Washington, Jan, 18, fore the Senate Banking Committes Following the amazing charge betigation of Ivor Kreuger and United States, was completed yes-examination of the record in the "Insull Stockholm, Jan, 13, When convicted on Kreuger, was ordered t lowsesmiffered by the angina ers of the Hogbrofors. bonds.
He is now reported by the Swed-authorities to be unable to raise ficient money to. re-purchase the bonds on that portion of hi already distrained. sequently, he intends. to sell private possessions until the bond holders are paid—Reuter, Stockholm, Jan. magnate, took for himself $112,520, 900 from funds that were borrowed by his various companies, Mr. Max economist at, the College ity of New York, recommended that Congress should follow Great Britain's example in making rations civilly and criminally isstte a false' pros Peetus. High finance of the type practised by Kreuger is not tolerated in England, he said, because there 8 tect the investment. publie—Us An agreement was reached to between. the Swedish bank, Scandi-Inavias Kreditaktiebolaget, and the Match " Corporation to German bonds of value of £10,000,000, handed to the bank by the late Ivor Kreuger, although they were really the property of the Corporation.
The Corporation will receive back bonds of the nomin 200.000 together ith the coupons the bank will keep the ve=
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