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This quiz consists of 5 multiple choice and 5 short answer questions through Dear Investors.

Multiple Choice Questions

1. What were popular pools in 1993?
(a) Green energy.
(b) Oil.
(c) Electricity.
(d) Mortgage.

2. What unusual event happened when Meriwether began working with Treasury futures?
(a) He lost millions.
(b) The U.S. government collapsed.
(c) The price fell.
(d) The price rose.

3. What notable company went bankrupt in the 1970's?
(a) Penn Weapons Industry.
(b) Penn Coal.
(c) Penn North Distillery.
(d) Penn Central Railroad.

4. What did Long-Term do with off-the-run bonds?
(a) Avoid them.
(b) Unload them quickly.
(c) Hold them for profit.
(d) Loan them to other firms.

5. Where was David W. Mullins working when Meriwether hired him?
(a) Federal Reserve.
(b) The United Nations.
(c) Yale School of Finance.
(d) Salomon Brothers.

Short Answer Questions

1. How much did the accounts for investors increase in 1994?

2. What was J.F. Eckstein & Co. primarily working on in 1979?

3. During the time period in "Hedge Fund", how many people were millionaires due to the stock market?

4. Who did most funds have to be registered with?

5. Where was the London office for Long-Term located?

(see the answer key)

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