Metal Men: Marc Rich and the 10-billion-dollar Scam Test | Final 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 | Final 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
Name: _________________________ Period: ___________________

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

Short Answer Questions

1. How did Robbie Lichtenstern die?

2. Who was never comfortable with oil trade because it was a segment of the market that was controlled by forces outside of Philipp Brothers?

3. Arab members of OPEC alarmed the world when they used the "oil weapon" during the Yom Kippur War by implementing oil embargoes and initiating an oil crisis in what year?

4. In Chapter 11, Marc Rich offered Third World countries support in developing what fledgling industries?

5. The author writes in Chapter 7 that Rich was well aware that the executives where had no idea what went into making these huge oil deals?

Short Essay Questions

1. What was the principle hiring standard that Marc Rich had at his firm?

2. How were the young traders at Marc Rich's firm described?

3. What was Rich's plan for "The Mutiny" in Chapter 6? How did it play out?

4. Where did Rich turn for more oil in the 1970s? How great did his oil empire become?

5. When did Marc Rich begin daisy chaining with his company in Chapter 15? Who assisted him?

6. What deal did Marc Rich make through Ali Rezai in Chapter 8? What price did Rich pay for the deal?

7. What happened to Robbie Lichtenstern in Chapter 14? How did he die?

8. What offices were invaded at gunpoint in Chapter 10? Why?

9. Where were Rich's offices in Chapter 8? How were they described?

10. How was Marc Rich's new office described in Chapter 12? How did Rich treat his employees there?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

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 2

How did A. Craig Copetas research Metal Men: Marc Rich and the 10-billion-dollar Scam? Were Marc Rich or other traders interviewed?

Essay Topic 3

Describe the merger between Mineral & Chemicals Philipp Brothers and Engelhard Industries. When did this merger take place? What did each company hope to gain from the merger?

(see the answer keys)

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