PaperImperium(@ImperiumPaper):Kind of amazing how the Medici operated a kind of holding company instead of all siloed individual partnerships, as was the style at the time. On the one hand, this exposed the whole organization to liability, but given the lending between branches, contagion was always going to be possible.

PaperImperium

@ImperiumPaper

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PaperImperium@ImperiumPaper

2026.09.06 19:18

Kind of amazing how the Medici operated a kind of holding company instead of all siloed individual partnerships, as was the style at the time. On the one hand, this exposed the whole organization to liability, but given the lending between branches, contagion was always going to be possible.