Federal Reserve Board and the Federal Reserve banks. The credit of the United States Government was peddled to him by the Federal Reserve Board and the Federal Reserve banks for their own private gain. That is what the Federal Reserve Board and the Federal Reserve banks have been doing for many years. They have been peddling the credit of this Government and the signature of this Government to the swindlers and speculators of all nations. That is what happens when a country forsakes its Constitution and gives its sovereignty over the public currency to private interests. Give them the flag and they will sell it.

The nature of Kreuger's organized swindle and the bankrupt condition of Kreuger's combine was known here last June when Hoover sought to exempt Kreuger's loan to Germany of $125,000,000 from the operation of the Hoover moratorium. The bankrupt condition of Kreuger's swindle was known here last summer when $30,000,000 was taken from the American taxpayers by certain bankers in New York for the ostensible purpose of permitting Kreuger to make a loan to Colombia. Colombia never saw that money. The nature of Kreuger's swindle and the bankrupt condition of Kreuger was known here in January when he visited his friend, Mr. Hoover, at the White House. It was known here in March before he went to Paris and committed suicide there.

Mr. Chairman, I think the people of the United States are entitled to know how many billions of dollars were placed at the disposal of Kreuger and his gigantic combine by the Federal Reserve Board and the Federal Reserve banks and to know how much of our Government currency was issued and lost in the financing of that great swindle in the years during which the Federal Reserve Board and the Federal Reserve banks took care of Kreuger's requirements.

Mr. Chairman, I believe there should be a congressional investigation of the operations of Kreuger and Toll in the United States and that Swedish Match, International Match, the Swedish-American Investment Corporation, and all related enterprises, including the subsidiary companies of Kreuger and Toll, should be investigated and that the issuance of United States currency in connection with those enterprises and the use of our national-bank depositors' money for Kreuger's benefit should be made known to the general public. I am referring, not only to the securities which were floated and sold in this country, but also to the commercial loans to Kreuger's enterprises and the mass financing of Kreuger's companies by the Federal Reserve Board and the Federal Reserve banks and the predatory institutions which the Federal Reserve Board and the Federal Reserve banks shield and harbor.

A few days ago, the President of the United States, with a white face and shaking hands, went before the Senate on behalf of the moneyed interests and asked the Senate to levy a tax on the people so that foreigners might know that the United States would pay its debt to them. Most Americans thought it was the other way around. What do the United States owe to foreigners? When and by whom was the debt incurred? It was incurred by the Federal Reserve Board and the Federal Reserve banks when they peddled the signature of this Government to foreigners for a price. It is what the United States Government has to pay to redeem the obligations of the Federal Reserve Board and the Federal Reserve banks. Are you going to let those thieves get off scot free? Is there one law for the looter who drives up to the door of the United States Treasury in his limousine and another for the United States veterans who are sleeping on the floor of a dilapidated house on the outskirts of Washington?
Behold, happy is the man whom God correcteth: therefore despise not thou the chastening of the Almighty: For he maketh sore, and bindeth up: he woundeth, and his hands make whole ; He shall deliver thee in six troubles: yea, in seven there shall no evil touch thee. - Job 5

Online TahoeBlue

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Re: 1932 Deja Vu? Madoff = Ivar Kreuger | Louis T. McFadden = Ron Paul
« Reply #1 on: December 16, 2017, 01:27:42 pm »
bump for corruption
Behold, happy is the man whom God correcteth: therefore despise not thou the chastening of the Almighty: For he maketh sore, and bindeth up: he woundeth, and his hands make whole ; He shall deliver thee in six troubles: yea, in seven there shall no evil touch thee. - Job 5

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Re: 1932 Deja Vu? Madoff = Ivar Kreuger | Louis T. McFadden = Ron Paul
« Reply #2 on: December 16, 2017, 01:59:20 pm »
The Wallenbergs Kontrol Sweden ... : Also it must be remembered that the Swede's stayed "Neutral" by supplying the Nazi's and allowing them to takeover Norway ...  Making Millions and never had to pay the price of WWII
Steering Committee

Castries, Henri de (FRA), Chairman and CEO, AXA Group
Wallenberg, Jacob (SWE), Chairman, Investor AB
The Wallenberg family (known as The Wallenbergs or simply Wallenbergs) is a prominent Swedish family renowned as bankers, industrialists, politicians, bureaucrats, diplomats. The Wallenbergs are present in most large Swedish industrial groups, like Ericsson, Electrolux, ABB, SAS Group, SKF, AIK, Atlas Copco and more. In 1990 and subsequent years, the "Wallenberg sphere" controlled nearly one-third of the GDP of Sweden
Modern business

The Wallenbergs have a very low-key public profile, eschewing conspicuous displays of wealth. The family motto is "Esse non-Videri" (Latin for "To be, not to be seen").[6] Wallenbergs business empire is often referred to as the Wallenberg sphere, the Wallenberg sphere is a large group of companies where their investment company, Investor AB, or foundation asset management company, Foundation Asset Management (FAM), have the controlling interest.

