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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. The front-row people in the Salomon Brothers training program are generally from which business school?

2. What is a phrase the author uses to describe Meriwether's value to Salomon Brothers?

3. For a great player of Liar's Poker, ______ is the easy part of the game.

4. What floor at Salomon brothers is said to have low ceilings, no windows, and the charm of an engine room?

5. What sort of important dinner is the author invited to attend?

Short Essay Questions

1. How does Bob Dall react when he is replaced by Ranieri?

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

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

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

5. What is the difference between managing and trading?

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

7. 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?

8. What is the "3-6-3 Club"?

9. What is meant by "no tears"?

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

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Describe the deal that the author and Alexander create on the security they invent involving German interest rates. How does the "the opportunist" offer to help them? How does "the opportunist" try to take credit for their idea? How does the author retaliate and what is the final outcome of the situation?

Essay Topic 2

Describe the evolution of the mortgage trading department at Salomon Brothers. Who came up with the idea to develop that department? Who saw it through the hard times? What were some of the stumbling blocks that had to be overcome to make mortgages viable for trading? How does it finally become successful?

Essay Topic 3

How does the Glass-Steagall Act of 1934 cleave the banking industry in two? What two sectors of banking are created as a result of the act? What functions do these two sectors serve? How are the two sectors of banking perceived by the author?

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This section contains 877 words (approx. 3 pages at 300 words per page) View a FREE sample