Metal Men: Marc Rich and the 10-billion-dollar Scam Quiz | Eight Week Quiz E

A. Craig Copetas
This set of Lesson Plans consists of approximately 128 pages of tests, essay questions, lessons, and other teaching materials.

Metal Men: Marc Rich and the 10-billion-dollar Scam Quiz | Eight Week Quiz E

A. Craig Copetas
This set of Lesson Plans consists of approximately 128 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Metal Men: Marc Rich and the 10-billion-dollar Scam Lesson Plans
Name: _________________________ Period: ___________________

This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 10 and 11.

Multiple Choice Questions

1. The scam which drove the rumor in Chapter 2 was intended to raise the prices of what?
(a) Gold and the U.S. dollar.
(b) Silver and gold.
(c) Magnesium and silver.
(d) Diamonds.

2. Marc Rich wanted to do what before leaving Philipp Brothers in Chapter 7?
(a) Take Pinky's job.
(b) Take Jesselson's job.
(c) Cause major damage.
(d) Get a million dollar bonus.

3. What individual in Chapter 2 was also known as Dapper Dan?
(a) Andrew Warner.
(b) Doug Lee.
(c) James Lee.
(d) David Duncan.

4. What company was Marc Rich convinced to purchase as a tax shelter in Chapter 11?
(a) 20th Century Fox.
(b) CNN Corporation.
(c) Lions Gate Entertainment.
(d) MGM.

5. The author writes in Chapter 6 that Rich was well aware that OPEC's demand for ______ would lead to an oil glut that the globe could not handle.
(a) More production.
(b) Less production.
(c) Trade embargoes.
(d) Money.

Short Answer Questions

1. What happened to the U.S. dollar in trading following the rumor's circulation in Chapter 2?

2. The author writes in Chapter 9 that if Iranian oil was selling for $20 a barrel, Rich could get it for how much?

3. What vice did Marc Rich pick up after becoming manager of the Madrid office for Philipp Brothers?

4. In what years did Marc Rich make the greatest profits in oil as this was its peak in American demand in Chapter 9?

5. What was the greatest problem facing Philipp Brothers and their trading of oil?

(see the answer key)

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