Skip to main content

game of thrones - How does the Iron Bank collect its owed money?


In this clip we see Tywin and Cersei talking about the Iron Bank and how it always gets its money.


This shows that even the Lannisters, who are the most powerful family in the country, are afraid of the Iron Bank.


So how does it always get its money back? Is there anything in the books states how it does get it back?



Answer



Always remember the following words...


The Iron Bank will have its due.



The bank will not issue new loans unless payments are being made on older ones, and it seems like that may be enough..




A group of merchants appeared before her to beg the throne to intercede for them with the Iron Bank of Braavos. The Braavosi were demanding repayment of their outstanding debts, it seemed, and refusing all new loans. We need our own bank, Cersei decided, the Golden Bank of Lannisport. Perhaps when Tommen's throne was secure, she could make that happen. For the nonce, all she could do was tell the merchants to pay the Braavosi usurers their due.


A Feast for Crows - Cersei VIII




Although if and when it is not enough for the Iron Bank, they will still have their due...


Remember one of the main reasons the Bank decides to give loans to Stannis is because the current regime is not paying. Stannis gives the Bank another form of recourse. It is a large gamble that ultimately failed, but their intent was to back a new King would pay his debts.



The banker pressed his fingers together. "It would not be proper for me to discuss Lord Stannis' indebtedness or lack of same. As to King Robert... it was indeed our pleasure to assist His Grace in his need. For so long as Robert lived, all was well. Now, however, the Iron Throne has ceased all repayment."


Could the Lannisters truly be so foolish? "You cannon mean to hold Stannis responsible for his brother's debts."



"The debts belong to the Iron Throne," Tycho declared, "and whosoever sits on that chair must pay them. Since young King Tommen and his counselors have become so obdurate, we mean to broach the subject with King Stannis. Should he prove himself more of our trust, it would of course be our great pleasure to lend him whatever help he need."


A Dance with Dragons, Chapter 44 (Jon IX)



Jon continues to reflect on what happens to those who do not pay the Iron Bank, as he had just signed a deal as well.



He did not have to like it, though. And come spring, when the time came to repay all that gold, he would like it even less. Tycho Nestoris had impressed him as cultured and courteous, but the Iron Bank of Braavos had a fearsome reputation when collecting debts. Each of the Nine Free Cities had its bank, and some had more than one, fighting over every coin like dogs over a bone, but the Iron Bank was richer and more powerful than all the rest combined. When princes defaulted on their debts to lesser banks, ruined bankers sold their wives and children into slavery and opened their own veins. When princes failed to repay the Iron Bank, new princes sprang up from nowhere and took their thrones.


A Dance with Dragons, Chapter 44 (Jon IX)




If all else fails, the Iron Bank could hire the Faceless Men, like Petyr Baelish had suggested Robert do with Daenerys. Although, there is no direct evidence that to support the Bank has done this...



Comments

Post a Comment

Popular posts from this blog

harry potter - Do the Kwikspell courses work?

In Harry Potter we are introduced to Kwikspell course in The Chamber of Secrets (and never hear about it again). We see Filch taking courses, presumably by mail. The descriptions of Kwikspell make me think it is for people who are weak in magic (kind of like how Neville was supposed to be when he was younger), but had magic in them nonetheless. However, Ron's comments later in the chapter make it sound like it is mainly for Squibs to learn magic. However, it is strongly implied through out all the books that Squibs are essentially Muggles, and will never be able to do magic. How then is a Kwikspell course supposed to work? Do we have any information to know if it works at all? Is it a scam? An answer from any level of canon is welcome. Answer Kwikspell courses are (probably) useful to some wizards, but not to squibs. The Kwikspell course literature comes with two testimonials. Madam Z. Nettles of Topsham writes: ‘I had no memory for incantations and my potions were a family joke...
Post a Comment
Read more

futurama - How much time is lost in 'Time Keeps on Slippin''

In time Keeps on Slippin' , Farnsworth creates a basketball team which he matures by abusing Chronitons. This leads to time skipping forward by random, but ever increasing amounts. How much time was skipped in this way? Answer Unfortunately, I don't think a good estimate can be made for this, for two reasons: Many of the time skips move forward by an indeterminate amount of time. At one point, the Professor mentions localized regions of space skipping forward much more than others. We then see two young boys on the street below complaining about having to pay social security, only to suddenly become senior citizens and start complaining about wanting their money. Thus, each individual could have experienced a different amount of time skippage.
Post a Comment
Read more

star wars - What "exactly" happens when someone turns to the Dark Side?

When I saw the original Star Wars saga as a kid, the concept of the Dark Side imprinted in me was quite simple. You did a bad thing, so you're a bad person so you go to the Dark Side and keep doing bad things. Now, obviously this doesn't hold true in reality. In my mind it is perfectly reasonable for Luke to kill the Emperor and Vader and then just flee the Death Star and rejoin the Alliance. After all they are at war, those are enemy officers that have captured him and are taunting him by threatening with death of all loved ones and the whole operation was intended to kill the Emperor anyway. The same would hold true for Anakin. He could have killed Mace Windu to save the Chancellor and Padme but that doesn't mean he's going to then go mad and kill all Jedis including children. It doesn't add up from a merely psychological point of view. He had a set of objectives and that made him want to keep the Chancellor alive (quite valid by the way, Mace Windu is quite clums...
Post a Comment
Read more

star trek - Warning regarding forward saucer section in Nemesis?

In Star Trek: Nemesis , just before the Enterprise rams into the Scimitar, Picard sends a text message from his captain's chair arm pad to Troi — who is manning the helm in lieu of the crewman who was just blown out through what was once the view screen — indicating that she should put full impulse on standby. (Literally, if you watch the scene closely, Troi's console prefaces the order with "TXT MSG" !) My question is: Did Picard also somehow warn crew members in the forward saucer section about what was about to happen? The ramming of the Scimitar was a heat of the moment decision. Considering that he also resorted to calling the auto-destruct sequence shortly after (which ended up being offline), he probably was of the mindset that any losses would be acceptable in order to hault Shinzon's march to Earth. Still, I'm curious. Answer The original script indicates that he called for the crew to " brace for impact ". Whether that call (or the comma...
Post a Comment
Read more