View a FREE sample

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

Multiple Choice Questions

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

2. 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?
(a) The downdraft rule
(b) The uptick rule
(c) The salvation rule
(d) The cutback rule

3. Jim Cramer was a popular television celebrity with an influential financial program on what network, according to the author in Chapter 5?
(a) CNBC
(b) FOX
(c) ABC
(d) CNN

4. Dick Fuld had been pressing what old friend and former Chairman of AIG to put money into Lehman Brothers in Chapter 6?
(a) Frank Zarb
(b) Hank Greenberg
(c) Charlie Scharf
(d) Brian Moynihan

5. 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?
(a) JP Morgan
(b) Berkshire Hathaway
(c) Merrill Lynch
(d) Lehman Brothers

Short Answer Questions

1. From which hedge fund mogul had Scott Friedheim recently bought a black GMC Denali outfitted with internet access and a chauffeur in Chapter 6?

2. Dick Fuld was the CEO of what global financial services firm in March, 2008?

3. John Thain was described as the CEO of which investment banking and wealth management firm in Chapter 7?

4. What refers to a security interest in real property held by a lender as a security for a debt?

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

(see the answer key)

This section contains 281 words (approx. 1 page at 300 words per page) View a FREE sample