Italians do it better (the MBA)

Friday, October 27, 2006


In medieval Italy moneylenders conducted their trade from benches set up in town squares. When a moneylender became insolvent, his bench was broken — sometimes over his head. This custom became so associated with insolvency that banca rotta, Italian for “broken bench,” eventually became bankrott in German, banqueroute in French and bankrupt in English.


Anonymous CreditGal said...

Interesting. I have never heard this story before. Luckily, I'm not familiar with bankruptcy, really.

6:47 AM

Blogger Karen said...

I have never heard of this before. Interesting indeed. Thanks for information :-)

8:05 AM


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