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

Multiple Choice Questions

1. In the mid-1980s, Bob Willumstad was rising through the executive ranks of what financial corporation?
(a) Barclays
(b) Northern Trust
(c) Chemical Bank
(d) Westwood Capital LLC

2. 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?
(a) A Libertarian
(b) A Capitalist
(c) A Socialist
(d) A Communist

3. Dick Fuld expressed his belief that Lehman Brothers was under attack by what in Chapter 4?
(a) Subprime lenders
(b) Derivatives
(c) Short-sellers
(d) Mortgages

4. Who was described as the Chief Financial Officer at Goldman Sachs in Chapter 9?
(a) David Viniar
(b) Andrew Gowers
(c) Lloyd Blankfein
(d) Joe Gregory

5. According to the author in Chapter 5, Dick Fuld “said that he had become convinced that two of the nation’s most powerful financiers were largely responsible for both the short raid and rumor mongering.” Who were these financiers?
(a) Steven A. Cohen and Kenneth C. Griffin
(b) David Goldfarb and Scott Friedheim
(c) Dan Alpert and Bart McDade
(d) Lloyd Blankfein and Andrew Gowers

Short Answer Questions

1. Where was the hedge fund Peloton based?

2. Timothy Geithner was the President of the Federal Reserve Bank of New York during what years?

3. What analyze at Fox-Pitt Kelton is quoted in the New York Times in Chapter 13 as saying, “Some may worry that Treasury has taken on so much taxpayer burden they don’t have any remaining capacity to take on the burdens of Lehman”?

4. In 2008, AIG had grown into one of the world’s largest financial companies, with a market value of just under how much?

5. How much was oil going for per barrel according to the author in Chapter 9?

(see the answer key)

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