Plenty went down in the local business world this year.
Big Boston companies were acquired by out-of-town suitors, highly-paid chief executive officers lost their jobs, and a major scandal hit the mutual fund industry. Along the way new products came to market and new buildings changed the landscape. The question is: Were you paying attention?
To find out, weve put together a quiz to test your knowledge of local business current events. There is no prize for high scores other than the satisfaction of knowing you are a well-informed reader.
1. By next year, which one of these local banks will still have a parent company based in Massachusetts? FleetBoston Eastern Sovereign Citizens
2. Which of these mutual fund companies has not been implicated in the growing mutual fund scandal? Putnam Investments Fidelity Investments Strong Funds MFS Investment Management
3. Which of these Boston area executives did not lose his job in 2003? Larry Lasser Grady Little David Spina Dan Goldin 4. John Hancock CEO David D'Alessandro made $22 million when he sold his company to Manulife. Is that more or less than Red Sox outfielder Manny Ramirez will earn in 2004? More Less 5. What island was the scene of the lavish birthday party former Tyco CEO Dennis Kozlowski threw for his wife? Sardinia Crete Coney Island Long Island 6. The head of the Massachusetts Securities Division, he played a key role in building cases against Wall Street bad guys. Who is he? Matt Damon Matt Dillon Matt Nestor Matt LeBlanc 7. This Boston area developer was the first and initially, the only tenant, in his brand new office building at 33 Arch Street. Who is he? Dean Martin Dean Stratouly Howard Dean John Dean 8. Boston Scientific stock soared this year on high hopes for what new medical product? Cancer drug Stent Artificial heart Artificial blood 9. FleetBoston was acquired in October by Bank of America. In what city is Bank of America headquartered? Charlotte San Francisco Washington Chicago 10. This Boston buyout king paid $2.6 billion to purchase Time Warner's music business. Who is he? Buddy Lee Tom Lee Bruce Lee Lee Marvin 11. This Springfield mayor was a pioneer in the move to buy cheap drugs from Canada. Who is he? Vincent Albano Lou Albano Michael Albano Al Michaels 12. Citizens Bank agreed to put its name on a new ballpark for which professional sports team? New York Mets New England Patriots Washington Redskins Philadelphia Phillies 13. Raytheon CEO Daniel Burnham was replaced this year. Who succeeded him? William Miller William Swanson William Sonoma Prince William 14. Schick came out with a new four blad razor to challenge Gillette. What is the new razor called? Quattro Quartermain Foursquare Tetro 15. Biogen merged with a California biotech company. What was the west coast firm? Lifepro Biosmith Idec Genzo 16. True of false. Massachusetts lost a bigger percentage of its jobs than any state in the nation between 2001 and 2003. True False 17. This Massachusetts technology company went on a buying spree, acquiring several software firms. Who is the company? Analog Devices EMC Teradyne Parametric 18. Which major Swiss drug company set up a big research operation in Cambridge? Novartis Novocaine Nolocontendre Nomar 19. Telephone giant Verizon offered a buyout to managers and union members. Roughly how many employees took the offer? 6,500 38,000 16,000 22,000 20. This big Boston company moved into fancy new digs at One Lincoln. What was it? FleetBoston Blue Cross State Street John Hancock