Weekly Review Quiz as of 2010-10-14
Finance

Dollar's Fall Roils World
by Tom Lauricella
10/08/2010
http://online.wsj.com/article/SB10001424052748704696304575538334028041428.html

1. On Thursday, the U.S. dollar hit multiyear lows against

a) the Swiss franc
b) the Australian dollar
c) the Japanese yen
d) the South African rand
* e) all of the above

BofA Halts Foreclosures
by Dan Fitzpatrick, Damian Paletta and Robin Sidel
10/09/2010
http://online.wsj.com/article/SB10001424052748704657304575539963605720860.html

2. On Friday, Bank of America Corp. imposed a nationwide moratorium on

a) increasing interest rates on variable-rate loans
b) packaging loans into mortgage-backed securities
* c) foreclosures and the sale of foreclosed homes
d) initiating new 30-year mortgages
e) selling loans to Fannie Mae

Spain's BBVA Targets Investment Banking
by Sara Schaefer Muñoz and Christopher Bjork
10/11/2010
http://online.wsj.com/article/SB10001424052748704127904575544221118105744.html

3. Spain's Banco Bilbao Vizcaya Argentaria SA is launching an aggressive bid to expand its investment banking in

a) Latin America
b) Asia
c) the U.S.
* d) all of the above
e) none of the above. The bank is selling its investment banking division

Wall Street Pay: A Record $144 Billion
by Liz Rappaport, Aaron Lucchetti and Stephen Grocer
10/12/2010
http://online.wsj.com/article/SB10001424052748704518104575546542463746562.html

4. In an analysis of projected 2010 pay at 35 of the top publicly held securities and investment-services firms, The Wall Street Journal finds that compensation and benefits are expected to

a) equal a record $144 billion
b) rise 4% this year
c) rise at 26 of 35 firms
d) equal the same percentage of revenues as in 2009
* e) all of the above

Boxed In by Debt, A&P Solicits Advice
by Mike Spector and Timothy W. Martin
10/13/2010
http://online.wsj.com/article/SB10001424052748704164004575548363771271580.html

5. Bludgeoned by lower-priced rivals and strapped for cash, grocer Great Atlantic & Pacific Tea Co. is sounding out restructuring advisers about

a) whether to accept an acquisition offer from Wal-Mart
b) whether to suspend its dividend
* c) reworking its debt-heavy balance sheet
d) how to continue its planned equity repurchase program
e) all of the above