The meltdown 'quiz' - Straight from the Hip by J Mulraj
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Investing in India - Straight from the Hip by J Mulraj
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10 OCTOBER 2008

Analyst final exam question paper.

  1. What is the most used 4-letter word in the financial world?
    A. F***
    B. Fuld

  2. What does A.I.G. stand for?
    A. American Insurance Group
    B. All Is Gone

  3. What does 'bailout' refer to?
    A. Paulson's rescue plan
    B. Golden parachutes for top executives

  4. What is the Federal Reserve?
    A. The US monetary authority
    B. Patience shown by US government towards financial firms

  5. When a cheque is returned with the comment 'insufficient balance,' whom does it refer to?
    A. The issuer of the cheque
    B. The Bank

  6. What is WMD?
    A. Weapons of Mass Destruction
    B. Washington Mutual Deposit

  7. What are fairy tales in the financial world known as?
    A. Aesop's fables
    B. ESOPs fables

  8. Financial institutions follow a convention of SFP. What does SFP stand for?
    A. Safe financial policy
    B. Structured Financial Products

  9. What is Goldman Sachs?
    A. An American investment bank
    B. What the investment bank is now doing

All those who answered A, are required to sit for a re-exam

All those who answered B, are given jobs with sovereign wealth funds

J Mulraj is a stock market columnist and observer of long standing. His weekly column on stock markets has run for over 27 years. An MBA from IIM Calcutta, he has been a member of the BSE. He is Conference Head - India, for Euromoney. A keen observer of events and trends, he writes in a lucid yet readable style and takes up issues on behalf of the individual investor. Nothing pleases him more than a reader who confesses having no interest in stock markets yet being a reader of his columns. His other interests include reading, both fiction and non-fiction, bridge, snooker and chess.

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