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unusual facts about Russell Sage


Put–call parity

In the 19th century, financier Russell Sage used put-call parity to create synthetic loans, which had higher interest rates than the usury laws of the time would have normally allowed.


Christopher Holder

In 1909, Holder descendant Olivia Slocum Sage (the widow of Russell Sage) donated a dormitory at Princeton University, which was named in honor of Christopher Holder.

The Oxbow

With his death in 1874, the painting was acquired from his estate by Margaret Olivia Slocum Sage, wife of Russell Sage.


see also

New York Bank Note Company

In 1892 George H. Kendall replaced Russell Sage as president of the company.

Rebecca Blank

Among her other recent books are Changing Inequality (University of California Press, 2011), Insufficient Funds: Savings, Assets, Credit, and Banking Among Low-Income Families (joint with Michael Barr, Russell Sage Press, 2009), and Is the Market Moral? (Joint with William McGurn, Brookings Press, 2004.) She is the author of over 100 articles in books and academic journals.

Vietnamese boat people

Zhou, Min and Carl L. Bankston III Growing Up American: How Vietnamese Children Adapt to Life in the United States New York: Russell Sage Foundation, 1998.ISBN 978-0-87154-995-2.