1. In early September, Dendreon ( DNDN) CEO Mitchell Gold announced he was laying off about a quarter of the biotech company's workforce to reduce expenses in the face of less-than-expected sales of prostate cancer treatment Provenge. Among those sent packing was the company's chief marketing officer, who Gold specifically hired from Bayer the prior year for his marketing prowess. What was his name? A. Jim King B. Frank Knight C. Hal Castle D. Hans Bishop Answer: D. Gold took his former golden-boy Hans Bishop off the board.
2. Shares of Jinko Solar ( JKS) got dumped in mid-September, losing almost 30% after the photovoltaic cell-maker got busted for doing what? A. Dumping toxic waste into a Shanghai river B. Dumping points in the Chinese corporate basketball league C. Pumping and dumping its own stock D. All the dumping above Answer: A. Jinko dumped toxic residue into the river causing locals to riot and the stock to plummet.
3. A rogue trader was unearthed at UBS ( UBS) in September and was reported to have lost the bank $2.3 billion. And if that wasn't bad enough, what did UBS CEO Oswald Gruebel tell analysts about his bank's risk management only three months before the jaw-dropping loss was discovered? A. "Risk? We don't got no stinking risk!" B. "We have no undue risk in our positions." C. "Risk is my favorite game. Especially when I move troops into Siam." D. "No Roger, no Rerun, no risk." Answer: B. Oswald didn't see it coming and was forced to resign over his bank's bungling in September.
5. In mid-October, Netflix ( NFLX) CEO Reed Hastings did an about-face and decided to keep the company's DVD-by-mail and its streaming services under the Netflix umbrella. What was the name of the short-lived DVD rental business? A. Trixter B. Mister Mister C. Qwikster D. Tracy Flickster Answer: C. Anybody want to buy a cheap domain name?
6. What did Research In Motion ( RIMM) offer its outraged customers in late October to compensate them for its multi-day Blackberry service outage? A. Free Apps B. Cash C. Skee-ball Coupons D. One free taco with the purchase of a large soda Answer: A. It would not surprise us if they offered tacos, but RIM offered Apps to make up for the outage instead of cash.
7. What did hedge fund manager David Einhorn title his 110-slide presentation attacking Green Mountain Coffee Roasters ( GMCR)? A. "Coffee Clash" B. "No Greenback Mountain" C. "River Deep Green Mountain Lies" D. "GAAP-uccino" Answer: D. Einhorn sank that stock in 110 slides. He probably needed 7.
8. In order to raise much needed capital to shore up its balance sheet, Bank of America ( BAC) sold its stake in which pizza chain for $755 million in early November? A. Godfather's Pizza B. Chuck E. Cheese's C. Pizza Hut D. Ray's Original Pizza E. Original Ray's Pizza Answer: C. Poor Brian Moynihan will be delivering pizza soon to raise capital at Bank of America.
10. Which prominent economist criticized the 300-page revised Volcker rule, which prohibits banks from proprietary trading, saying it is "much more complicated than I would like to see?" A. John Maynard Keynes B. Friedrich Hayek C. Salma Hayek D. Paul Volcker Answer: D. Tall Paul thinks his own rule should be shortened considerably. Bonus Question: 11. What does the "MF" in now-defunct brokerage firm MF Global ( MFGLQ.PK) stand for? A. Man Financial B. More Foolishness C. Mister Finance D. Mothers of Finance Answer: A. Before it was MF Global and out of business, it was Man Financial. -- Written by Gregg Greenberg in New York.