• scissors
    August 21st, 2011adminHistory, Italy, Touristy Stuff

    Buildings on the Ponte Vecchio ("Old Bridge") - a medieval bridge that goes over the Arno River. This is the only original Florentine bridge to survive the bombings of WWII.

    The Ponte Vecchio shops were first installed under the edict of Cosimo de Medici. The famous Italian painter, architect and historian (a true “Renaissance man”) built the corridor.

    Interesting historical tidbit:

    “It is said that the economic concept of bankruptcy originated here: when a merchant could not pay his debts, the table on which he sold his wares (the ‘banco’) was physically broken (‘rotto’) by soldiers, and this practice was called “bancorotto” (broken table; possibly it can come from ‘banca rotta’ which means ‘broken bank’). Not having a table anymore, the merchant was not able to sell anything.”

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