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This quiz consists of 5 multiple choice and 5 short answer questions through Adult Education.

Multiple Choice Questions

1. Gutfreund's first love is ______.
(a) Managing.
(b) Philosophizing.
(c) Trading.
(d) Posing for photo ops.

2. A challenge in Liar's Poker is like saying _______.
(a) "I doubt it."
(b) "You're an idiot."
(c) "I'll take the gamble."
(d) "You're a con artist."

3. Who is chairman of the Federal Reserve in 1979?
(a) Ben Bernanke.
(b) Alan Greenspan.
(c) Paul Volcker.
(d) Arthur F. Burns.

4. Where does the important dinner that the author is invited to take place?
(a) Tintagel.
(b) St. James Palace.
(c) Cornwall.
(d) Buckingham Palace.

5. In 1979, which company specializes in junk bonds?
(a) Shearson.
(b) Salomon Brothers.
(c) Lehman.
(d) Drexel Burnham.

Short Answer Questions

1. Jim Massey is a member of Salomon Brothers executive committee in charge of sales and presides over _____, which directly affects the future of all trainees.

2. Liar's Poker has a lot in common with what aspect of Wall Street business?

3. What is photocopied 126 times from The New York Times and distributed among the trainees each morning?

4. What is a phrase the author uses to describe Meriwether's value to Salomon Brothers?

5. Wall Street has a river at one end and a ______ at the other.

(see the answer key)

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