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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 12-13.

Multiple Choice Questions

1. By what nickname is Warren Buffett known in the financial world?
(a) The Wealth Extractor
(b) The Wizard of Omaha
(c) The Money Machine
(d) Rich Uncle Pennybags

2. What does FDIC stand for?
(a) Federal Deposit Insurance Corporation
(b) Financial Deposit Insurance Company
(c) Federal Denomination Investment Clause
(d) Fiscal Depreciation Investment Corporation

3. In what year was Bob Willumstad outmaneuvered by Sandy Weill from Citigroup, according to the author in Chapter 8?
(a) 2005
(b) 2003
(c) 1998
(d) 2000

4. Who was the founder of the company that would become AIG?
(a) Cornelius Vander Starr
(b) Michael Bloomberg
(c) Warren Buffett
(d) Jamie Dimon

5. On what date did Lloyd Blankfein arrive in the city where the Goldman Sachs board meeting was to take place in Chapter 9?
(a) November 16, 2008
(b) October 21, 2007
(c) June 27, 2008
(d) March 4, 2007

Short Answer Questions

1. Senator Jim Bunning, who had sparred with Paulson over the summer, had gone so far as to call Hank Paulson what, according to the author in Chapter 12?

2. Who was the Chief of Staff at Goldman Sachs in Chapter 9?

3. In the mid-1980s, Bob Willumstad was rising through the executive ranks of what financial corporation?

4. What word from Chapter 5 derives from German and describes an all-motorized force concentration of tanks, infantry, artillery, combat engineers and air power?

5. Dick Fuld had been pressing what old friend and former Chairman of AIG to put money into Lehman Brothers in Chapter 6?

(see the answer key)

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