The article offered a snapshot of life in that region.
All the legendry, of course, white and Indian alike, died down during the nineteenth century, except for occasional atavistical flareups.
Note that, for repo-style transactions with core market participants, the haircut may be set to zero, provided that: both the exposure and the collateral are cash or a sovereign security qualifying for a 0% risk weight; no currency mismatch exists between the exposure and the collateral; the transaction is overnight or marked-to-market and remargined daily; the collateral can be liquidated within four days if the counterparty fails to remargin; the transaction is settled across a proven settlement system and governed by standard documentation (specifying that, if the counterparty fails on its obligations, then the transaction is immediately terminable and the collateral can immediately be seized and liquidated).
Granted, there's no seatbelt, so it could have been a James Dean tragic scenario in the event of an autostrade collision.
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