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This quiz consists of 5 multiple choice and 5 short answer questions through At the Fed.

Multiple Choice Questions

1. To create a paired-share, what is common stock partnered with?
(a) Bond deals.
(b) Private stock.
(c) Shorted stocks.
(d) Preferred stock.

2. How much did the accounts for investors increase in 1994?
(a) 5%.
(b) 50%.
(c) 10%.
(d) 20%.

3. Who ran the London office for Long-Term?
(a) Buffet.
(b) Haghani.
(c) Meriwether.
(d) Mullins.

4. Once the financial market in Russia collapsed, what did people stop trading?
(a) Bonds.
(b) Stocks.
(c) Corn.
(d) Commodities.

5. Who became the temporary CEO of Meriwether's group when scandal hit?
(a) Warren Buffet.
(b) Paul Mozer.
(c) John Meriwether.
(d) J.F. Salomon.

Short Answer Questions

1. What type of funds gained popularity in the 1990's?

2. If the Long-Term fund failed, what would counter parties have to do?

3. Where did Meriwether work in 1979?

4. What group did Meriwether found in 1977?

5. In 1996, Long-Term was two and a half times larger than what company?

(see the answer key)

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