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