BQ Practice Qs - 2 Flashcards
J.P. Morgan Chase & Co. has offered to pay around $3 billion to try and settle what?
Criminal and civil investigations by federal and state prosecutors about its mortgage-backed-securities activities
What is the name of the largest U.S. bank by assets that is currently facing at least seven Justice Department probes, on matters ranging from energy trading to its hiring practices in China.
J.P. Morgan
J.P. Morgan Chase & Co. has offered $3 billion in order to settle civil and criminal investigations into what?
Mortgage-backed-securities activities
Federal prosecutors are seeking to settle a case with SAC in regards to what?
Insider-trading
Who is the CEO of J.P. Morgan that is trying to settle criminal and civil investigations by paying $3 billion?
James Dimon
The new U.S. health-care exchanges will be offered in three different plans. What are the names of these plans offered
“Bronze” Plan, “Silver” Plan, “Gold” Plan
The potential cost of J.P. Morgan’s settlement to end criminal and civil charges has now risen to $11 billion because someone rejected the bank’s $3 billion offer. Who was it that rejected it?
U.S. Attorney General Eric Holder
Which group of people have been seen more and more frequently in prisons?
Mentally Ill
After a rejection of their offer of $3 Billion, settlement talks with which company have now risen to $11 Billion?
J.P. Morgan
Why is JP Morgan being sued by the Justice Department?
They misled investors about the quality of the underlying mortgages that were tied to the mortgage-backed-securities of which many of them collapsed in value as housing prices eroded.
The U.S is running our of money to pay it’s bills quicker than expected. Treasury Secretary said government would be left with just $30 billion cash no later than when?
41564
What is the name of the company that holds the multibillion-dollar Pentagon contract to supply U.S. forces in Afghanistan with food and water
Anham FZCO
What hitch in the plan for the healthcare plan rollout did the Obama administration acknowledge would delay the rollout?
A technological problem that will cause insurance exchanges to not be ready to accept online applications from small businesses
The U.S. and Iran had their most significant talks in 36 years on Thursday that could begin to take on the decades of enmity between the two countries. What was the subject of the discussions?
Tehran’s disputed nuclear program
Last week, The Wall Street Journal reported that software supporting exchanges for individual consumers that the federal government is running on behalf of 36 states was miscalculating U.S. subsidies for low-income people. What government-outsourcing company holds the contract to develop the individual-exchange software as part of the new health care law?
CGI Group Inc
What are many ACOs targeting to net the most significant savings?
Their costliest patients
A glitch in what may slow the release of Obama’s ne healthcare law?
The online acceptance
What have congressmen been struggling to agree on that has led to a partial shutdown of the federal government?
Government-funding plan
Small business firms wanted to begin comparing their coverage options for 2014 through the exchange of the Affordable Care Act starting October 1st. What caused this to be delayed?
Technological glitches in the computer systems; insurance exchanges wouldn’t be ready to accept online applications from small business
What is the problem with the online software for the new health care plan that allows employees to shop online for health care, that was originally supposed to be up and running on Tuesday
Will not be able to accept online applications
Several countries of the United Nations have been in talk with Iran about their nuclear program they are running. Which country (not part of the U.N. debate) insists that the U.S. be careful and suggests that we should be cautious when believing Iran
Israel
What did a Kenyan government intelligence report say in regards to the attacks by militants on the Westgate mall in Kenya?
It warned of a potential attack at the complex a year before the assault
Siemens will have to cut 15000 jobs by the end of it’s next fiscal year under what?
It’s restructuring program
With the government heading towards shutdown, both parties (Democrat & Republican) are pointing fingers at who to blame, and which party is going to find a resolution to this problem. What did the Democratic party suggest to put an end to this crisis?
Democrats suggest House Speaker, John Boehner, could put an end to this quickly by asking the House to pass the Senate plan for extended federal funding, including no provisions aimed at the health law.