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This quiz consists of 5 multiple choice and 5 short answer questions through Part 3 Chapter 31 Tombstones.

Multiple Choice Questions

1. In 1977 what company does Kennecott Copper buy?
(a) Carborundum.
(b) Olinkraft.
(c) Johns-Manville.
(d) Twentieth Century Fox.

2. By the mid 1960s how much money does Morgan manage in trust assets?
(a) $50 million.
(b) $15 billion.
(c) $1 billion.
(d) $15 million.

3. What political office does Dwight Morrow run for and win?
(a) Controller.
(b) Assemblyman.
(c) Senator.
(d) Congressman.

4. How long does the Justice Department antitrust case against Morgan Stanley last?
(a) Over six years.
(b) Five years.
(c) Over ten years.
(d) Two years.

5. What do Wall Street banks use as a form of finance during this period?
(a) Foreign currency.
(b) Compensating balances.
(c) Bonds.
(d) Securities.

Short Answer Questions

1. How much capital does Morgan Stanley have?

2. Who was Ferdinand Pecora?

3. Where does Jack buy a tavern?

4. Morgan management disagrees with the Truman administration over what issue?

5. In the 1920s the economic boom basically occurred in what economic or financial sector?

(see the answer key)

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