Weekly Review Quiz As of 2009-09-24

Weekly Review Quiz as of 2009-09-24 Finance

Bankers Face Sweeping Curbs on Pay by Damian Paletta and Jon Hilsenrath 09/19/2009 http://online.wsj.com/article/SB125324292666522101.html

1. As part of a far-reaching proposal to rein in risk-taking at financial institutions, who would be able to reject any compensation policies it believes encourage bank employees -- from chief executives, to traders, to loan officers -- to take too much risk? a) the Securities and Exchange Commission * b) the Federal Reserve c) the U.S. Treasury d) the House Committee on Financial Services e) the Federal Deposit Insurance Corporation

Lease Cutbacks Leave Cadillacs Idling by John D. Stoll and Sharon Terlep 09/21/2009 http://online.wsj.com/article/SB125349260689726585.html

2. Cadillac has lost sales and market share since last year in part because of a) the bankruptcy and liquidation of 61% of the Cadillac dealers in the U.S. and Canada * b) GM’s decision last summer to back away from the leasing business c) Cadillac’s lack of new models d) GM’s lack of advertising on the Cadillac brand

IRS Extends Deadline to Declare Foreign Accounts by Laura Saunders 09/21/2009 http://online.wsj.com/article/SB125348992214426433.html

3. In an effort to keep its doors open to tax evaders, the Internal Revenue Service will extend until Oct. 15 its limited amnesty program for U.S. taxpayers with a) undocumented business expenses b) unreported self-employment income * c) undeclared income on foreign accounts d) undeclared small business income e) all of the above Dell to Buy Perot in Catch-Up Deal by Justin Scheck, Ben Worthen and Jerry A. Dicolo 09/22/2009 http://online.wsj.com/article/SB125353092801427455.html

4. Dell has agreed to buy a) AT&T b) Electronic Data Systems c) Nokia d) Apple * e) Perot Systems

5. Dell will pay for the acquisition a) by issuing stock * b) with cash c) by issuing long-term bonds d) by borrowing from Bank of America e) all of the above