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

Multiple Choice Questions

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

2. 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) Paranoid.
(b) Adulterous.
(c) Sadistic.
(d) Hateful.

3. What distant cousin of the Philipp Brothers was dispatched to help run the U.S. offices?
(a) Marc Rich.
(b) Pincus Green.
(c) Edmond Mantell.
(d) Ludwig Jesselson.

4. The author writes in Chapter 5 that being advanced at trading merely required the ability to tame the furies of what?
(a) The dynamic markets.
(b) Federal marshals.
(c) Bank loan executives.
(d) Customers.

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

6. In what year did Marc Rich begin his career as a metal man?
(a) 1960.
(b) 1950.
(c) 1954.
(d) 1958.

7. What was the name of Marc Rich's father?
(a) David Rich.
(b) Chaim Reich.
(c) Abraham Rich.
(d) David Reich.

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

9. What is the chemical number for nickel?
(a) 16.
(b) 29.
(c) 28.
(d) 14.

10. The scam which drove the rumor in Chapter 2 was intended to raise the prices of what?
(a) Silver and gold.
(b) Gold and the U.S. dollar.
(c) Magnesium and silver.
(d) Diamonds.

11. In what year did Marc Rich marry, according to Chapter 5?
(a) 1977.
(b) 1962.
(c) 1966.
(d) 1970.

12. What individual in Chapter 2 was also known as Dapper Dan?
(a) David Duncan.
(b) James Lee.
(c) Andrew Warner.
(d) Doug Lee.

13. The price of silver rose how many cents an ounce following the rumor in Chapter 2?
(a) 40.
(b) 10.
(c) 30.
(d) 20.

14. What were the personalities of the traders related to in Chapter 1?
(a) Rogues.
(b) Cowboys.
(c) Terrorists.
(d) Anarchists.

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) Trade embargoes.
(b) More production.
(c) Less production.
(d) Money.

Short Answer Questions

1. The author writes that in the geographical location of Europe, one could buy a metal for one dollar from a Far Eastern customer and sell it for how much to a North American customer before the day ended?

2. Dapper Dan was the managing director of what company described in Chapter 2?

3. Who had recently taken power in Cuba when Rich began making business contacts there?

4. When did Philipp Brothers merge with a publicly owned company, as described in Chapter 5?

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

(see the answer keys)

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