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This quiz consists of 5 multiple choice and 5 short answer questions through The Art of War.

Multiple Choice Questions

1. Which company becomes Salomon Brothers' biggest competitor soon after mortgage trading becomes a viable investment entity?
(a) Drexel Burnham.
(b) Merril Lynch.
(c) Goldman Sachs.
(d) First Boston.

2. A row of Bic fine-point pens in a plastic case in the breast pocket of someone who works on Wall Street is commonly called a _____.
(a) Cigarette pack.
(b) Platoon.
(c) Nerd pack.
(d) Badge of honor.

3. In the bond market, unlike the stock market, ______ are not openly stated.
(a) Interest rates.
(b) Share quantities.
(c) Commissions.
(d) Taxes.

4. According to one mortgage trader, it is an accepted fact that mortgage traders have _____.
(a) No consciences.
(b) Fishy eyes.
(c) Iron balls.
(d) Death wishes.

5. Which leading bond analyst from Salomon Brothers gives a speech at the Wharton School about how he can't get women to pay attention to him at cocktail parties?
(a) John Gutfreund.
(b) Myron Samuels.
(c) John Meriwether.
(d) Sidney Homer.

Short Answer Questions

1. There are 287 books about bonds in the New York Public Library and most of them are about _____.

2. The quote in "The Art of War" that captures the essence of the chapter is "God gave you eyes, _____."

3. A sticking point in making mortgage securities work is the homeowner's right to _____ his mortgage.

4. The front-row people in the Salomon Brothers training program are generally from which business school?

5. What practice eventually cripples Salomon Brothers?

(see the answer key)

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