Liar's Poker: Rising Through the Wreckage on Wall Street Test | Final Test - Medium

Michael Lewis (author)
This set of Lesson Plans consists of approximately 116 pages of tests, essay questions, lessons, and other teaching materials.
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Liar's Poker: Rising Through the Wreckage on Wall Street Test | Final Test - Medium

Michael Lewis (author)
This set of Lesson Plans consists of approximately 116 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Liar's Poker: Rising Through the Wreckage on Wall Street Lesson Plans
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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. Ranieri describes Tom Strauss as _____.
(a) A rabid dog.
(b) A snake.
(c) A clown.
(d) A boob.

2. Ranieri says Bill Voute always has a _____.
(a) Need to pick at people.
(b) Sportscar image.
(c) Biting wit.
(d) Political agenda.

3. What is the primary aspect of business that always matters most at Salomon Brothers?
(a) Revenue.
(b) Loyalty.
(c) Market advantage.
(d) Profit.

4. Lewis characterizes the sprinting rabbit statue at the new London office as a _____.
(a) Non sequitur.
(b) Caveat emptor.
(c) Reminder to work hard.
(d) Frivolous trinket.

5. What ritual of the London office is fairly renowned in New York?
(a) Two-hour lunches.
(b) Going to France on the weekends.
(c) Working late hours.
(d) Wine at work.

Short Answer Questions

1. The author and Alexander orchestrate the a second security after "the opportunist" steals credit for the first involving the interest rate of which country?

2. What is another name for an individual home loan?

3. According to the author, what is a symbol of Britain's long economic decline?

4. What book does Conni Bruck write?

5. What author does the author recommend to his Prussian colleagues?

Short Essay Questions

1. As the author gains more experience working in London, what does he think interests European traders that differs from American traders?

2. What are some of the bad habits mortgage traders have developed regarding the use of the Salomon Brothers expense account?

3. Why does one trader think that Mark Smith is not a Trojan Horse like some of the other traders believe?

4. What is drifting away from Salomon Brothers and toward Drexel Burnham in 1987? Why?

5. Despite the upheaval in the mortgage market, what is the initial objection that remains valid as the mortgage market evolves?

6. What is a tombstone and how does it apply to the German interest warrant created by the author and Alexander?

7. What are the two kinds of friction at Salomon Brothers?

8. When is the best time to sell short?

9. Do bosses at Salomon Brothers think badly of employees who are not at their telephones all the time? Why or why not?

10. How is Howie Rubin thought of at Salomon Brothers? Why?

(see the answer keys)

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