View a FREE sample

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

Multiple Choice Questions

1. Lewis characterizes the sprinting rabbit statue at the new London office as a _____.
(a) Non sequitur.
(b) Frivolous trinket.
(c) Caveat emptor.
(d) Reminder to work hard.

2. 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.

3. A carnival performer who bites the heads off live chickens and snakes is definition of a _____.
(a) Freak.
(b) Nerd.
(c) Stooge.
(d) Geek.

4. What ritual of the London office is fairly renowned in New York?
(a) Working late hours.
(b) Two-hour lunches.
(c) Wine at work.
(d) Going to France on the weekends.

5. According to the author, the whole idea of globalization at Salomon Brothers is _____.
(a) A relief.
(b) A canard.
(c) Somewhat realisitic.
(d) A given.

Short Answer Questions

1. What spins out of control at Salomon Brothers in 1987?

2. What type of communication do the author and Dash launch into at the beginning of the work day?

3. Who are the biggest shoppers for mortgage products?

4. According to one mortgage trader, it is an accepted fact that mortgage traders have _____.

5. Where does Dash see a painting that he wants?

Short Essay Questions

1. As the author gains more experience working in London, what does he think interests European traders that differs from American traders?

2. What is drifting away from Salomon Brothers and toward Drexel Burnham in 1987? Why?

3. What is a tombstone and how does it apply to the German interest warrant created by the author and Alexander?

4. Why do thrifts come back for more, even though they don't understand what is happening to their loans in the mortgage bond market?

5. What is the particular need of thrifts in terms of investing in the mortgage bond market?

6. Why does one trader think that Mark Smith is not a Trojan Horse like some of the other traders believe?

7. The author is convinced that the worst thing a man can do with a telephone without breaking the law is what?

8. Why do costs at Salomon Brothers seem to suddenly matter in 1985?

9. Does Michael Milken consider himself a part of Drexel Burnham?

10. When is the best time to sell short?

(see the answer keys)

This section contains 834 words (approx. 3 pages at 300 words per page) View a FREE sample