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Le banche fallivano anche a Roma: il crack della banca di Callisto all'epoca di Commodo

Translated title of the contribution: [Machine translation] Banks also failed in Rome: the crash of Callisto's bank at the time of Commodo

Research output: Contribution to journalArticle

Abstract

[Machine translation] the essay examines the case of the bankruptcy of a bank in ancient Rome, in a framework in which the complexity and importance of the credit phenomenon in the Roman economy are well evidenced by the use of a variety of terms to distinguish the different financial activities. From the narrative of Hippolytus about the crash of the bank administered by the Christian Callisto, slave of the imperial freedman Carpophorus, significant indications can be drawn regarding many profiles: the type of activity carried out, the organizational structure of the bank, the causes of the crisis and its emergence, the conviction of Callisto and the position of the creditors. These are topics that still have to do with bankruptcy law today: insolvency, its causes and its manifestations, the reactions of the legal system to the bankruptcy of a company with widespread relationships, the size of the activity carried out and the bankruptcy initiatives of creditors.
Translated title of the contribution[Machine translation] Banks also failed in Rome: the crash of Callisto's bank at the time of Commodo
Original languageItalian
Pages (from-to)11-52
Number of pages42
JournalIL NUOVO DIRITTO DELLE SOCIETÀ
Volume13
Issue number1
Publication statusPublished - 2015

Keywords

  • Callisto
  • fallimento della banca
  • impresa bancaria

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