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This quiz consists of 5 multiple choice and 5 short answer questions through When Bad Things Happen to Rich People.

Multiple Choice Questions

1. Liar's Poker has a lot in common with what aspect of Wall Street business?
(a) Commodities trading.
(b) Bond trading.
(c) Currency trading.
(d) Stock trading.

2. For the author, the stigma of getting a job through connections is worse than the stigma of ______.
(a) Unemployment.
(b) Getting a PhD.
(c) Waiting tables.
(d) Starting at the bottom.

3. The Japanese in the training program are considered _____.
(a) Highly alert.
(b) A ruthless cult.
(c) Expendable.
(d) A protected species.

4. According to one mortgage trader, it is an accepted fact that mortgage traders have _____.
(a) No consciences.
(b) Fishy eyes.
(c) Iron balls.
(d) Death wishes.

5. Howie Rubin is picked up by which company when he is fired from Merrill Lynch?
(a) Drexel Burnham.
(b) Bear Stearns.
(c) Shearson Lehman.
(d) Salomon Brothers.

Short Answer Questions

1. Who writes the book, On War?

2. Ronald O. Perelman is a hostile trader who took over which cosmetics company?

3. Lewis sees John Meriwether as successful because he has the uncanny ability to do what?

4. Mike Milkin of Drexel Burnham is the guru of _____.

5. The trainee who finally asks a question at Massey's training session wonders if Salomon Brothers will open an office in what city?

(see the answer key)

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