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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 14-15.

Multiple Choice Questions

1. John Thain thought in Chapter 14 as he pulled up to the New York Federal Reserve Building that the last time he’d been there was during the rescue of Long-Term Capital Management in what year?
(a) 1993
(b) 2005
(c) 1998
(d) 2001

2. Who is described in Chapter 12 as the Chairman of the Financial Services Commission in Korea?
(a) Gao Xiqing
(b) Jun Kwang-woo
(c) Vikram Pandit
(d) Min Euoo Song

3. According to the author in Chapter 6, Scott Friedheim was an executive in whose mold?
(a) Joe Gregory’s
(b) Arnold Swarzanegger’s
(c) Warren Buffett’s
(d) Ben Bernanke’s

4. 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 Communist
(b) A Socialist
(c) A Libertarian
(d) A Capitalist

5. 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) Eliot Spitzer
(c) Ron Beller
(d) Jim Cracchiolo

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. Who was Bob Willumstad’s partner in starting a private-equity fund after he left Citigroup?

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

4. Who was Dick Fuld’s mentor at the global financial services firm where he began working and later led the company for much of his career?

5. According to the author in Chapter 15, what banking institution was still interested in the broker-dealer part of Lehman, and everyone thought a deal was all but completed until they heard news otherwise?

(see the answer key)

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