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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. What was the greatest problem facing Philipp Brothers and their trading of oil?

2. Who was very concerned with the risks that Rich was taking with oil trading in Chapter 7?

3. How many top traders left with Rich and Pinky who had begun their own business in Chapter 7?

4. In Chapter 7, Rich and Pinky began to plot what would later be referred to as what?

5. What was one of the main third-world nations that Marc Rich targeted for oil in Chapter 9?

Short Essay Questions

1. What happened with many traders once the Ayatollah Khomeini took over government control in Iran? How did Marc Rich react?

2. How was Marc Rich's new office described in Chapter 12? How did Rich treat his employees there?

3. What did Rich decide to invest in for Philipp Brothers in Chapter 6? What was the Board's reaction?

4. How had the Arab oil embargo affected the oil trade in Chapter 15? What illegal activity arose during this time?

5. What happened to Mark Rich's reputation once it became known he had purchased 20th Century Fox?

6. What impact did OPEC have on the oil trade in Chapter 7? How did this affect Rich's dealings?

7. What was the reaction of the New York offices following the gunpoint incident in Chapter 10? How was Rich connected to the affair?

8. What happened to Robbie Lichtenstern in Chapter 14? How did he die?

9. What two employees was Marc Rich greatly disappointed by in Chapter 12? What had each done?

10. What deal did Marc Rich make through Ali Rezai in Chapter 8? What price did Rich pay for the deal?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Describe the early childhood of Marc Rich. Where was he born? What was his family like? When did the family move to the United States and why?

Essay Topic 2

What rumor circulated the trading industry in 1984? What effect did it have on the global economy? Who was responsible for originating the rumor?

Essay Topic 3

Describe the effects of the merger between Philipp Brothers and the publicly owned Minerals & Chemicals Corporation. What was the effect of evolving into a publicly owned company?

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