The Big Short: Inside the Doomsday Machine Test | Final Test - Easy

Michael Lewis (author)
This set of Lesson Plans consists of approximately 132 pages of tests, essay questions, lessons, and other teaching materials.
Buy The Big Short: Inside the Doomsday Machine Lesson Plans
Name: _________________________ Period: ___________________

This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. At the conference in Chapter 6, Charlie Ledley spoke a man from what company that would eventually do business with Ledley's hedge fund?
(a) Wachovia.
(b) AIG FP.
(c) Bear Stearns.
(d) Morgan Stanley.

2. The contract with which one of Scion's original investors was coming up in Chapter 8?
(a) Citigroup.
(b) Gotham.
(c) Wachovia.
(d) Merrill Lynch.

3. When did Scion Capital close business?
(a) 2008.
(b) 2009.
(c) 2006.
(d) 2007.

4. Who was CEO of Morgan Stanley at the time Hubler was selling CDOs in Chapter 9?
(a) James Wilson.
(b) Bernie Madoff.
(c) John Mack.
(d) James Smith.

5. The mortgage boom and bust which is central in The Big Short: Inside the Doomsday Machine took place between what years?
(a) 2001-2007.
(b) 2002-2006.
(c) 2005-2008.
(d) 1999-2004.

6. Where did Meredith Whitney work when she predicted the need for Citigroup to slash their dividends or crash in 2007?
(a) Merrill Lynch.
(b) Wachovia.
(c) Bear Sterns.
(d) Oppenheimer and Co.

7. What was the profession of Michael Lewis' mother?
(a) Teacher.
(b) Doctor.
(c) Community activist.
(d) Lawyer.

8. In Chapter 7, Eisman not only bought the CDOs offered by Lippmann, but he also began to short who?
(a) The Wall Street banks involved in these bonds.
(b) The London banks involved with the bonds.
(c) The Federal Reserve.
(d) The SEC.

9. What is the title of Chapter 8?
(a) Wall Street.
(b) The Long Quiet.
(c) Two Men in a Boat.
(d) Bonds and CEOs.

10. The SEC was established by the United States Congress in what year?
(a) 1933.
(b) 1928.
(c) 1937.
(d) 1930.

11. Who asked Howie Hubler for money owed Deutsche Bank on the CDOs purchased from Hubler in Chapter 9?
(a) John Mack.
(b) Bernie Madoff.
(c) Greg Lippmann.
(d) James Wilson.

12. FrontPoint Partners is a subsidiary of what company?
(a) Wachovia.
(b) Merrill Lynch.
(c) Bear Sterns.
(d) Morgan Stanley.

13. A percentage of FrontPoint was owned by what major investment firm?
(a) Morgan Stanley.
(b) Wachovia.
(c) Merrill Lynch.
(d) Citigroup.

14. What is the title of Chapter 10?
(a) Two Men in a Boat.
(b) The End of Wall Street.
(c) The Fall.
(d) Tidal Wave of Trouble.

15. Who began shorting the stocks of rating companies as well as many of the CDO managers in Chapter 6?
(a) Steve Eisman.
(b) Mike Burry.
(c) Jamie Mai.
(d) Charlie Ledley.

Short Answer Questions

1. When did Scion Capital open business?

2. Who wrote the book "The Greatest Trade Ever: How John Paulson Bet Against The Markets and Made $20 Billion"?

3. Who still felt as though he was not receiving the recognition he deserved for his foresight and lucrative investing and decided to quit as a money manager in Chapter 10?

4. What did "NASDAQ" originally stand for?

5. How much did Cornwall Capital Management make from selling its CDOs in Chapter 9?

(see the answer keys)

This section contains 441 words
(approx. 2 pages at 300 words per page)
Buy The Big Short: Inside the Doomsday Machine Lesson Plans
The Big Short: Inside the Doomsday Machine from BookRags. (c)2018 BookRags, Inc. All rights reserved.
Follow Us on Facebook