The Wallenberg fraud!
Posted on March 27, 2011 by wallenbergfraud

The Swedish Wallenberg family has managed to fool the world to believe that Raoul Wallenberg was saving lives during second world war. Raoul Wallenberg was only doing the same thing his brothers and sisters was and still are doing… killing and robbing poor people.

The Wallenberg´s are involved in weapon sales, Afghan heroin trade and many of the so called help organisations like UNICEF, RED CROSS, SIDA, UNITED NATIONS etc etc.

The Swedish king Carl XVI Gustaf Bernadotte and his nazi family are also working for the Wallenberg´s. It´s all about weapon sales, robbing Africa, Iraq,
Afghanistan… and the narcotics trade.

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Wallenbergs trading with the Nazis in WW2
Wallenbergs had big role in Sweden WW2 diplomacy, says biography
December 11, 2000
Web posted at: 11:55 AM EST (1655 GMT)

STOCKHOLM, Sweden (Reuters) -- Two cousins of diplomat Raoul Wallenberg played an officially sanctioned but controversial part in neutral Sweden's World War Two diplomacy, according to a new biography.

Businessman Marcus Wallenberg blamed his brother Jacob for a secret share deal with Nazi Germany which almost brought Allied sanctions down on their banking and industrial empire after World War Two, the biography of Marcus Wallenberg shows.

Marcus, who died in 1982 aged 82, is credited in the biography with visionary enterprise in expanding and consolidating the Wallenberg banking and industrial dynasty which is now in its fifth generation.

But the Wallenbergs faced infamy and ruin in 1945 after U.S. troops entered Stuttgart and unearthed incriminating documents in the archives of engineering firm Robert Bosch.

These showed that the Wallenbergs had agreed to sell back their ownership of the American Bosch company, based in Springfield, Massachusetts, to the German parent company after the war, contrary to what the brothers had told Swedish and U.S. authorities.
The Americans were incensed. They already suspected that Jacob was pro-German and were skeptical of Marcus's reputation as pro-Allied. They sought to blacklist the Wallenbergs -- stopping them from operating in any Allied country.
Marcus Wallenberg bristled at suggestions in Britain that "the Swedes have sold their souls to the Germans" when they allowed German troops to pass through Sweden to occupied Norway and sold the Nazis more ore than had been agreed.

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It is also interesting that the Wallenbergs took over the assets of the Match King Ivar Kreuger pre-WWII
And rather than a Ponzi scheme ,,, the Wallenbergs murdered Kreugar and took over his assets ...

 Was Ivar Kreuger assassinated?
The author and journalist Jan Gillberg argue that Ivar Kreuger was assassinated on the 12th of March 1932 in his apartment in Paris. One of Sweden's financial interests acquired , according to Gillberg , agent Leon Birthschansky to murder Ivar Kreuger . He also claims that "it is beyond any reasonable doubt that the Wallenberg family had been without knowledge that Ivar Kreuger was the victim of a murder conspiracy ." It is true that Sweden had gone through two severe financial crises in the last century and it is also true that the first serious crisis arose in connection with the Kreuger bankruptcy in 1932.

That this crisis has never been properly investigated is , according to Gillberg , due to Sweden for more than 60 years has kept secret all the events surrounding what happened in the Kreuger bankruptcy . ...

Prior to the crash, Kreuger had issued thousands of participating debentures. These were very popular, and a firm public belief in the rising Kreuger empire convinced contemporary Swedes to invest in these "Kreuger papers". Following the Kreuger crash, both the debentures and shares became worthless, and several thousand Swedes and small banks lost their savings and investments as a result. Large investors and suppliers apart from share holders, received a total of 43% back. The banks related to the Wallenberg family company group, Stenbeck company group, and Handelsbanken took over most of the companies in the Kreuger empire. Swedish Match recovered shortly after the crash as did most of the industrial companies within the Kreuger empire. Swedish Match received a large government guaranteed loan that was fully repaid after several years. IMCO in USA however did not survive. The liquidation took nine years and was eventually finished in 1941.

interesting Ivar Kreugar the match king was murdered in 1932 and assets liquidated by Allen Dulles ... in 1933 the year Hitler takes power ... STAB gave out large loans to governments  (like Germany) , and with him dead, these loans would not have to be paid back! aand Dulles was right in the middle of it. In the aftermath Kreugar is written off as a crook with Ponzi scheme 

But was he really? or did the NWO Nazi's take over his business and then murder him?

