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| Name: _________________________ | Period: ___________________ |
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. Investment banking in America is a long-standing _____.
2. What is the name of the Salomon Brothers when it becomes a corporation?
3. What are the European genus, English species, of slick financial people called?
4. By getting thrift managers to trade their bonds actively, Ranieri's sales force could transform a shy, nervous thrift president into a _____.
5. The author and Alexander orchestrate the a second security after "the opportunist" steals credit for the first involving the interest rate of which country?
Short Essay Questions
1. When is the best time to sell short?
2. How does Lewie Ranieri feel about Michael Milken? How does this differ from John Gutfreund's opinion of him?
3. What is selling short?
4. What is a tombstone and how does it apply to the German interest warrant created by the author and Alexander?
5. Who took the hit for the AT&T bond loss that the author advised Herman on?
6. What is the particular need of thrifts in terms of investing in the mortgage bond market?
7. The author is convinced that the worst thing a man can do with a telephone without breaking the law is what?
8. What are some of the bad habits mortgage traders have developed regarding the use of the Salomon Brothers expense account?
9. What is the relationship of IOs and POs to the market?
10. Why does one trader think that Mark Smith is not a Trojan Horse like some of the other traders believe?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
How does the author finally become a Big Swinging Dick? Who dubs him so? Who does he sell to to attain this level at Salomon Brothers? What does he sell? How does he feel about the whole affair?
Essay Topic 2
What is the perception of "corporate finance" in the investment banking industry? What does someone in corporate finance actually do? What role does and investment banking analyst play in relation to corporate financiers?
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 857 words (approx. 3 pages at 300 words per page) |
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