📄 Extracted Text (859 words)
e
Platform: WhatsApp Name: Timezone: UTC+0000
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O
on
2019/05/18
7?
06:18:43 pm
we asked for intro
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06:27:46 pm
Ishto
06:31:28 pm
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06:32:08 pm
EFTA01613740
lshto - lol v LITO
Doing intro today for you and , are you free for a call on Sunday or Monday
before 10 am EST.
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07:08:20 pm
Sorry I got busy seeing a bit of NY.
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07:08:45 pm
07:10:27 pm
EFTA01613741
07:10:28 pm
EFTA01613742
O 01:10:28 pm
n
2019/05/19
Though he was groomed to take over the family business of power, Lorenzo wasn't
able to manage the Medici Bank finances very well. During his rule, the bank would be
drained of funds and the Medici assets shrunk considerably.
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11:39:52 am
:)
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11:39:55 am
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EFTA01613743
It was in 15th century
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01:09:14 pm
sal TMobait♦ 9d• AM •
• thernediCifarniy•COM
the Media accepted time deposits that were several tines
greater than the invested capital Unlike tame of the
exchange banks of the time. which were primarily invelved
in fund transfers associated with intemabonal trade, the
Mtge, Bank was a lending nstitution. Openly chapim
ititereSt (usury) was prohithted. Not Interest charges were
hidden n lolls of e.change by which foreign Contact was
purchased for delivery at a Mite data.
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hero's son, LOrteLta_OCIASIO. .:11C Magnihkent*, was a
greet Mateunan wile had a huManist,C education without
husmess tu ning or experience.
A Ire willten in Capital letters a h dory may throw light
On MeCKI involvemeM in seretwenent. Mt wrote, "One
cannot live in wraith m nomnce without Ow %rale" He
turned the management of the bank over to managers, and
the bank gradually lost ground.
On Lorenzo's death in 1492, Ms son, Piero d Lorenzo,
assumed control of Medti political and hussies; Interests in
FlOnMee, but he had nether business rscc POliteal acumen.
In 1494, tee Med* were ousted from Florence. The Dank,
already tottering on bankruptcy, was conAscated and was
not swam:hot under itm new owners
The Medici Bank contnbated little to economic growth. Too
many of Cs funds were used to 'ranee conspicuous
cOmuniptiOn of rowel Courts a the molest of the Italian
conaottrtri, captains Of Mercenary armies whO sometimes
rose to political prominence.
Nonetheless, the Medici family represents one of the early
examples or Captaleit Carraties rising to social and oddity.,
power.
01:09:21 pm
Newton Gomez from the law suit you found is not the same person as Medici
employee.
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03:48:58 pm
Hi Jeffrey, here is a small memo from our conversations with Ed. hope it helps.
https://docs.google.com/document/d/1hnkLDLI7IMImmgOvetS237Wc97zAbukqxPo2sHQPIZM/edit
EFTA01613744
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Title: Medici Bank-Summary
URL:
https://docs.google.com/document/d/1hnkLDLI7IMTmmgOvetS237Wc97zAbukqxPo2sHQPIZM/edit
O 09:31:49 pm
2019/05/20
Did u read it?
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03:08:45 pm
I pinged Lorenzo by email and Ed Boyle to give Lorenzo a call to remind about Monday
I don't have Lorenzo s phone number.
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O 03:09:46 pm
in
??
03:10:25 pm
call at 12 pm
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03:18:53 pm
asking
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03:18:55 pm
EFTA01613745
Silly
03:29:22 pm
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Lorenzo de medici <
May 19, 2019, 6:22 AM (1 day ago)
to Ed, Prince, me, IM
hello to all, i am availeble Wednesday any time or even tomorrow Monday i can be
available , i am on French time zone as I am in Cannes invited as a special guest for the
amfar charity event this week. thanks for your interest and look forward to talk to all
you . grazie lorenzo
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03:32:19 pm
he never confirmed 12 pm call
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03:32:26 pm
as per his email - so I am pushing for the proper confirmation
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03:32:37 pm
Now the call is conformed
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03:35:24 pm
12 pm EST
EFTA01613746
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03:35:29 pm
as per his email
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03:35:33 pm
sorry for the mix-up
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03:35:38 pm
does call happen ? News from Ed ?
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O 03:59:48 pm
we're on call - waiting for Lorenzo
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04:00:19 pm
he's on call - we good
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04:03:08 pm
so what's your take on Lorenzo?
EFTA01613747
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04:45:11 pm
aside from his involvement in art;)
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04:45:30 pm
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04:45:33 pm
silly, he is an artist , knows zero about money, embarassing to call it the medici bank
no interest at all
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04:58:43 pm
so his name means nothing in this case given he is not a financier? which explains that
he only brought 200K worth of interest?
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04:59:52 pm
are you planning to buy art from him?
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05:00:52 pm
Read
EFTA01613748
what did you guys think of the call? jewish comments? lack of knowledge?
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09:19:45 pm
v Sent
EFTA01613749
ℹ️ Document Details
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EFTA01613740
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