Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 12-13.
Multiple Choice Questions
1. In 2008, AIG had grown into one of the world’s largest financial companies, with more than how much worth of assets on its books?
(a) $300 billion
(b) $1 trillion
(c) $800 billion
(d) $450 billion
2. According to the author in Chapter 5, Jim Cramer, a media star, was solidly Harvard and counted as one of his best friends which individual called “the bane of Wall Street”?
(a) Kevin Warsh
(b) Jim Cracchiolo
(c) Ron Beller
(d) Eliot Spitzer
3. Who was the Chief of Staff at Goldman Sachs in Chapter 9?
(a) Gerald Donini
(b) Jon Corzine
(c) John F. Rogers
(d) Martin Sullivan
4. Hank Paulson and his staff prepared a secret plan for how to deal with the situation should Lehman or another large firm go bankrupt, or if several banks should begin to fail at once. Who did they present their plan to in a meeting described by Sorkin in Chapter 4?
(a) Daniel A. Simkowitz
(b) Ben Bernanke
(c) Jim Cramer
(d) Michael Bloomberg
5. At the end of Chapter 13, AIG went to Jamie Dimon of what banking institution with an urgent call for help?
(a) Merrill Lynch
(b) JP Morgan
(c) Morgan Stanley
(d) Berkshire Hathaway
Short Answer Questions
1. Dick Fuld had been pressing what old friend and former Chairman of AIG to put money into Lehman Brothers in Chapter 6?
2. On what date does the author describe Bart McDade and Alex Kirk arriving in Dick Fuld’s office in the beginning of Chapter 13?
3. Bob Willumstad had been asked by the board of AIG to replace whom as CEO in Chapter 8?
4. Jim Cramer was a popular television celebrity with an influential financial program on what network, according to the author in Chapter 5?
5. By what name is the regulation that “had been introduced by the Securities and Exchange Commission in 1938 to prevent investors from continually shorting a stock that was falling” called?
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