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Test your know-how of recent business news

Keeping up with all of the Tampa Bay area's economic and regional business news is like trying to swallow a firehose worth of water. Quenching isn't the word. Try your hand — better yet, your mind — on this timely quiz. Answers are at the end.

1. The state with the greatest number of bank failures so far this year is:

a) Florida

b) California

c) Georgia

d) North Carolina

2. It boasts such high-profile commercial properties as Corporate Center at International Plaza and Hidden River Corporate Park, but its cash bind may push it into Chapter 11 bankruptcy. Who is it?

a) Crescent Resources

b) Crescent Wrench

c) Crescent Roll

d) Crescent Moon

3. On May 21, Orlando's SeaWorld officially opens its new roller coaster called:

a) Swine Flu Ride

b) Manta

c) Dada

d) SunRail

4. To energize its 400 new employees before last week's opening, Tampa's Ikea launched a cheer sung to the theme of:

a) Rocky

b) SpongeBob SquarePants

c) American Idol

d) The Lingonberry Song

5. A major Tampa Bay-based company just changed its name from this to this:

a) TECO Energy to TECO Industries

b) MarineMax to MarineMin

c) Tech Data to Tech Tata

d) Walter Industries to Walter Energy

6. When it failed last month, it was Florida's third largest credit union:

a) Credit Union of Florida's Gulf Coast

b) Sunshine State Credit Union

c) Eastern Financial Florida Credit Union

7. When Colonial Bank ran into financial trouble, it cut a deal for $300 million in new capital from an outside investor that is:

a) An Ocala mortgage banking business

b) An Omaha firm controlled by Warren Buffett

c) A Key West company owned by Jimmy Buffett

8. The biggest Florida corporation on the latest Fortune 500 list:

a) AutoNation, Fort Lauderdale

b) Tech Data, Clearwater

c) Publix, Lakeland

d) Harris, Melbourne

9. Among Florida's counties, the first had the highest and the second the lowest unemployment rates in March:

a) Hernando and Polk

b) Orange and Dade

c) Hendry and Hillsborough

d) Flagler and Liberty

10. When GunnAllen Financial executive Gordon Loetz died unexpectedly, this major investor stepped in as CEO:

a) Tom James

b) John Sykes

c) Kiran Patel

d) Chris Sullivan

11. Court-appointed trustees in such Ponzi scheme cases as Bernie Madoff, Lou Pearlman and Art Nadel are pursuing refunds from the "false profits" of early investors by using what legal device?

a) Brass knuckles

b) Drawbacks

c) Clawbacks

d) Sopranos reruns

12. What a pat on the back and 50 cents will get you these days in the Tampa Bay market:

a) A water view condo on St. Petersburg's Beach Drive or in Tampa's Channelside

b) A daily newspaper

c) An arrest for panhandling

Answers: 1, c); 2, a); 3, b); 4, b); 5, d); 6, c); 7, a); 8, c); 9, d); 10, b); 11, c); 12, b).

Robert Trigaux can be reached at [email protected]

Test your know-how of recent business news 05/10/09 [Last modified: Sunday, May 10, 2009 7:02pm]
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