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What financial tool did Kreuger use aggressively?

  • Bonds

  • Innovative financial instruments

  • Stocks

  • Loans

Answer

Kreuger's aggressive use of innovative financial instruments, such as bonds and convertible debentures, enabled him to raise vast sums of capital. These instruments were attractive to investors due to their high yields and the promise of future equity participation. By leveraging these financial tools, Kreuger was able to expand his empire rapidly, acquiring numerous companies and gaining control of key industries.
Mastermind or Mogul: The Intriguing Tale of Ivar Kreuger

Mastermind or Mogul: The Intriguing Tale of Ivar Kreuger

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