History
Haircuts have been used for almost 200 years in American commercial finance.
Read more about this topic: Haircut (finance)
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 (18891951)
“As History stands, it is a sort of Chinese Play, without end and without lesson.”
—Henry Brooks Adams (18381918)