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

2. Bond prices move _____ to interest rates after 1979.
(a) Parallel.
(b) Inversely.
(c) Cyclically.
(d) Unrelated.

3. Massey is not looking for curious minds among trainees, he is looking for _____.
(a) Cult followers.
(b) Obsequious coffee-getters.
(c) Bulls.
(d) Cookie-cutter versions of himself.

4. Which subway line drops off hoards of people to their Wall Street jobs?
(a) Lexington Avenue.
(b) Bedford Park.
(c) Morris Heights.
(d) Belmont.

5. What is the nickname of Horowitz?
(a) Papa Horowitz.
(b) The hatchet man.
(c) The Jackknife.
(d) Uncle Dale.

Short Answer Questions

1. With whom has the author received an invitation to dine?

2. People who do imitations of Michael Mortara often sound like _____.

3. As Lewis observes people in his firm, he finds that just as some people are mean drunks, mortgage traders are mean _____.

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

5. Jim Massey is considered Gutfreund's _____.

Short Essay Questions

1. What is unfortunate about the position Susan James has acquired at Salomon Brothers?

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

3. 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?

4. Why does the author pounce on the opportunity to work for Salomon Brothers like a loose ball?

5. Describe the home-buying imbalance of the Rust Belt and the Sun Belt.

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

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

8. Why is a single home mortgage considered a messy investment for Wall Street?

9. Why is the treasury trader king at Salomon Brothers?

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)

This section contains 854 words (approx. 3 pages at 300 words per page) View a FREE sample