Catalog of the Archival Collections
Hans Schaffer
Beginning in 1933, he oversaw the liquidation and reorganization of the Swedish Match Company (STAB), along with Allen Dulles and Jean Monnet, following the death of its owner, Ivar Kreuger

[ this is interesting since the Wallenberg's ARE Bilderberg founders and big in Switzerland : ]
During a period of 15 years, from 1917 to 1932, Kreuger built an international corporation of match factories. As chairman of the board of directors, Kreuger yielded an enormous power and by 1925 his corporation manufactured more than 50% of all matches in the world.

The Swedish Social Democratic Party and the Swedish banking family, Wallenberg, were given an order to finance and direct the execution of Kreuger. The Swedish bank, "Svenska Handelsbanken," (Swedish Trading Bank) was used to wire the money to the murderer

 Here is how the murder took place. On the morning of March 12, 1932, Kreuger had an appointment at 11 a.m. Sometime mid morning he was contacted by his friend and subordinate, Ernest A. Hoffman. The latter called Kreuger and insisted on a short personal meeting at Kreuger’s apartment. Kreuger then called to inform his people that he would be ten minutes late for his 11 o’clock appointment. At 10:45 a.m. he informed his personal secretary, Karen Bokman, that he was suddenly extremely tired and he entered his bedroom and lay down on his bed. He did not know that his house maid, Miss Barraut, has drugged him with some kind of narcotic when she served him breakfast. Both Bokman and Barraut left the apartment at 10:45 a.m. Kreuger was then in a deep narcotic sleep. A short time later the murderer arrived and using a special weapon shaped like a bayonet, he thrust it through the heart of Kreuger (a ritual murder). Then he fired a blank shot into the wound to place traces of gunpowder in the wound. He then placed the gun in Kreuger’s left hand, not knowing that Kreuger was right handed. A letter explaining the suicide was then placed in the room, after which Ernest Hoffman took the murder weapon and traveled to Switzerland where he disposed of it. The day after the murder Hoffman was wired the sum of 8,000, (currency unknown) to pay him for his coordination of the murder and the coverup.
Ivar Kreuger (Swedish pronunciation: [ˌiːvar ˈkryːɡər]; March 2, 1880 – March 12, 1932) was a Swedish civil engineer, financier, entrepreneur and industrialist. In 1908 he co-founded the construction company Kreuger & Toll Byggnads AB, which specialized in new building techniques. By aggressive investments and innovative financial instruments he built a global match and financial empire
From 1925 to 1930, years when many countries in Europe were suffering after the First World War, Kreuger's companies gave loans to governments to speed up reconstruction

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Ivar Kreuger was murdered!
By Mats Lönnerblad - November 11, 2000

It is natural that as a client - in each case as the clients - identify Enskilda Banken former head of Marcus Wallenberg Senior, one of the principals of the murder of Ivar Kreuger, writes author and journalist Jan Gillberg, apropos of murder Ivar Krueger, who recently was presented at a press conference at the Swedish Club in Paris.

January Gillberg claim that, Ivar Kreuger was murdered March 12, 1932 in his apartment in Paris by one of the Swedish financial interests Bought agent named Leon Birthschansky, which two years later in turn was murdered. Gillberg also says Marcus Wallenberg senior has allowed to confirm the murder of Birthschansky, in a letter of March 30 1934th

Gillberg also claims that "it is beyond reasonable doubt that the Wallenberg family has been under knowledgeable about Ivar Kreuger, the victim of an assassination plot." It is true that Sweden has been involved in two serious financial crises in the last century. It is also true that the first serious crisis arose in connection with the Kreuger crash in 1932.

That this crisis never been thoroughly investigated, because Sweden more than 60 years, darkened all the events of what happened in connection with the Kreuger crash.

Sweden has been involved in two serious financial crises. The second crisis was caused by the Swedish banks (1987 - 1993) when they could no longer fulfill its statutory capital adequacy ratio. The recent crisis, I wrote about as late as September 11th at Aftonbladet's debate page. There I described how Wallenberg was once again won - while the people lost in the biggest bankrisen in Swedish history.

