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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. When did Philipp Brothers merge with a publicly owned company, as described in Chapter 5?
(a) 1972.
(b) 1968.
(c) 1970.
(d) 1960.

2. What is the chemical symbol for silver?
(a) Sl.
(b) Ag.
(c) Au.
(d) Si.

3. In what year was there a growing awareness of the creeping power of the Ronald Reagan dollar, which was gaining fiscal strength over European currencies?
(a) 1984.
(b) 1985.
(c) 1980.
(d) 1987.

4. Where was Marc Rich exiled after his legal troubles in the United States?
(a) Spain.
(b) Norway.
(c) Switzerland.
(d) France.

5. What is the name of an oil cartel of twelve developing countries made up of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela?
(a) NATO.
(b) OPEC.
(c) NPCL.
(d) PLCO.

6. What does the author write that investors were not aware that every industry in the world was driven by in Chapter 1?
(a) Greed.
(b) Metal.
(c) Oil.
(d) Politics.

7. What was the European center for the industrial trading market in the 1980s?
(a) London.
(b) Oslo.
(c) Paris.
(d) Rome.

8. What high school did Marc Rich attend?
(a) New York Preparatory School.
(b) Wellesly Preparatory School.
(c) West Point Preparatory School.
(d) Rhodes Preparatory School.

9. Where was Marc Rich born?
(a) London, England.
(b) New York, U.S.
(c) Antwerp, Belgium.
(d) Oslo, Norway.

10. How much money was Marc Rich required to pay per day in fines rather than relinquish corporate records that could land him in jail?
(a) $50,000.
(b) $25,000.
(c) $100,000.
(d) $10,000.

11. What vice did Marc Rich pick up after becoming manager of the Madrid office for Philipp Brothers?
(a) Gambling.
(b) Heroin use.
(c) Drinking.
(d) Smoking.

12. 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) Diamonds.
(c) Silver and gold.
(d) Magnesium and silver.

13. Where was the Vice President of the United States in Chapter 2?
(a) Great Britain.
(b) Israel.
(c) Russia.
(d) France.

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

15. What were the personalities of the traders related to in Chapter 1?
(a) Cowboys.
(b) Anarchists.
(c) Terrorists.
(d) Rogues.

Short Answer Questions

1. Where did Marc Rich attend college?

2. In what year does the author write in Chapter 6 that oil prices began to dictate market value?

3. Where did Philipp Brothers establish a firm it was miraculously able to keep alive during World War I?

4. Within seven short years in trading, how much money had Marc Rich established in his personal empire?

5. When was Philipp Brothers founded?

(see the answer keys)

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