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This quiz consists of 5 multiple choice and 5 short answer questions through The Human Factor.

Multiple Choice Questions

1. What type of government paper was bought in Italy?
(a) Floating rate.
(b) Fluctuating rate.
(c) Deeds to monuments.
(d) Italian money.

2. What was Long-Term's signature trade?
(a) The "shining cat".
(b) The "small build".
(c) The "equity vol".
(d) The "mort up".

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

4. Where was the London office for Long-Term located?
(a) Buckingham Palace.
(b) Winchester.
(c) Picadilly Square.
(d) Mayfair.

5. In 1996, Long-Term was four times as large as what?
(a) The Mexican Treasury.
(b) The largest hedge fund.
(c) The U.S. Treasury.
(d) A small European country.

Short Answer Questions

1. What word did people often use to describe Long-Term?

2. In 1998, what type of contracts did Long-Term make with private entities?

3. In 1998, what act led Long-Term to a fall?

4. What factor was forcing those with hedge funds to sell?

5. Meriwether was threatened with what, if his Treasury bill deal did not pan out?

(see the answer key)

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