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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. Under what master mover of the precious metals did many of the new recruits work under the tutelage of at Philipp Brothers?
(a) Ali Rezai.
(b) Sam Fishman.
(c) Edmond Mantell.
(d) Pincus Green.

2. 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) Crazy.
(b) Spontaneous.
(c) A gambler.
(d) Wealthy.

3. In what year did the rumor circulate in Chapter 2?
(a) 1986.
(b) 1982.
(c) 1984.
(d) 1980.

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

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

Short Answer Questions

1. When did Marc Rich's family move to the United States?

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

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

4. 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?

5. In what year did Marc Rich marry, according to Chapter 5?

Short Essay Questions

1. What was Marc Rich's school experience like? Where did he attend high school?

2. Where did Mark Rich attend college? When and why did he leave?

3. What was the purpose of the scam and rumor in Chapter 2? Who was responsible for it?

4. Under whom did many of the new recruits at Philipp Brothers work? What was this individual like?

5. Where did Jesselson send Marc Rich in Chapter 5? What did he learn there?

6. What was in great demand in Chapter 2? What were the results?

7. With what company did Philipp Brothers merge in 1960? What was the effect of the merger?

8. What does the author write of the atmosphere at Philipp Brothers when Marc Rich began there? How was the market different from today?

9. What caused a major change in oil prices in Chapter 6? What was Rich's reaction?

10. How many metals were openly traded? Where did others come from?

(see the answer keys)

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