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Here is a drew Pearson article from 1948 linking John Foster Dulles to Wallenberg
Bosch plant in Springfield Mass. was really owned by the Nazis with the Wallenbergs bank as a dummy
Dulles linked with Nazis
Oct 4 1948

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The Capitalist Holocaust
Chapter 4 – Western capitalists serve the Nazi war machine
by Peter Cohen

Bank for International Settlements

The Bank for International Settlements (BIS) was established in Switzerland in 1930 by a group of central banks, including the Federal Reserve Bank of New York, which is Federal only in name. It is privately owned. When it was established in 1913 the owners included the Chase Manhattan Bank of New York (controlled by the Rockefellers), the Rothschild Banks of London and Berlin, the Lazard Brothers Bank of Paris, the Warburg Bank of Hamburg and Amsterdam and the Goldman Sachs Bank.

The initiative for the BIS came from two of Hitler’s financial advisers: Hjalmar Schacht, Nazi Minister of Economics and president of the Reichsbank, and Emil Puhl, a leading German banker. Schacht knew that Germany would eventually go to war again, and was convinced of the need for an institution that would enable international financial leaders to cooperate irrespective of whether their countries were belligerents. In addition to the Fed, the owners of the BIS included the Bank of England, the Reichsbank, the Bank of Italy, the Bank of France, and the First National Bank of New York, in which J.P. Morgan had a major interest.

The charter of the BIS stipulated that it could not be seized, closed or interfered with if a state of war existed between any or all of the countries in which the central banks were located, and the charter was approved by all the relevant governments. The owners of the BIS stated publicly that its function was to serve as a conduit for payment of reparations by Germany as agreed with the Allies after the end of World War 1.

The true function of the bank was to enable flows of cash and gold between banks and investors in the US and the UK on the one hand and Nazi Germany on the other for various purposes, including financing of the Nazi war machine as well as payment of royalties and dividends on shareholdings.  .

For example, in Trading with the Enemy: An Exposé of The Nazi-American Money Plot 1933–1949 (2007), Charles Higham describes a meeting at the BIS in 1944, when the Red Army was driving the German army out of Belorussia and eastern Poland, British and American troops were battling the Wehrmacht in Italy, and preparations for the D-landings were virtually complete. The president of the BIS was Thomas Harrington McKittrick, an American. His executive staff included bankers from Germany, Japan, Italy, the UK and the US. The subjects discussed at the meeting included gold worth USD 378 million (approximately USD 4.45 billion today) which Hitler’s Reichsbank had deposited in the BIS during the period following Pearl Harbor.

The gold was intended for use by the leaders of the German government after the end of the war. Some of the gold had been had been looted from the national banks of Austria, Holland, Belgium, and Czechoslovakia. Some of it had been melted down from fillings, cigarette lighters and wedding rings previously owned by Jews in Poland.

For the BIS and the bankers in the West, it was business as usual while the carnage of World War 2 continued. And for major US corporations as well. The brief sketch of typical dealings with the Nazis given below is based largely on Higham’s book.

 The Rockefeller connection

The role of the BIS as a secret connection between the Nazis and Western capitalists during the war reflected the intricate and geographically widespread connections between bankers that had existed for many years. For example, in 1936 the German-owned J. Henry Schroder Bank of New York, which helped to finance the Nazi government by raising funds in the US, formed a partnership with the Rockefellers that included a new firm named Schroder, Rockefeller and Company Investment Bankers.

The owners of the new firm included Avery Rockefeller, Bruno von Schröder, a German banker and Nazi backer resident in London, and Kurt von Schröder, a director of the BIS and a member of the Gestapo. The firm’s lawyers were John Foster Dulles (later US Secretray of State under Eisenhower) and his brother Allen Dulles (later head of the CIA), who was on the Board of the Schroder bank in New York. The Paris branch of the Chase Manhattan (owned by the Rockefellers) was linked to Schroder, as was the pro-Nazi Banque de Worms and Standard Oil’s subsidiary in France. Several directors of this subsidiary were directors of the Banque de Paris et De Pays-Bas, which was also connected with the Nazis.
Operation Sunrise And Allen Dulles
This is part 3 of a show Dave Emory and Nip Tuck did on May 1, 1986.
Behold, happy is the man whom God correcteth: therefore despise not thou the chastening of the Almighty: For he maketh sore, and bindeth up: he woundeth, and his hands make whole ; He shall deliver thee in six troubles: yea, in seven there shall no evil touch thee. - Job 5