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This quiz consists of 5 multiple choice and 5 short answer questions through When Bad Things Happen to Rich People.

Multiple Choice Questions

1. The Salomon Brothers expense account is used as a _____ compensation system.
(a) First-rate.
(b) Hard-dollar.
(c) Soft-dollar.
(d) Second rate.

2. This person is charged with coordinating all deals on the trading floor.
(a) A portfolio manager.
(b) A corporate coordinator.
(c) A money market chairperson.
(d) A syndicate manager.

3. Gutfreund's wife, Susan, is spending fifteen million dollars decorating his ______ apartment.
(a) Long Island.
(b) London
(c) Manhattan.
(d) Paris

4. Where is the author living in 1984?
(a) Omaha.
(b) Paris.
(c) London.
(d) New York.

5. 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) Making plans.
(b) Economic theory.
(c) Politeness.
(d) A college degree.

Short Answer Questions

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

2. Which subway line drops off hoards of people to their Wall Street jobs?

3. Gutfreund's challenging of Meriwether to a game of Liar's Poker is his way of showing he is ______.

4. What is a phrase the author uses to describe Meriwether's value to Salomon Brothers?

5. On Wall Street, there is no theoretical basis for pricing a homeowner's option to _____ his loan.

(see the answer key)

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