The Five Dumbest Things on Wall Street Midyear Quiz
What? Is the year already half over? Maybe we missed it because we were too mesmerized watching the BP (BP) oil spill live feed.
Anyway, now that we are six months into what has been a supremely Dumb year, we thought it would be worthwhile to offer The Five Dumbest Things Mid-Year Exam just to make sure everybody has been paying attention. Answering correctly could win you an autographed copy of Jim Cramer's Jim Cramer's Getting Back To Even.
Enter by midnight Tuesday, June 29, by emailing your answers here with the words "Contest Entry" in the subject line. We'll rerun the column Friday, July 2, with the answers and the name of the winner. If there is more than one correct entry, of course, we'll have a drawing.
Good Luck!
1. An outraged band of students from which University in April protested the selection of JPMorgan Chase (JPM) CEO Jamie Dimon as commencement speaker: A. Cornell University B. Tufts University C. Huxley University (home of Dean Quincy Adams Wagstaff) D. Syracuse University 2. According to Goldman Sachs (GS) bond salesman Fabrice Tourre, in a 2007 e-mail, who would by the "only potential survivor" if and when the mortgage market collapsed? A. The fabulous Fab B. The Fab Four C. The Fabulous Moolah D. The Fabulous Baker Boys 3. What did Continental Airlines (CAL) CEO Jeffrey Smisek call US Airways (LCC) in May after he announced Continental's merger with United Airlines (UAUA)? A. The ugly duckling B. The black swan C. The ugly girl D. Ugly Betty 4. When asked in May by Sen. Jim Bunning (R., Ky.) how much U.S. taxpayers will ultimately have to shell out to keep Fannie Mae (FNM) and Freddie Mac (FRE) afloat, what was the reply of Federal Housing Finance Agency Acting Director Edward DeMarco? A. millions and billions B. billions and trillions C. trillions and gazillions D. the actual cost I do not know 5. What was CA Technologies (CA) called before it changed its name (again) in May? A. CA, Inc. B. Computer Associates C. Computers "R" Us D. Wang and Kumar Go To White CastleSelect the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV