Financial History Issue 114 (Summer 2015) | Page 41

Wall Street Walks takes visitors through the historic capital of world finance — the one-square-mile of downtown Manhattan known as “Wall Street.” Our visitors learn about people, places and events comprising over 200 years of history, as they walk among locations where it all happened. • Regular public tours daily, except Sunday. • Group and private tours available. Proud walking tour partner of the Museum of American Finance. CONTACT: www.WallSreetWalks.com tours@wallstreetwalks.com 212-666-0175 (office) 212-209-3370 (ticket hotline) TRIVIAQUIZ By Bob Shabazian  1. Who is quoted as saying, “in this world nothing can be said to be certain except death and taxes?”  2. What is the origin of the term “blue chip stock”?  3. What technology company recently replaced AT&T in the Dow Jones Industrial Average?  4. What do the terms “sawbuck,” “double sawbuck” and “fin” have in common?  5. What made Robert J. Birnbaum’s Wall Street career so unique?  6. An “inversion” refers to what corporate action?  7. Warren Buffett, who has headed Berkshire Hathaway for 50 years, is believed to be the second longestserving chief executive of a US public company. Who is the longestserving CEO?  8. What was the first bank on Wall Street?  9. Who was Wall Street’s first insider trader? 10. Who said, “Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars?” 1. Benjamin Franklin in 1789.  2. It came from the game of poker, where a blue chip is considered the highest value.  3. Apple Inc.  4. All refer to US paper currency: sawbuck ($10 bill), double sawbuck ($20 bill) and fin ($5 bill).  5. He was president of two major stock exchanges, first serving as president of the American Stock Exchange and later serving in the same capacity at the New York Stock Exchange.  6. The merging or acquisition of a company in a foreign country with a lower tax rate, thus allowing money earned overseas to be attributed to that company’s books without paying additional US taxes.  7. Leslie Wexner, the founder, chairman and CEO of L Brands. He started his company in 1963 with a single store in Ohio called The Limited.  8. The Bank of New York (on the site now occupied by the Museum of American Finance)  9. William Duer, in 1792.  10. Financier and presidential adviser Bernard Baruch. WALL STREET WALKS HOW MUCH DO YOU KNOW ABOUT FINANCIAL HISTORY? www.MoAF.org  |  Summer 2015  |  FINANCIAL HISTORY  39