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

2. Where is the author living in 1984?
(a) Paris.
(b) Omaha.
(c) New York.
(d) London.

3. What is photocopied 126 times from The New York Times and distributed among the trainees each morning?
(a) The crossword puzzle.
(b) The business section.
(c) The comic section.
(d) The front page.

4. What practice eventually cripples Salomon Brothers?
(a) Overextension.
(b) Top heaviness.
(c) Hypergrowth.
(d) Laziness.

5. Gutfreund's challenging of Meriwether to a game of Liar's Poker is his way of showing he is ______.
(a) A player.
(b) Intelligent.
(c) Boss.
(d) Wealthy.

Short Answer Questions

1. Lewis observes that the cruelty that traders bestow on everyone in their wake is _____.

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

3. The cafeteria kitchen at Salomon Brothers is known throughout Wall Street for its _____.

4. The author describes England as the land of ________.

5. According to the book, investment banking candidates are expected to be _______.

Short Essay Questions

1. Why does Gutfreund challenge Meriwether to Liar's Poker?

2. How does the code of Liar's Poker affect a trader?

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

4. What is the hard part of Liar's Poker?

5. What does Lewis see as being the first inalienable right of the Salomon Brothers trainee?

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

7. What do the trainees have planned for the morning Gutfreund is supposed to speak to the class?

8. How does the author manage to get a connection into Salomon Brothers?

9. What is meant by "no tears"?

10. How does a chaired professor at the London School of Economics react when the author tells him the amount he has been offered to work at Salomon Brothers?

(see the answer keys)

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