"Vacillant" Quotes from Famous Books
... sell in a like blind, betting-ring fashion; its devices of "spreads," and of "straddles," which are combinations of "puts" and "calls" whereby the purchaser limits his loss and at the same time suits the chances of his winning to those of vacillant prices themselves; its unblushing compromises on the part of debtors with creditors, fifty cents on the dollar being frequently paid by bankrupts to the extent of one, two, or three hundred thousand dollars, in order that they may resume their highly legitimate undertakings and perhaps grow ... — The Arena - Volume 4, No. 24, November, 1891 • Various |