View a FREE sample

This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

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

2. On what morning does the author describe Jamie Dimon awakening after an emergency meeting at the Federal Reserve Bank of New York with a dozen of his rival Wall Street CEOs in the beginning of the Prologue?
(a) September 13, 2008
(b) January 5, 2010
(c) June 2, 2009
(d) April 19, 2007

3. Who did Bob Willumstad refer to as the former Chairman at AIG that thought Willumstad’s position was all or nothing in Chapter 8?
(a) David Faber
(b) Frank Zarb
(c) Skip McGee
(d) John Thain

4. What refers to a security interest in real property held by a lender as a security for a debt?
(a) Short-seller
(b) Stock
(c) Mortgage
(d) Subprime lending

5. Where was the hedge fund Peloton based?
(a) New York
(b) London
(c) Paris
(d) Chicago

6. What title did Hank Paulson hold in 2008?
(a) United States Secretary of State
(b) United States Secretary of the Treasury
(c) United States Secretary of the Interior
(d) United States Secretary of Education

7. According to the author in Chapter 3, Geithner kept Jamie Dimon from abandoning the negotiations with Bear Stearns by working out a deal where the Federal Reserve lent money to Bear Stearns through JP Morgan, guaranteeing Morgan against how much in losses?
(a) $29 billion
(b) $5 billion
(c) $18 billion
(d) $14 billion

8. According to the author in Chapter 1, Henry Paulson called and informed Dick Fuld that Bear Stearns collapsed and that the U.S. Treasury had taken the step of backing how much in Bear Stearns assets to restore confidence in the market?
(a) $15 billion
(b) $8 billion
(c) $30 billion
(d) $2 billion

9. 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) March 4, 2007
(d) June 27, 2008

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

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

12. AIG began with what name in a small office in Shanghai in 1919?
(a) American Asiatic Underwriters
(b) Pacific Ring Investments
(c) Asian-American Investment Partnership
(d) Asian Underwriters Union

13. According to the author in Chapter 1, Henry Paulson called and informed Dick Fuld that Bear Stearns collapsed and would be bought by what investment company?
(a) Merrill Lynch
(b) Citigroup
(c) JP Morgan
(d) Goldman Sachs

14. Who was the Chairman of the Federal Reserve in 2008?
(a) Ben Bernanke
(b) Jon Corzine
(c) Michael Bloomberg
(d) Jim Bunning

15. What was the Chairman of the Board of AIG’s outside law firm in Chapter 8?
(a) Richards, Abbot & James
(b) Michaels, Frederick & Williams
(c) Stephens, Jones, and Thompson
(d) Simpson Thacher & Bartlett

Short Answer Questions

1. In what year did Hank Paulson become a partner at Goldman Sachs?

2. Where did Dick Fuld receive his B.A. and B.S. in 1969?

3. Who nominated Hank Paulson to his post in the federal cabinet?

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. In 2008, AIG had grown into one of the world’s largest financial companies, with more than how much worth of assets on its books?

(see the answer keys)

This section contains 551 words (approx. 2 pages at 300 words per page) View a FREE sample