Metal Men: Marc Rich and the 10-billion-dollar Scam Test | Mid-Book Test - Hard

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 Test | Mid-Book Test - Hard

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
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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. The rumor from Chapter 2 began circulating where?

2. What high school did Marc Rich attend?

3. Marc Rich was able to parlay his friendship with the Iranian broker into meaningful associations with whom?

4. With what were the traders who were busted by the FBI in 1981 charged?

5. The author writes in Chapter 5 that Jesselson's tenure at Philipp Brothers was during an era when relationships were forged by trust, not by what?

Short Essay Questions

1. What was Marc Rich's school experience like? Where did he attend high school?

2. Describe the setting of the metals market as described in Chapter 2 following the rumor.

3. With what company did Philipp Brothers merge in 1960? What was the effect of the merger?

4. What caused a major change in oil prices in Chapter 6? What was Rich's reaction?

5. Describe Ludwig Jesselson. How did he work with clients?

6. What was the purpose of the scam and rumor in Chapter 2? Who was responsible for it?

7. How does the author describe the industrial trading world of 1984 in Chapter 1?

8. Why does the author state the Metal Men never lost in Chapter 1?

9. What was in great demand in Chapter 2? What were the results?

10. How was Marc Rich viewed by his contemporaries when he began in the metal industry?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

When did Marc Rich become the managing director of the Madrid offices for Philipp Brothers? What changes did he undergo in this position? What were his relationships with colleagues like?

Essay Topic 2

Describe and discuss the events which led to the downturn in the industry after Rich became managing director of the Madrid offices. What changed about the U.S. dollar during this time? How was the global economy affected?

Essay Topic 3

Describe Marc Rich's wedding. When was he married and to whom? What was remarked about the wedding of Rich?

(see the answer keys)

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