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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. In the midst of Liar's Poker, the good player's mind spins with ________.
(a) Gestures.
(b) Probabilities.
(c) Details.
(d) Commonalities.

2. From what school does Leonard Bublick, the trainee who gets hit in the head with a paper wad thrown by the former U.S. Navy fighter pilot, get his M.B.A.?
(a) Oberlin.
(b) University of Indiana.
(c) University of Iowa.
(d) Yale.

3. What aspect of the dollar bill is the integral component of Liar's Poker?
(a) The owner.
(b) The mint.
(c) The year.
(d) The serial number.

4. Where does the important dinner that the author is invited to take place?
(a) Tintagel.
(b) Cornwall.
(c) St. James Palace.
(d) Buckingham Palace.

5. What is the name of an interview technique designed to test an applicant's nerve?
(a) Direct humiliation.
(b) The silent treatment.
(c) Instant recall command.
(d) The yell test.

Short Answer Questions

1. A trainee asks Horowitz about why the company's largest shareholder is from which country?

2. Gutfreund's wife, Susan, is spending fifteen million dollars decorating his ______ apartment.

3. The senior mortgage traders maintain that their abuse of trainees leads to _____.

4. Who is considered the baby-sitter and organizer of the training program?

5. Rich Shuster is a thrift salesman in which Salomon Brothers office before coming to work for Ranieri?

Short Essay Questions

1. What effect does allowing the back row of the Salomon Brothers training program to create anarchy have on the company?

2. The author uses the analogy of two benevolent hands that "stuff the turkey" that Wall Street firms eat the stuffing from. What does he mean by this?

3. How is trading supposedly like the jungle?

4. What is one of the main concerns of the old hands at Salomon Brothers concerning the state of affairs in the economics of America in the 1980s?

5. How does the equities department treat the trainees?

6. How does the author compare economics to art history?

7. How does Meriwether beat Gutfreund before the game of Liar's Poker even starts?

8. What happens when the author has breakfast with Leo Corbett?

9. Why does one of the female trainees become the first person to finally talk to the author in the training program at Salomon Brothers?

10. What happens as a result of the surge in the number of students who get economics degrees?

(see the answer keys)

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