from modernhistoryproject..........
"In its issue of Dec. 19, 1983, Forbes Magazine noted that "Half of Germany's top ten banks are Frankfurt based." The modern world's financial system, an updating of the Babylonian monetary system of taxes and money creation, was perfected in Frankfurt-on-Main, in the province of Hesse. Mayer Amschel Bauer (later Rothschild) discovered that although loans to farmers and small businesses could be profitable, the real profits lay in making loans to governments. Born in Frankfurt in 1743, Mayer Amschel married Gutta Schnapper. He served a three year apprenticeship in Hanover at the bank of Oppenheim. During this period, he had occasion to be of service to Lt. Gen. Baron von Estorff. Von Estorff was the principal adviser to Landgrave Frederick II of Hesse, the wealthiest man in Europe. Frederick was worth from 70 to 100 million florins, much of it inherited from his father, Wilhelm the Eighth, brother of the King of Sweden. Baron von Estorff advised the Landgrave that Mayer Amschel showed an uncanny ability to increase money through his investments. The Landgrave immediately sent for him.............LINK
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