To: Frederick Testa, FSW, OCSE, Hall of Records
From: David H. Weiner, President, CWA Local 1081
Date: March 31, 2008
Re: 156th CWA Local 1081 E-mail Trivia Contest Winner
Congratulations, you are last week's CWA Local 1081 Trivia Contest winner. Please contact CWA Local 1081 Secretary Treasurer Vera Winns at (973) 623-1081, or preferably by E-mail at vwinns@oel.state.nj.us, to collect your $50.00 prize.
You were the first to correctly answer all of the following questions:
- Who was quoted as saying “There will be more cutbacks because basically the business is not there”? For whom does he work and to what did he refer?
Answer: Dick Bove of the investment firm Punk, Ziegel & Company, on a wave of job cuts expected on Wall Street.
- Last year, the finance industry was responsible for nearly what percentage of all wages earned in New York City, the highest in modern times? And each Wall Street job supports how many workers in other sectors?
Answer: Nearly one third. Three.
- JPMorgan Chase was in talks on Sunday night for a deal that would quintuple its offer for Bear Stearns, the beleaguered investment bank, in an effort to pacify angry Bear shareholders, according to people involved in the negotiations. Under the terms being discussed, JPMorgan would pay how much a share in stock for Bear, up from its initial offer of how much a share — a figure that represented a mere one-fifteenth of Bear’s going market price.
Answer: $10.00. $2.00.
- As the nonpareil war profiteer in Iraq, Blackwater Worldwide keeps outdoing its own mercenary record. Ranking Blackwater executives have used inside influence as administration fund-raisers to multiply their no-bid war contracts a thousand fold to more than how much?
Answer: $1 billion.