Richard M wrote:
> "In Barcelona, from 1300, book entries by credit transfer legally
> ranked equally with original deposits among the liabilities of bankers.
> Those who failed were forbidden ever to keep a bank again, and were to
> be detained on bread and water until all the account-holders were
> satisfied in full. In 1321 the legislation there was greatly increased
> in severity. Bankers who failed and did not settle up in full within a
> year were to be beheaded and their property sold for the satisfaction
> of their account-holders. This was actually enforced. Francesch
> Castello was beheaded in front of his bank in 1360."
>
> (from pickinglosers.co.uk)
I think the banksters have already lost their heads. ;-)
