1. As Lewis gets more experience at Salomon Brothers, he realizes that an inexplicable aspect of studying to be an investment banker is that _______ serves no function in an investment bank.
(a) Politeness.
(b) Making plans.
(c) A college degree.
(d) Economic theory.

2. According to the author, what is the rarest and most valuable asset a Wall Street firm can possess?
(a) A monopoly.
(b) A Howie Ruben.
(c) A good manager.
(d) A high cash flow.

3. What is the nickname of Horowitz?
(a) The hatchet man.
(b) Uncle Dale.
(c) The Jackknife.
(d) Papa Horowitz.

4. Though he was rejected by Harvard, Gutfreund eventually graduated from ______.
(a) Oberlin.
(b) Yale.
(c) Princeton.
(d) Oxford.

5. Drexel Burnham runs an ad in the Wall Street journal showing two men _____.
(a) On a tandem bicycle.
(b) Eating fast food.
(c) At a boxing match.
(d) Running up a hill.

Short Answer Questions

1. When Matty Olivia leaves Salomon Brothers in a huff for the joke the mortgage guys play on him, the author attributes his return to the notion that he is bound by _____.

2. Who are the biggest shoppers for mortgage products?

3. The face of Dale Horowitz reminds the author of whom?

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

5. Howie Rubin is picked up by which company when he is fired from Merrill Lynch?

(see the answer key)

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