Haircut (finance) - History

History

Haircuts have been used for almost 200 years in American commercial finance.

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Famous quotes containing the word history:

    Social history might be defined negatively as the history of a people with the politics left out.
    —G.M. (George Macaulay)

    What has history to do with me? Mine is the first and only world! I want to report how I find the world. What others have told me about the world is a very small and incidental part of my experience. I have to judge the world, to measure things.
    Ludwig Wittgenstein (1889–1951)

    As History stands, it is a sort of Chinese Play, without end and without lesson.
    Henry Brooks Adams (1838–1918)