The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 2 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Financial Engineering Destroyed Kreuger's Legitimately Profitable Match Business
“And the main thing of his life and career is that too much finance ruined a legit business.”
Kreuger Used New US Capital to Pay Dividends to Early Investors
“A large portion of the dividends recently paid by Swedish Match and Kroger & Toll Came from cash raised by international match in America. In other words, the dividends paid to old investors came from the proceeds raised from new ones.”