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Match the Key Terms to the Descriptions Below

Question 61

Matching

Match the key terms to the descriptions below. Use each description only once.

Premises:
Downsizing
Ivan Boesky
Front-running
Economy
Bernie Madoff
Insider trading
Michael Milken
Pump and dump
Responses:
A technique where the salesman pumps up the stock and then dumps his investment in the stock
Is suggested as being the most dominant institution in the United States
Corporate restructuring entailing lay-offs and firings
Refers to insiders using non-public information to buy or sell stock
Ran a massive investment fraud that is believed to have lost at least $50 billion
This individual was eventually taken down by a salesman defection
Buying stocks ahead of the public
Was involved in arbitrage, which caused the stock market to suffer billion-dollar losses

Correct Answer:

Downsizing
Ivan Boesky
Front-running
Economy
Bernie Madoff
Insider trading
Michael Milken
Pump and dump
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