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This quiz consists of 5 multiple choice and 5 short answer questions through How Can We Make You Happier?.

Multiple Choice Questions

1. Salomon Brothers is a ______ from 1910 to 1981.
(a) Corporation.
(b) Partnership.
(c) Sole proprietorship.
(d) Monopoly.

2. To create a CMO, hundreds of millions of dollars in ordinary mortgage bonds are placed in a _____.
(a) Retirement account.
(b) Pension fund.
(c) Trust.
(d) Certificate of Deposit.

3. How much debt does the savings and loan companies seem to want to sell in 1981?
(a) One trillion dollars.
(b) One billion dollars.
(c) Zero.
(d) Fifty billion dollars.

4. Howie Rubin is picked up by which company when he is fired from Merrill Lynch?
(a) Shearson Lehman.
(b) Drexel Burnham.
(c) Salomon Brothers.
(d) Bear Stearns.

5. More than any other firm on Wall Street, Salomon Brothers is run by _______.
(a) Analysts.
(b) Corporate finance.
(c) Traders.
(d) Mutual fund managers.

Short Answer Questions

1. The author notices that young traders become _____ after they get onto Meriwether's trading desk.

2. What practice eventually cripples Salomon Brothers?

3. Rich Shuster is a thrift salesman in which Salomon Brothers office before coming to work for Ranieri?

4. According to the author, investors don't fear losing money as much as they fear _____?

5. What is more relevant than a bad joke because it moves markets?

(see the answer key)

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