Ex. 7. Match the verbs with their definitions. Put the letter into the space provided

________ to earn money ________ to spend money ________ to save money ________ to make money ________ to borrow money ________ to lend money ________ to owe money ________ to accumulate money ________ to donate money ________ to raise money ________ to pay money ________ to invest money ________ to waste money ________ to charge money

a. that is to get money as salary or wages b. when one buys something as a customer c. or when one lives economically d. that is to give it to somebody for a period of time e. that is to take money promising to pay it back in future f. and then he grows rich, acquires wealth g. that is borrowing money one becomes a debtor h. that is to put money into shares or business i. that is to give it to a good cause j. for goods and services k. that is to give it to someone in exchange dir goods or services l. that is to store up a large amount of money m. that is to spend it on something which is not worth it n. that is to collect it in somebody’s favour

COMPREHENSION

Look at the title of the article and say:

1. What is Wall Street? Where is it? ________________________________________________

2. What do you think the story is about? _____________________________________________

The Witch of Wall Street

Hetty Robinson learnt all about money when she was very young. As a child, she read the financial pages of the newspaper to her wealthy father. Her father died when Hetty was 30 years old and she inherited $1 million. When she herself died in 1916, she left a fortune of almost $100 million to her two children.

Hetty made her money on the New York stock exchange. She was a financial genius. She made money so easily that people called her the Witch of Wall Street. But although she was one of the richest women in the world, she was very mean. She counted every cent and she spent as little as possible. She didn’t own a house, because she didn’t want to pay property taxes. So she and her children lived in cheap hotels.

She spent almost nothing on clothes, and wore the same long black dress every day. She washed it herself, but to save soap she only washed the bottom of the dress, where it touched the ground. Other people had their own offices, but Hetty used a desk in the bank where she kept her money, because it didn’t cost anything. She sat in the bank and ate her sandwiches while she bought and sold stocks and shares. If the bank complained, she just moved her money to another bank.

Hetty’s family paid the price for her meanness. When she was 33 she married a millionaire. Edward Green and she had two children. Green, however, lost all fis money, so Hetty left him. When her son Ned injured his knee, Hetty didn’t want to pay for a doctor, so she took him to a free hospital for poor people. Unfortunately the doctor knew that Hetty was rich and he asked for money. Hetty refused and took her boy away. His leg didn’t get better and two years later doctors removed it.

But eventually Ned got his revenge. At the age of 81 Hetty had an argument with a shop assistant about the price of a bottle of milk. She became so angry that she had a stroke and died. So Hetty’s meanness finally killed her. Ned inherited half of his mother’s fortune, and he spent it all on parties, holidays and expensive jewellery. He even bought a chamber pot covered with diamonds!

Ex. 8. Are the sentences true (T) or false (F). Correct the false ones.

Example: She came from a poor family. __F__

She didn’t come from a poor family. Her parents were wealthy.

1. She knew a lot of finance when she was young. _______

__________

2. She owned a big house. ________

__________

3. She didn’t have many clothes. ________

__________

4. She sent her clothes to a laundry. _________

__________

5. She rented an office in Wall Street. ________