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

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

game of thrones - Is Syrio Forel dead?

In the episode 'The Pointy End' (Season 1 Episode 8) when Arya runs from the Lannister guards you hear the sound of a sword being dropped (around 4:56): [embedded content] After that neither Syrio or Ser Meryn Trant is never mentioned or seen in the show again, except when Arya mentions to the Hound that Ser Meryn Trant killed Syrio. Is there any mention in the books that Syrio actually dies?
Post a Comment
Read more

tolkiens legendarium - Difference between elves and dwarves blacksmithing in the Lord of the Rings

Both the elves and the dwarves were famous for their metal work in the Lord of the Rings trilogy, but what is the difference between what they made, and which one had the better skill of making amours and swords? Answer James Christopher's answer sums up the second part of your question well, but as to the difference in what they made, a little more detail is needed. Once the Elves learned to forge with steel, the shape of the sword changed, now being able to take on the form of a great broadsword or a light and agile curved sword. Additionally, they took great pride in decorating their swords. As we see in the Lord of the Rings , some swords like Sting had magical properties such as glowing blue when orcs are near. As far as the use of Mithril, lotr.wikia has two contradictory passages: Thus, Elven blades became renowned as great weapons, capable of performing deeds beyond the skill of their handlers and were even more glorious when the use of Mithril was allowed to the Elves. ...
Post a Comment
Read more

How do Pokemon trainers collect their winnings?

According to Bulbapedia , Prize money is the money that a Trainer pays out at the end of a battle. So we know that the money comes directly from the trainer that just lost, and not some third-party committee or sponsor. But how is this done? It can be easy seeing the random trainers who challenge you along the way wanting to wager and then, after admitting defeat, sticking to their word and handing over their hard-earned pokebucks. Then there are the likes of Team Rocket and Giovanni, who also give money once they lose. This doesn't seem like something people in a criminal organization would willingly do. From this it appears that trainers have no say in whether or not they cough up the dough after losing, but I can't find anything on how exactly the funds are transferred from loser to winner. So how do Pokemon trainers receive their winnings?
Post a Comment
Read more