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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 6-7.

Multiple Choice Questions

1. Warren Buffett is the primary shareholder, chairman and CEO of what American multinational conglomerate holding company?
(a) Wells Fargo
(b) Westwood Capital LLC
(c) Berkshire Hathaway
(d) BlackRock

2. Where was Dick Fuld born?
(a) New York, NY
(b) New Orleans, LA
(c) Dallas, TX
(d) Chicago, IL

3. Jamie Dimon told Hank Paulson that JP Morgan had upped its offer from $2 per share to what in Chapter 2?
(a) $16 per share
(b) $9 per share
(c) $10 per share
(d) $4 per share

4. What was the title of the article from the Wall Street Journal that Dick Fuld called “the worst betrayal of my career” in Chapter 6?
(a) Lehman Ends $38 Billion Standoff
(b) Lehman Is Seeking Oversees Capital
(c) Lehman Brothers Holdings to Consider Monetization of Claims Vs. Holding Company
(d) Lehman Files for Bankruptcy, Merrill Sold, AIG Seeks Cash

5. Who was Dick Fuld’s Chief Strategy Officer in Chapter 6?
(a) Lloyd Blankfein
(b) John F. Rogers
(c) Jim Cramer
(d) David Goldfarb

Short Answer Questions

1. Where was the hedge fund Peloton based?

2. 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?

3. The assignment of Jamie Dimon and a dozen of his rival CEOs at the emergency meeting at the Federal Reserve Bank of New York was to come up with a plan to save what company, according to the author in the Prologue?

4. Who did Hank Paulson succeed as Chief Executive of Goldman Sachs?

5. On the heels of David Einhorn’s campaign against Lehman Brothers, Lehman’s stock had fallen how much since Einhorn’s speech in May, according to the author in Chapter 6?

(see the answer key)

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