Word: bardis
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Dates: during 1980-1989
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Periods of turmoil are familiar in the history of banking. The big three banks of 14th century Florence, the Bardi, Peruzzi and Acciaiuoli, wielded great power until they failed after Edward III of England and King Robert of Naples defaulted on their debts. The fall of Austria's Creditanstalt in 1931 led to financial panic around the world and made the Great Depression worse. America...