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The Big Four by Stuart Kells, Ian D. Gow

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7

PORN STAR

The culture of the Big Four

Leverage

The day-to-day correspondence of the Medici Bank reveals men concerned with external matters such as the alum mines, the wool and silk markets and the creditworthiness of monarchs. But they were also concerned with internal matters. Were the bank’s systems strong enough to detect fraud and prevent financial disaster? Who was ready for a pay rise and a promotion? Were the young men graduating from the abacus schools up to Medici standards?

Angelo Tani, Rinieri da Ricasoli and Cosimo de Medici all understood ‘leverage’, which in partnerships means growing the business by hiring junior staff to complement and extend the capacity and capability of partners. The Medici Bank was one of the first large ...

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