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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 Salomon Brothers expense account is used as a _____ compensation system.
2. Which country's interest rate is part of the deal for which "the opportunist" steals credit?
3. What type of nightmares is the author having at the beginning of "The Art of War"?
4. According to the author, investors don't fear losing money as much as they fear _____?
5. A guiding principle of Salomon Brothers that Tom Strauss iterates to the author is that customers have _____.
Short Essay Questions
1. Who took the hit for the AT&T bond loss that the author advised Herman on?
2. What is the "gospel according to Ranieri"?
3. What are the two kinds of friction at Salomon Brothers?
4. What is happening in colleges in Britain by the end of 1986?
5. As the author gains more experience working in London, what does he think interests European traders that differs from American traders?
6. Does Michael Milken consider himself a part of Drexel Burnham?
7. How does Lewie Ranieri feel about Michael Milken? How does this differ from John Gutfreund's opinion of him?
8. Why does one trader think that Mark Smith is not a Trojan Horse like some of the other traders believe?
9. What happens to the average age and the average age at Salomon Brothers in London in 1987?
10. What is the relationship of IOs and POs to the market?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Compare the personality traits of Lewie Ranieri and Michael Milken. What is the difference between their careers in regards to their respective companies? Compare the amount of money each person made. Why did one make more money than the other?
Essay Topic 2
How is Lewie Ranieri fired? Why is he fired? Who does he blame for his being fired? Why? What reasons are given by Gutfreund for his dismissal? Why is he not let into the building after he is fired?
Essay Topic 3
According to Andy Stone, what effect does Wall Street's tendency to make its best producers into managers have on firms? What happens to managers once they achieve the position? Is it a good system overall?
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This section contains 788 words (approx. 3 pages at 300 words per page) |
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