The History of Terrorism
Preview
Open in TheBrain
Links
Financial Terrorism
-1000-Today Caste System
Secret societies
Banking
History of banking
Medieval banking
Peruzzi
Parents
Banking families
Defunct banks of Italy
Economic history of Italy
Economic history of the Holy See
Economy of Florence
Families of Florence
Italian bankers
Italian banking families
Major medieval “super-companies” of the 14th Century.
Medieval banking
Children
1344 In 1344, at about the same time as the Peruzzi company, the Bardi company went bankrupt and the Florentine writer Giovanni Villani blamed this on the repudiation of war loans by King Edward III of England.[2] However, Villani was not an independent source, his brother was a member of the Peruzzi company that also went bankrupt.[3] Villanni said that Edward owed the Bardi 900,000 gold florins (£135,000) and the Peruzzi 600,000 (£90,000).[4] However, the Peruzzi's records show that they never had that much capital to lend Edward III. Edward did not default on all his loans and repaid some with cash and others with royal grants of wool, a principal export of the English economy at the time.