![]()
A) Barron's B) The New York Times C) The Wall Street Journal D) Financial Times
A) Dow Jones Industrial Average B) Standard & Poors 500-stock index C) NASDAQ Composite D) Russell 2000 Index
A) 18.0% B) 16.3% C) 20.0% D) 12.5%
A) Short selling and high-yield debt B) Mutual funds and commodities C) Convertible bonds and real estate D) Futures and options
A) Foreign currency exchange and crypto B) High-frequency trading and leverage C) Real estate investments and dividends D) Stock-picking and market timing
A) A straddle B) An iron condor C) A butterfly spread D) A collar
A) 100-110 B) 50-60 C) 10-15 D) 30-35
A) Increase the rate of return B) Decrease overall liquidity C) Limit the portfolio's downside D) Eliminate all market risk
A) High-yield bond dividends B) Client withdrawal fees C) Sales of the 'calls' D) Federal government subsidies
A) Zuckoff and Ponzi B) Picard and Sheehan C) Avellino and Bienes D) Standard and Poor
A) Convertible arbitrage positions in large-cap stocks B) Emerging market sovereign debt C) Residential real estate mortgages D) Cryptocurrency mining operations
A) 18% to 20% B) 25% to 30% C) 10% to 12% D) 5% to 8%
A) 1982 B) 2000 C) 1972 D) 1992
A) Foreign currencies B) Futures C) Real estate trusts D) Individual blue-chip stocks
A) Find the physical office location B) Locate his brokerage clients C) Contact his primary bank D) Replicate past returns using historic price data
A) They resulted from high-frequency algorithmic trading B) They were generated by foreign currency speculation C) They came from illegal insider trading in tech stocks D) They were due to front running his firm's brokerage clients
A) A federal bankruptcy judge B) A professor of journalism at Boston University C) A principal investigator for the trustee D) A Wall Street Journal reporter
A) Bernard Madoff B) David Sheehan C) Mitchell Zuckoff D) Irving Picard
A) The Charity Protection Mandate B) The Endowment Liquidity Statute C) The 5% payout rule D) The Foundation Security Act
A) $10 million B) $50 million C) $250 million D) $100 million
A) 5 years B) 50 years C) 20 years D) 10 years
A) Charities never requested financial statements B) He could avoid the threat of sudden or unexpected withdrawals C) Charities were exempt from federal tax audits D) Charities were legally required to reinvest all profits with him
A) The 1970s B) 2008 C) The late 1980s D) The early 1990s
A) They were earned through international real estate B) They came entirely from legitimate stock dividends C) They had been fabricated D) They were generated by treasury bonds
A) A founding partner of Avellino and Bienes B) Financial journalist for Barron's C) Author of Ponzi's Scheme D) Principal investigator for trustee Irving Picard
A) It became a fraud only after the 1987 crash B) It had been a fraud from the start C) It was completely legitimate until 2008 D) It was originally a real estate firm
A) Irving Picard B) Mitchell Zuckoff C) The Wall Street Journal D) Bernard Madoff
A) It was very real and handled large trades for institutional investors B) It was entirely nonexistent on paper C) It was owned and operated by the federal government D) It only operated online through automated servers
A) Institutional investors B) Foreign central banks C) Retail day traders D) Individual retirement account holders
A) Mid 1992 B) Early 2000 C) Late 2008 D) Late 2001
A) Chief Compliance Officer B) Senior Managing Director C) Rules and Compliance Officer D) Chairman
A) Pyramid scheme B) Ponzi scheme C) Pump and dump scheme D) Bank fraud scheme
A) 1960 B) 1970 C) 1992 D) 1980
A) Peter Madoff B) Andrew Madoff C) Saul Alpern D) Mark Madoff
A) Sister B) Wife C) Daughter D) Mother
A) Madoff's sons B) Peter Madoff C) Harry Markopolos D) Randall Smith
A) December 11, 2008 B) December 31, 2008 C) June 29, 2009 D) March 12, 2009
A) 20 B) 5 C) 50 D) 11
A) $64.8 billion B) $50 billion C) $35 billion D) $170 billion
A) 2018 B) 2021 C) 2015 D) 2009
A) $35 billion B) $50 billion C) $64.8 billion D) $170 billion
A) Harry Markopolos B) Randall Smith C) Saul Alpern D) Charles Weiner
A) 1999 B) 1980 C) 1970 D) 2008
A) Second-largest B) Tenth-largest C) Sixth-largest D) Largest
A) The Rockefeller Foundation B) The Ford Foundation C) The Bill and Melinda Gates Foundation D) The Picower Foundation
A) Charles Weiner B) Saul Alpern C) Ruth Alpern D) Shana Madoff
A) Sprinkler installer B) Stockbroker C) Accountant D) Lifeguard
A) New York Stock Exchange floor B) National Quotation Bureau's Pink Sheets C) Nasdaq computer terminals D) The Lipstick Building
A) Charles Weiner B) Saul Alpern C) Harry Markopolos D) Randall Smith
A) Nephew B) Father-in-law C) Brother D) Son
A) Peter Madoff B) Andrew Madoff C) Mark Madoff D) Charles Weiner
A) 1960 B) 2001 C) 1992 D) 2008
A) The Chrysler Building B) The Empire State Building C) The Lipstick Building D) The World Trade Center
A) 10th floor B) 1st floor C) 17th floor D) 50th floor
A) Fewer than 24 B) 28 C) 4,800 D) 100
A) 4,800 B) 50 C) 28 D) Fewer than 24
A) Public advertisements on television B) Cold calls from Madoff himself C) Word-of-mouth referral D) Random selection from a lottery
A) Apparent humility B) Cold and distant C) Aggressive and intimidating D) Arrogant and boastful
A) J. Ezra Merkin B) An unnamed investor C) Union Bancaire Privée D) Diana Henriques
A) 20% B) 5% C) 10% D) 35%
A) Positive 10.5% B) Zero percent C) Positive 5.6% D) Negative 38%
A) Pressured and exploited B) Safe C) Anxious and hurried D) Wealthy and invincible
A) Bond Regulatory Association B) Securities and Exchange Commission C) National Investment Association D) Securities Industry Association
A) Two terms B) One term C) Four terms D) Three terms
A) $56,000 B) $10,000 C) $100,000 D) $560,000
A) February 2006 B) March 2004 C) April 2003 D) December 2006
A) Shana Madoff B) Eric Swanson C) John Nee D) Genevievette Walker-Lightfoot
A) SIFMA compliance events B) A Ponzi scheme complaint C) An unrelated matter D) Peter Madoff's regulatory requests
A) Peter Madoff B) Genevievette Walker-Lightfoot C) Shana Madoff D) John Nee
A) December 2006 B) April 2003 C) April 2006 D) September 2006
A) 15 September 2006 B) February 2006 C) December 2008 D) December 8, 2006
A) 2007 B) 2003 C) 2006 D) 2008 |