Financial Disasters

The world is in a global financial meltdown. Some are predicting an economic armageddon. How much do you know about recent financial scandals and disasters?

Test your knowledge. Your results will be scored to determine your ranking from monk to financial kingpin. Knowledge of financial mathematics is not required.

What is your age?
Under 18 Years Old
18 to 24 Years Old
25 to 30 Years Old
31 to 40 Years Old
41 to 50 Years Old
51 to 60 Years Old
Over 60 Years Old
What is your gender?
Male
Female
1. Name of hedge fund which employed two Nobel Prize winning economists and which went spectacularly bust in 1998.
Fortess Investment Group
Long Term Capital Management
Man Group
Bridgewater Associates
2. Barings Bank employee whose rogue trades bankrupted the 233 year old bank
Nick Leeson
Myron Scholes
Vinny Mattone
Simon Weil
3. Amount for which Barings Bank was sold after it went bust
1 pence
1 pound
100 pounds
10,000 pounds
4. Sub prime loans are
Special loans to preferred clients
Loans to high credit risk clients
Loans at an interest rate higher than the law permits
"Loans" that don't need to be repaid ( bribes)
5. Which of the following was BCCI (Bank of Credit and Commerce International) NOT guilty of?
Illegal sales of nuclear weapons technology
Drug money laundering
Secretly buying several major U.S. banks
Sub prime mortgage loans
6. Which of the following was BCCI NOT guilty of
Contributing to charities of Jimmy Carter
Banker for Panama dictator Noriega
Overthrowing the government of Bolivia
Funneling money for the CIA
7. Bernard Madoff is accused of defrauding investors of how much money?
50 million dollars
500 million dollars
5 billion dollars
50 billion dollars
8. Lehman Brothers declared bankruptcy in which year
2005
2006
2007
2008
9. Enron was guilty of
Deliberate accounting fraud
Ponzi scheme
Drug laundering
Arms smuggling
10. A Ponzi scheme is
High risk stock market speculation
A form of financial derivative
Tax evasion
Paying off old investors with money from new investors

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