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This quiz consists of 5 multiple choice and 5 short answer questions through When Bad Things Happen to Rich People.

Multiple Choice Questions

1. The code of Liar's Poker is something like the code of the ______.
(a) Gunslinger.
(b) Mason.
(c) Marine.
(d) Silent.

2. What does the author buy after the market crashes?
(a) Treasury bills.
(b) Gold.
(c) Salomon Brother's stock.
(d) Municipal bonds.

3. According to the author, investors don't fear losing money as much as they fear _____?
(a) Math.
(b) Solitude.
(c) Ridicule.
(d) Dogma.

4. Gutfreund's wife, Susan, is spending fifteen million dollars decorating his ______ apartment.
(a) Manhattan.
(b) Paris
(c) Long Island.
(d) London

5. What is it called when occupants of an upmarket property buy out the owner-developer who repays his government loan?
(a) A counter weight.
(b) A reversal.
(c) A no-fault loan.
(d) A conversion.

Short Answer Questions

1. According to the author, all a man has in the markets is his _____.

2. A guiding principle of Salomon Brothers that Tom Strauss iterates to the author is that customers have _____.

3. Most of the trainees in the training program to which the author speaks at the end of the book are assigned to which department at Salomon Brothers?

4. According to one mortgage trader, it is an accepted fact that mortgage traders have _____.

5. "The opportunist" is sane in every respect except that his _____ was stratospheric.

(see the answer key)

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