1. Where did Meriwether work in 1979?
Salomon Brothers.
2. What did a dealer from J.F. Eckstein & Co. want from Meriwether in 1979?
Help.
3. What was J.F. Eckstein & Co. primarily working on in 1979?
Treasury Bill futures.
4. What unusual event happened when Meriwether began working with Treasury futures?
The price rose.
5. When Meriwether increased his position in Treasury futures, what did he expect the market to do?
Perform typically.
6. In order for Meriwether's Treasury futures investment to work, what did he need market prices to do?
Converge.
7. What happened to Meriwether's Treasury bill deal before it was resolved?
Big losses.
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