Print
Word
PDF
|
| Name: _________________________ | Period: ___________________ |
This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.
Multiple Choice Questions
1. CMO's are divided into slices, or _____.
(a) Branches.
(b) Tranches.
(c) Departments.
(d) Compartments.
2. According to the author, the whole idea of globalization at Salomon Brothers is _____.
(a) A given.
(b) A canard.
(c) A relief.
(d) Somewhat realisitic.
3. Investment banking in America is a long-standing _____.
(a) Monarchy.
(b) Partnership.
(c) Oligopoly.
(d) Dictatorship.
4. What is the name of the Salomon Brothers when it becomes a corporation?
(a) First Salomon Incorporated.
(b) Salomon Brothers Incorporated.
(c) Phibro Salomon Incorporated.
(d) Salomon Shearson Incorporated.
5. Where does Dash see a painting that he wants?
(a) Christie's.
(b) The Metropolitan Museum.
(c) Sotheby's
(d) Bonham's.
Short Answer Questions
1. The author and Alexander orchestrate the a second security after "the opportunist" steals credit for the first involving the interest rate of which country?
2. By getting thrift managers to trade their bonds actively, Ranieri's sales force could transform a shy, nervous thrift president into a _____.
3. Michael Milken invents the _____.
4. What is it called when occupants of an upmarket property buy out the owner-developer who repays his government loan?
5. Ranieri is characterized by the author as perhaps the first _____ in the history of Wall Street.
Short Essay Questions
1. Why do thrifts come back for more, even though they don't understand what is happening to their loans in the mortgage bond market?
2. As the author gains more experience working in London, what does he think interests European traders that differs from American traders?
3. How is Howie Rubin thought of at Salomon Brothers? Why?
4. What characterizes Stu Willicker's leadership style?
5. Does Michael Milken consider himself a part of Drexel Burnham?
6. What is the "gospel according to Ranieri"?
7. How does Lewie Ranieri feel about Michael Milken? How does this differ from John Gutfreund's opinion of him?
8. Do bosses at Salomon Brothers think badly of employees who are not at their telephones all the time? Why or why not?
9. From the moment the Federal Reserve lifted interest rates in October 1979, what happens to the thrifts?
10. What are some of the bad habits mortgage traders have developed regarding the use of the Salomon Brothers expense account?
|
This section contains 809 words (approx. 3 pages at 300 words per page) |
|
