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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. What is another word for savings and loan?
(a) House bank.
(b) Thrift.
(c) Home store.
(d) Penny house.

2. Who are the easiest people to sack from Salomon Brothers?
(a) Nearly-retired traders.
(b) Women.
(c) Young traders.
(d) Foreign traders.

3. Ranieri describes Tom Strauss as _____.
(a) A boob.
(b) A clown.
(c) A snake.
(d) A rabid dog.

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

5. Massey is not looking for curious minds among trainees, he is looking for _____.
(a) Cult followers.
(b) Cookie-cutter versions of himself.
(c) Obsequious coffee-getters.
(d) Bulls.

Short Answer Questions

1. What does Lewis Identify as the two emotions that commonly destroy traders?

2. According to the author, the reason Wall Street has initially ignored his resume is that all the representatives from large firms say that he lacks ______.

3. Which publication calls John Gutfreund the "King of Wall Street"?

4. People who do imitations of Michael Mortara often sound like _____.

5. The author characterizes the people initially involved in home mortgages as ______.

(see the answer key)

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