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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. According to the author, all a man has in the markets is his _____.
(a) Gall.
(b) Drive and determination.
(c) Wits.
(d) Word and honor.

2. The face of Dale Horowitz reminds the author of whom?
(a) Ronald Reagan.
(b) Yogi Bear.
(c) Donald Duck.
(d) Bugs Bunny.

3. What is the name of the standard of one hundred cents on the dollar?
(a) Whole dividend.
(b) Coupon rate.
(c) Par.
(d) Whole life.

4. What is the name of the Federal Housing Administration's approval to trade in whole loans?
(a) An eagle.
(b) A bogey.
(c) A put.
(d) A birdie.

5. Mike Milkin of Drexel Burnham is the guru of _____.
(a) Mortgage bonds.
(b) Junk bonds.
(c) Municipal bonds.
(d) Government bonds.

Short Answer Questions

1. What is Latin for "buyer beware"?

2. What is photocopied 126 times from The New York Times and distributed among the trainees each morning?

3. What practice eventually cripples Salomon Brothers?

4. What does Lewis see as John Gutfreund's "calling card" as he makes his rounds in the trading floor?

5. What is the name given to the junk bond seminar that Michael Milken speaks at every year in Beverly Hills?

(see the answer key)

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