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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. 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?

2. The oil-producing nations were ____ to unload their gluts of oil on Rich, according to the author in Chapter 7.

3. Marc Rich and Pincus Green were wanted by the U.S. government on how many count indictments at the end of Chapter 15?

4. How much money did one of Marc Rich's employees embezzle in Chapter 12?

5. The town where Rich and Pinky set up their headquarters allowed individuals to conduct business by doing what?

Short Essay Questions

1. Who was found murdered in Chapter 13? What was speculated as the cause of the murder?

2. What happened with many traders once the Ayatollah Khomeini took over government control in Iran? How did Marc Rich react?

3. When and why did Marc Rich purchase 20th Century Fox?

4. What impact did OPEC have on the oil trade in Chapter 7? How did this affect Rich's dealings?

5. What did Rich register his company as in Chapter 8? Where did he operate?

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

7. How did Rich feel about the reaction of the Board to his dealings with Iran in Chapter 6?

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

9. What did the Board do when they learned of Rich's dealings with Iran? What deal had Rich made?

10. Where did Marc Rich establish his own business in Chapter 8? Why did he choose this locale?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Describe the indictments and charges against Marc Rich and Pincus Green. Who led the prosecution team against Rich? How much money was recovered for the U.S. government? Where are Rich and Green today?

Essay Topic 2

Describe Pincus "Pinky" Green. How did Green and Rich meet? What was their relationship like? In what capacity was Green involved in Marc Rich's company?

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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