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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. Ronald O. Perelman is a hostile trader who took over which cosmetics company?
(a) Smashbox.
(b) L'Oreal.
(c) Revlon.
(d) Maybelline.

2. In the bond market, unlike the stock market, ______ are not openly stated.
(a) Interest rates.
(b) Taxes.
(c) Commissions.
(d) Share quantities.

3. When Matty Olivia leaves Salomon Brothers in a huff for the joke the mortgage guys play on him, the author attributes his return to the notion that he is bound by _____.
(a) Family obligation.
(b) Unwritten loyalty.
(c) Golden handcuffs.
(d) Contract.

4. For the author, the stigma of getting a job through connections is worse than the stigma of ______.
(a) Getting a PhD.
(b) Unemployment.
(c) Waiting tables.
(d) Starting at the bottom.

5. According to Lewis, the better an analyst gets at his job, the nearer he seems to ______.
(a) God.
(b) Death.
(c) Greatness.
(d) His dreams.

Short Answer Questions

1. Investment banking in America is a long-standing _____.

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

3. What type of ideas does Herman want for his investment?

4. According to the author, what is Gutfreund's only noticeable affectation when he comes to speak to the trainees?

5. Gutfreund's first love is ______.

(see the answer key)

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