|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. The author notices that young traders become _____ after they get onto Meriwether's trading desk.
2. The senior mortgage traders maintain that their abuse of trainees leads to _____.
3. The face of Dale Horowitz reminds the author of whom?
4. The front-row people in the Salomon Brothers training program are generally from which business school?
5. What is another word for savings and loan?
Short Essay Questions
1. How does the equities department treat the trainees?
2. How does the author manage to get a connection into Salomon Brothers?
3. Why does one of the female trainees become the first person to finally talk to the author in the training program at Salomon Brothers?
4. How is trading supposedly like the jungle?
5. How does a chaired professor at the London School of Economics react when the author tells him the amount he has been offered to work at Salomon Brothers?
6. Why does Gutfreund challenge Meriwether to Liar's Poker?
7. In the training class, why does Lewis think Gutfreund looks the part of statesman?
8. How does the author compare economics to art history?
9. What is one of the main concerns of the old hands at Salomon Brothers concerning the state of affairs in the economics of America in the 1980s?
10. Why does the author pounce on the opportunity to work for Salomon Brothers like a loose ball?
Write an essay for ONE of the following topics:
Essay Topic 1
What happens when the author interviews for Lehman Brothers? Why does he interview for Lehman Brothers? Who comes to interview him? What does he say that affects the outcome of the interview? Why is the author perplexed at the reaction the interviewers have to his answer to their question?
Essay Topic 2
Describe the training program at Salomon Brothers. How is it perceived by other firms? What is the difference between the people who sit in the front row and the people who sit in the back row of the training sessions? How are the Japanese trainees perceived? How do they perceive themselves? To which speaker does the back row respond favorably? Why?
Essay Topic 3
Describe the deal that the author and Alexander create on the security they invent involving German interest rates. How does the "the opportunist" offer to help them? How does "the opportunist" try to take credit for their idea? How does the author retaliate and what is the final outcome of the situation?
This section contains 934 words
(approx. 4 pages at 300 words per page)