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This quiz consists of 5 multiple choice and 5 short answer questions through The Human Factor.

Multiple Choice Questions

1. What were popular pools in 1993?
(a) Mortgage.
(b) Oil.
(c) Electricity.
(d) Green energy.

2. Where were Italian bonds sold by Long-Term?
(a) Under the table.
(b) Swaps.
(c) Cayman Islands.
(d) Directly to investors.

3. In 1994, what market did Long-Term begin to express an interest in?
(a) Local.
(b) Chinese.
(c) International.
(d) Chicago.

4. In the mid-1990's, what was the ratio of leverage on Wall Street?
(a) 25-1.
(b) 45-1.
(c) 10-1.
(d) 100-1.

5. In 1997, who awarded Long-Term the loan warrant it had requested?
(a) Bank of America.
(b) The Cayman Islands Commons.
(c) Union Bank of Switzerland.
(d) Chase.

Short Answer Questions

1. Who threatened to stop clearing the trades at Long-Term if their fund fell below a particular amunt?

2. In 1994, why did the yield raise on the thirty year Treasury bond?

3. What did Long-Term do with off-the-run bonds?

4. What put pressure on the currency in Brazil?

5. What did Long-Term risk losing if they allowed their assets to fall below five hundred million dollars?

(see the answer key)

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