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100

When was the largest one-day stock market decline in history? (full date, year or name all acceptable)

Black Monday
October 19, 1987
DJIA dropped 22.6%

100

Eduardo Saverin, co-founder of Facebook, renounced his U.S. citizenship before the Facebook IPO to allegedly avoid paying taxes to Uncle Sam. To what island country did Mr. Saverin move?

Singapore

100

What does EBITDA stand for?

Earnings before interest, taxes, depreciation, and amortization

100

What poker term refers to a large, high-performing company that is considered a relatively safe investment?

"Blue chip"

200

What is the largest public company bankruptcy filing in U.S. history?

Lehman Brothers ($691bn USD, 2008)

200

Who is Masayoshi Son?

Chairman & CEO of SoftBank, Japanese telecom giant

200

What is the alphanumeric economic term that represents the money supply composed of physical currency and checkable deposits that is generally considers the most liquid portions of the money supply?

M1

200

Translating from Latin to "it shall be" or "let it be done,” what type of money is a government-issued currency not backed by a physical commodity?

Fiat

300

The Industrial and Commercial Bank of China (ICBC) was founded in 1984 and has been the world’s largest bank by total assets since 2012. Where did ICBC open its first overseas branch in 1993?

Singapore

300

Who is the wealthiest Singaporean, and what company did he found?

Li Xiting, co-founder and chairman of Shenzhen Mindray Bio-Medical Electronics

300

What is the residual of nominal yield minus inflation?

Real yield

300

Goldman Sachs coined an acronym for the European equivalent of the Magnificent Seven. What is it?

GRANOLAS

400

Famous for being the world's first publicly traded company on the first stock exchange, what defunct company holds the record for the most valuable company ever? After adjusting for inflation, the value is more than $7 trillion in today's dollars.

Dutch East India Trading Company

IPO'ed in 1602!

400

In a 2006 position paper for the IMF, which economist, nicknamed “Dr. Doom,” predicted the U.S. real estate bubble would soon crash and cause a major recession?

Nouriel Roubini

400

What is the Bloomberg function for Economic Calendars by Market?

WECO <GO>

400

The following sentence is the first line in the 2008 White Paper introducing what technological and financial concept? "Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments."

Bitcoin

500

At the Bretton Woods Conference of 1944, delegates from dozens of Allied nations gathered to regulate international finance. The monetary system they negotiated established fixed but adjustable currency conversion rates against US dollars, with the dollar backed by gold at a rate of $__ per ounce of gold.

$35 USD per ounce of gold

500

Which renowned economist was a professional investor whose portfolio was nearly wiped out in the 1929 stock market crash?

John Maynard Keynes

500

Generally considered a rough proxy for whether the rewards of an investment justify the risk, Nobel Prize winner Bill Sharpe created the eponymous ratio which divides investment return by what denominator?

Standard deviation

500

In the financial world, what does a “zombie” refer to?

Zombies are companies that are bankrupt but continue to operate or earn just enough to operate and pay interest to creditors but don’t have the capital to pay off their debt principal.

600

What was the highest Fed Funds rate since the Federal Reserve’s inception? (year or rate acceptable)

20% (1980-1981)

600

Who was the first U.S. billionaire? Hint: he crossed the billion mark in the 1920s.

Henry Ford, founder of Ford Motor Company and chief developer of the assembly line technique of mass production

600

What is the four-word formal title of the UK position currently held by Jeremy Hunt, roughly equivalent to the United States Secretary of the Treasury?

Chancellor of the Exchequer

600

In 2013, a software bug caused what financial technology company to erroneously credit customer Chris Reynold’s account with 92 quadrillion dollars, although the error was quickly corrected?

PayPal