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This quiz consists of 5 multiple choice and 5 short answer questions through The Salomon Diet.

Multiple Choice Questions

1. What floor at Salomon brothers is said to have low ceilings, no windows, and the charm of an engine room?
(a) The forty-first floor.
(b) The fortieth floor.
(c) The ground floor.
(d) The thirty-seventh floor.

2. Massey is not looking for curious minds among trainees, he is looking for _____.
(a) Cult followers.
(b) Cookie-cutter versions of himself.
(c) Bulls.
(d) Obsequious coffee-getters.

3. What is the nickname of Horowitz?
(a) Papa Horowitz.
(b) The Jackknife.
(c) The hatchet man.
(d) Uncle Dale.

4. Wall Street has a river at one end and a ______ at the other.
(a) Graveyard.
(b) Cesspool.
(c) Train station.
(d) Pot of gold.

5. To create a CMO, hundreds of millions of dollars in ordinary mortgage bonds are placed in a _____.
(a) Pension fund.
(b) Certificate of Deposit.
(c) Retirement account.
(d) Trust.

Short Answer Questions

1. One of the major incentives that legislators create to encourage the borrowing of money is the _____ of mortgage payments.

2. Drexel Burnham runs an ad in the Wall Street journal showing two men _____.

3. On Wall Street, there is no theoretical basis for pricing a homeowner's option to _____ his loan.

4. Jim Massey is considered Gutfreund's _____.

5. What is the name of an interview technique designed to test an applicant's nerve?

(see the answer key)

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