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

A. Craig Copetas
This set of Lesson Plans consists of approximately 144 pages of tests, essay questions, lessons, and other teaching materials.
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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. What is the chemical symbol for gold?`

2. What company had Marc Rich begun working at immediately after dropping out of college?

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

4. Traders at Philipp Brothers were trained to move how in their dealings?

5. The scam which drove the rumor in Chapter 2 was intended to raise the prices of what?

Short Essay Questions

1. What was the reaction of the New York offices following the gunpoint incident in Chapter 10? How was Rich connected to the affair?

2. When and why did Marc Rich purchase 20th Century Fox?

3. What was the main problem for Philipp Brothers with the oil trade? Who was concerned about Rich's risks?

4. What two employees was Marc Rich greatly disappointed by in Chapter 12? What had each done?

5. What was Rich's objective as head of the Madrid offices? What industry changes affected his goals?

6. What was in great demand in Chapter 2? What were the results?

7. Who was Doug Lee? How is he described in Chapter 2?

8. What was the principle obstacle Rich faced in his dealings with Iran after the Ayatollah Khomeini took over control? What did Rich do?

9. What did Rich decide to invest in for Philipp Brothers in Chapter 6? What was the Board's reaction?

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

Essay Topics

Essay Topic 1

Describe Marc Rich's wedding. When was he married and to whom? What was remarked about the wedding of Rich?

Essay Topic 2

Describe and discuss the events which led to the downturn in the industry after Rich became managing director of the Madrid offices. What changed about the U.S. dollar during this time? How was the global economy affected?

Essay Topic 3

Describe the merger between Mineral & Chemicals Philipp Brothers and Engelhard Industries. When did this merger take place? What did each company hope to gain from the merger?

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