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

Multiple Choice Questions

1. When did Rich became the manager of Philipp Brothers' Madrid office?
(a) 1980.
(b) 1967.
(c) 1962.
(d) 1971.

2. The author writes in Chapter 5 that Jesselson's tenure at Philipp Brothers was during an era when relationships were forged by trust, not by what?
(a) Backstabbing.
(b) Money.
(c) Corporate lawyers.
(d) Greed.

3. The author writes in Chapter 6 that solid relationships with what were essential in the trading world?
(a) Customers.
(b) Governments.
(c) Officials.
(d) Banks.

4. In Chapter 2, a rumor circulated that who had succumbed to a cerebral hemorrhage?
(a) Ronald Reagan.
(b) George Bush.
(c) Margaret Thatcher.
(d) The Pope.

5. Who encouraged Marc Rich to quit college and become a trader?
(a) Michael Skawinski.
(b) James Miller.
(c) Henry Rothschild.
(d) Henry Kissinger.

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

7. What did Marc Rich begin taking in Chapter 6 to manage his weight?
(a) Methamphetamines.
(b) Cocaine.
(c) Crack cocaine.
(d) Amphetamines.

8. When was Philipp Brothers founded?
(a) 1914.
(b) 1929.
(c) 1940.
(d) 1900.

9. What happened to the U.S. dollar in trading following the rumor's circulation in Chapter 2?
(a) It began to drop.
(b) It held steady.
(c) It surged dramatically.
(d) It began to rise.

10. The author writes in Chapter 6 that everyone from bellhops to brokers had similar thoughts about Marc Rich--he was effective but secretive and what?
(a) Adulterous.
(b) Hateful.
(c) Paranoid.
(d) Sadistic.

11. Marc Rich created an oil market that allowed customers to buy oil without having to do what?
(a) Use bank loans.
(b) Deal directly with the oil companies.
(c) Own oil tankers.
(d) Transport the oil.

12. Where did Marc Rich's family settle in the United States?
(a) California.
(b) Oregon.
(c) New York.
(d) Missouri.

13. The author describes in Chapter 1 that metal trading was a shadowy world in which huge amounts of money were traded and, to play in that arena, one had to be "extremely smart, stupid or " what?
(a) A gambler.
(b) Wealthy.
(c) Spontaneous.
(d) Crazy.

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

15. The author writes in Chapter 6 that Rich was well aware that OPEC's demand for ______ would lead to an oil glut that the globe could not handle.
(a) More production.
(b) Money.
(c) Less production.
(d) Trade embargoes.

Short Answer Questions

1. What publicly owned company did Philipp Brothers merge with in Chapter 5?

2. Where was Marc Rich exiled after his legal troubles in the United States?

3. What was being sold, but was in short supply and not physically accessible in Chapter 2?

4. From what college had Marc Rich dropped out?

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

(see the answer keys)

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