View a FREE sample

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

Multiple Choice Questions

1. How much is the loan that Morgan Grenfell makes to Abu Dhabi?
(a) $100 million.
(b) $500 million.
(c) $250 million.
(d) $200 million.

2. Which Morgan partner leads Morgan Stanley to change?
(a) Lewis Bernard.
(b) Robert Baldwin.
(c) Tommy Lamont.
(d) Harry Morgan.

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

4. In the mid 1970s how much of the profits for JP Morgan and Company are coming from abroad?
(a) 10%
(b) 25%
(c) 75%
(d) 50%

5. When does Morgan Grenfell go public?
(a) 1984.
(b) 1982.
(c) 1986.
(d) 1988.

6. Morgan Guaranty pioneers in what new financial instrument market?
(a) Certificates of deposits.
(b) Municipal securities.
(c) Treasury securities.
(d) Fed Funds.

7. London Morgan Guaranty Limited is renamed to what?
(a) JP Morgan and Company.
(b) JP Morgan Securities.
(c) Morgan Grenfell.
(d) Morgan Stanley.

8. What new business does JP Morgan enter into as a corporation that it could not do as a partnership?
(a) Trust business.
(b) Home loans.
(c) Securities.
(d) Bonds.

9. When does the royal family make a trip to the United States?
(a) June 1939.
(b) September 1938.
(c) March 1938.
(d) September 1939.

10. Why can't Morgan Grenfell enter the US market?
(a) Because of its relationship with Morgan Stanley.
(b) Because of the Takeover Panel rules.
(c) Because of the Bank of England prohibitions.
(d) Because of the Glass Steagall Act.

11. When People Express runs into trouble, what airline does it merge with?
(a) Northwest.
(b) Frontier.
(c) Continental.
(d) Texas Air.

12. Who joins with Morgan to make two loans of $225 million to France?
(a) Chase.
(b) Drexel.
(c) No one.
(d) Bank of America.

13. How long does Morgan Stanley suspend its practice of programmed trades on an international basis after the crash in 1987?
(a) 6 months.
(b) 1 month.
(c) 1 year.
(d) 9 months.

14. How much did Tony Gebauer embezzle?
(a) Over $8 milliion.
(b) Over $10 million.
(c) Over $6 million.
(d) Over $1 million.

15. When does the US enter the war?
(a) March 1941.
(b) August 1941.
(c) December 1941.
(d) December 1940.

Short Answer Questions

1. Who is Stephen Sui-Kwan Wang, Jr?

2. What newspaper breaks the story about Morgan Stanley's involvement in the Olinkraft buyout?

3. Who is the only Guaranty Trust person to have a top position in the new Morgan Guaranty?

4. Who becomes president of the new JP Morgan corporation?

5. In the mid eighties how much is the Euromarket worth?

(see the answer keys)

This section contains 377 words (approx. 2 pages at 300 words per page) View a FREE sample