Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Hedge Fund.
Multiple Choice Questions
1. Where was the Long-Term Capital Portfolio stored?
(a) Switzerland.
(b) Cayman Islands.
(c) Germany.
(d) Bermuda.
2. During the time period in "Hedge Fund", how many people were millionaires due to the stock market?
(a) 5 million.
(b) 6 million.
(c) 1 million.
(d) 20 million.
3. What happened to Meriwether's Treasury bill deal before it was resolved?
(a) It remained steady.
(b) It fell apart.
(c) Huge gains.
(d) Big losses.
4. How much money did Meriwether need to start Long-Term?
(a) $1 billion.
(b) $100,000.
(c) $50 million.
(d) $2.5 billion.
5. What group did Meriwether found in 1977?
(a) The Arbitrage Group.
(b) The Meegen Group.
(c) The Commanders.
(d) Smith & Meriwether Co.
Short Answer Questions
1. What notable company went bankrupt in the 1970's?
2. What did Meriwether do with his staff?
3. Who became the temporary CEO of Meriwether's group when scandal hit?
4. How much did Long-Term plan to take from its profits?
5. Who typically invested in hedge funds?
This section contains 165 words (approx. 1 page at 300 words per page) |