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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. What did Rich trade with the Cubans in Chapter 5?
(a) Nickel and copper.
(b) Aluminum and silver.
(c) Gold and silver.
(d) Nickel and mercury.

2. Traders at Philipp Brothers were trained to move how in their dealings?
(a) Meticulously.
(b) Cautiously.
(c) Deliberately.
(d) Fast.

3. What building did Philipp Brothers occupy five floors of in New York?
(a) World Trade Tower 1.
(b) The Empire State Building.
(c) McGraw-Hill Building.
(d) 30 Rockefeller Plaza.

4. What vice did Marc Rich pick up after becoming manager of the Madrid office for Philipp Brothers?
(a) Heroin use.
(b) Drinking.
(c) Smoking.
(d) Gambling.

5. Rich's goal in Chapter 6 was to have great success in Madrid, become European manager, and eventually take over whose responsibilities?
(a) Fielding's.
(b) Steinman's.
(c) Jesselson's.
(d) Rezai's.

6. Whom did Marc Rich marry, according to Chapter 5?
(a) Denise Eisenberg.
(b) Angelina Davis.
(c) Mirta Díaz Balart.
(d) Imelda Marcos.

7. What is the name of an oil cartel of twelve developing countries made up of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela?
(a) NATO.
(b) OPEC.
(c) NPCL.
(d) PLCO.

8. The trading community admired Rich because he was able to get around many what that stood in the way of many countries and their corporations?
(a) Reluctant sellers.
(b) Rules and regulations.
(c) Market crashes.
(d) Reluctant buyers.

9. What company had Marc Rich begun working at immediately after dropping out of college?
(a) Philipp Brothers.
(b) Clarendon Limited.
(c) Bank of Credit and Commerce International.
(d) Glencore International AG.

10. Within seven short years in trading, how much money had Marc Rich established in his personal empire?
(a) $15 billion.
(b) $5 billion.
(c) $40 billion.
(d) $10 billion.

11. Who was the only business associate with whom Marc Rich developed a close relationship that lasted over time?
(a) Pincus Green.
(b) Marvin Davis.
(c) Alireza Rezae.
(d) Robbie Lichtenstern.

12. What product did Marc Rich's father-in-law trade in Chapter 5?
(a) Shoes.
(b) Metals.
(c) Lumber.
(d) Oil.

13. What is the name of Marc Rich's current estate, located on the shores of Lake Lucerne?
(a) "Lucerne villa."
(b) "La villa blanc."
(c) "La villa rose."
(d) "La villa bleu."

14. In what year was the U.S. dollar no longer backed by gold?
(a) 1973.
(b) 1965.
(c) 1971.
(d) 1976.

15. Marc Rich was able to parlay his friendship with the Iranian broker into meaningful associations with whom?
(a) Highly placed Saudis.
(b) Highly placed Persians.
(c) Highly placed Iraqis.
(d) Cuban government officials.

Short Answer Questions

1. After 15 years at the helm, the Philipps brothers' cousin and who were responsible for elevating Philipp Brothers to a powerful international trading force?

2. The author writes in Chapter 5 that being advanced at trading merely required the ability to tame the furies of what?

3. Marc Rich created an oil market that allowed customers to buy oil without having to do what?

4. What metal did Marc Rich first begin trading at Philipp Brothers?

5. The author's description of Marc Rich in Chapter 6 states that the trader was demanding and unfair with underlings and displayed little personality and had no sense of what?

(see the answer keys)

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