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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. For a great player of Liar's Poker, ______ is the easy part of the game.
(a) Science.
(b) Reading people.
(c) Math.
(d) Lying.

2. A guiding principle of Salomon Brothers that Tom Strauss iterates to the author is that customers have _____.
(a) Small brains.
(b) Big wallets.
(c) Long options.
(d) Short memories.

3. What is the name given to the junk bond seminar that Michael Milken speaks at every year in Beverly Hills?
(a) The Predator's Ball.
(b) TheMoney Masquerade.
(c) The Golden Parachute.
(d) The Junker's Ball.

4. Which department at Salomon Brothers is considered "the sleepy backwater"?
(a) Analysis.
(b) Corprate finance.
(c) Equities.
(d) Bond trading.

5. The trainee who finally asks a question at Massey's training session wonders if Salomon Brothers will open an office in what city?
(a) Rome.
(b) Vienna.
(c) Prague.
(d) Montreal.

Short Answer Questions

1. According to the author, what is the rarest and most valuable asset a Wall Street firm can possess?

2. Who are the biggest shoppers for mortgage products?

3. Mark Smith enters the mortgage department in 1985 and is considered a _____ by the author.

4. Ranieri is the guru of the _____ industry.

5. The cafeteria kitchen at Salomon Brothers is known throughout Wall Street for its _____.

(see the answer key)

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