Metal Men: Marc Rich and the 10-billion-dollar Scam Test | Mid-Book Test - Medium

A. Craig Copetas
This set of Lesson Plans consists of approximately 128 pages of tests, essay questions, lessons, and other teaching materials.
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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. The scam which drove the rumor in Chapter 2 was intended to raise the prices of what?
(a) Silver and gold.
(b) Gold and the U.S. dollar.
(c) Diamonds.
(d) Magnesium and silver.

2. What were the personalities of the traders related to in Chapter 1?
(a) Terrorists.
(b) Cowboys.
(c) Anarchists.
(d) Rogues.

3. What product did Marc Rich's father-in-law trade in Chapter 5?
(a) Shoes.
(b) Metals.
(c) Lumber.
(d) Oil.

4. The author writes in Chapter 6 that Rich was well aware that OPEC's demand for ______ would lead to an oil glut that the globe could not handle.
(a) More production.
(b) Money.
(c) Less production.
(d) Trade embargoes.

5. Who was the only business associate with whom Marc Rich developed a close relationship that lasted over time?
(a) Robbie Lichtenstern.
(b) Marvin Davis.
(c) Alireza Rezae.
(d) Pincus Green.

Short Answer Questions

1. The author writes in Chapter 6 that everyone from bellhops to brokers had similar thoughts about Marc Rich--he was effective but secretive and what?

2. Who is surmised to have given the orders to initiate the rumor in Chapter 2?

3. What is the chemical number for nickel?

4. In what year did the rumor circulate in Chapter 2?

5. Where did Philipp Brothers establish a firm it was miraculously able to keep alive during World War I?

Short Essay Questions

1. How many metals were openly traded? Where did others come from?

2. What had happened by the evening of the rumor in Chapter 2?

3. Where was Marc Rich born? What was his father like?

4. Why did Marc Rich's family move to the United States? Where did they settle? How was Rich described in school?

5. What caused a major change in oil prices in Chapter 6? What was Rich's reaction?

6. What does the author write of the atmosphere at Philipp Brothers when Marc Rich began there? How was the market different from today?

7. Where and when did Marc Rich begin his career as a metal man? What was the company like?

8. Describe Ludwig Jesselson. How did he work with clients?

9. Under whom did many of the new recruits at Philipp Brothers work? What was this individual like?

10. Why was the metal industry centered in London? How does the author describe the power of the industry in Chapter 1?

(see the answer keys)

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