Exam for engine

QUESTION 13
What was the most important loss for Bankers Trust?

QUESTION 14
Metallgesellschaft’s retail contracts were

QUESTION 15
When local rules and regulations conflict with the PRMIA Standards of Best Practice, Conduct and Ethics the PRMIA member should …

QUESTION 16
The Fortress Re accounting risk transfer procedures

QUESTION 17
A risk manager finds that a client is engaged in a practice that looks like money laundering.
According to the PRMIA Standards of Best Practice, Conduct and Ethics (Code of Conduct), the risk manager should:

QUESTION 18
According to the Group of 30 Report, important risks associated with dynamic hedging are:

QUESTION 19
The problems at Bankers Trust can best be characterized as failures related to:

QUESTION 20
Which of the following was NOT a factor in the Long Term Capital Management case?

QUESTION 21
The problems at Bankgesellschaft Berlin can best be characterized as failures related to:

QUESTION 22
What was the main type of risk that Metallgesellschaft was exposed to?

QUESTION 23
A VaR model for managing market risk at Barings Bank in London would most likely have:

QUESTION 24
Taisei Fire and Marine Insurance Co

QUESTION 25
The steps which the US Treasury Department and the Federal Reserve took in July 2008 to boost confidence in both Fannie Mae and Freddie Mac did not include which one of the following:

QUESTION 26
Washington Mutual’s acquisition of Long Beach Financial changed its business model and increased its credit loss profile because

QUESTION 27
The hedging strategy employed by MG Refining & Marketing has been called:

QUESTION 28
The Q4 2003 trading strategy of China Aviation Oil was

QUESTION 29
Which of the following was NOT a factor in the National Australia Bank case?

QUESTION 30
Which of the following would have contributed to noticing and preventing Leeson’s violations at Barings?

QUESTION 31
The Chair of the PRMIA Board of Directors may hold the following offices: