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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. Drexel Burnham runs an ad in the Wall Street journal showing two men _____.
(a) Running up a hill.
(b) At a boxing match.
(c) On a tandem bicycle.
(d) Eating fast food.

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

3. There are 287 books about bonds in the New York Public Library and most of them are about _____.
(a) Junk Bonds.
(b) Chemistry.
(c) Family ties.
(d) A British spy.

4. The pet name that bond traders give to the corporate finance department is _____.
(a) Twenty Mule Team.
(b) The Who.
(c) The Cleveland Browns.
(d) Team Xerox.

5. The author notices that young traders become _____ after they get onto Meriwether's trading desk.
(a) Hysterical.
(b) Intellectuals.
(c) Pudding.
(d) Disciples.

Short Answer Questions

1. Ranieri describes Tom Strauss as _____.

2. Bob Dall and Stephen Joseph create the first _____ of mortgage securities.

3. Where is the author living in 1984?

4. According to Lewis, the better an analyst gets at his job, the nearer he seems to ______.

5. Wall Street has a river at one end and a ______ at the other.

(see the answer key)

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