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

Multiple Choice Questions

1. How much money was Marc Rich required to pay per day in fines rather than relinquish corporate records that could land him in jail?
(a) $25,000.
(b) $10,000.
(c) $100,000.
(d) $50,000.

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

3. Who had recently taken power in Cuba when Rich began making business contacts there?
(a) Mirta Díaz Balart.
(b) Raul Castro.
(c) Fulgencio Batista.
(d) Fidel Castro.

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

5. What term does the author use in Chapter 5 to refer to young traders like Marc Rich who were trained in-house and considered the leaders of tomorrow?
(a) Philipp Sons.
(b) Heavy Metal Men.
(c) Jesselsonlings.
(d) Lehrlings.

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

7. The rumor from Chapter 2 began circulating where?
(a) Paris.
(b) London.
(c) New York.
(d) Oslo.

8. Who among Marc Rich's contemporaries at Philipp Brothers took to the young trader?
(a) Fishman.
(b) Jesselson.
(c) Rothchild.
(d) Newman.

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

10. What is the name of the Iranian broker with whom Rich fostered a long-term relationship?
(a) Alireza Rezae.
(b) Marvin Davis.
(c) Mohammad Mehdi Rezai.
(d) Ali Rezai.

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

12. How much money did Marc Rich earn per week when he started working at Philipp Brothers?
(a) $60.
(b) $100.
(c) $500.
(d) $200.

13. In what year was there a growing awareness of the creeping power of the Ronald Reagan dollar, which was gaining fiscal strength over European currencies?
(a) 1984.
(b) 1987.
(c) 1985.
(d) 1980.

14. What happened to trading following the circulation of the rumor in Chapter 2?
(a) Trading dropped steadily.
(b) Trading dropped dramatically.
(c) Trading escalated dramatically.
(d) Trading stood still.

15. With what were the traders who were busted by the FBI in 1981 charged?
(a) Money laundering and embezzlement.
(b) Money laundering and grand larceny.
(c) Fraud and grand larceny.
(d) Fraud and embezzlement.

Short Answer Questions

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

2. What happened with Philipp Brothers' profits after their merger in Chapter 5?

3. Where did Philipp Brothers establish a firm it was miraculously able to keep alive during World War I?

4. In Chapter 2, a rumor circulated that who had succumbed to a cerebral hemorrhage?

5. The author writes in Chapter 6 that solid relationships with what were essential in the trading world?

(see the answer keys)

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