View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Bank of Volatility.

Multiple Choice Questions

1. Who suspended arbitrage operations in April 1998?
(a) Fidelity Bank and Trust.
(b) Chase.
(c) Salomon.
(d) Goldman Sachs.

2. In 1996, the first bank Long-Term approached regarding credit deemed Long-Term as what?
(a) A great investment.
(b) Greedy.
(c) Too risky.
(d) Brilliant.

3. What did the banks and investors use to estimate Long-Term's assets?
(a) Net worth of investors.
(b) Their exposure.
(c) All of these.
(d) History of investments.

4. What did Rosenfeld and his friend develop?
(a) Energy bars.
(b) A financial museum.
(c) Energy drinks.
(d) Software.

5. In 1994, what market did Long-Term begin to express an interest in?
(a) Local.
(b) International.
(c) Chicago.
(d) Chinese.

Short Answer Questions

1. How long did Long-Term expect their investors to commit?

2. In 1996, how much did Long-Term have in assets?

3. How much did Long-Term plan to take from its profits?

4. What percentage of Americans had no knowledge of Long-Term?

5. What did Long-Term want to do for investors?

(see the answer key)

This section contains 147 words (approx. 1 page at 300 words per page) View a FREE sample