View a FREE sample

This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. John Mack at Morgan Stanley knew that his company had to find an investment partner to stay alive in Chapter 18. They had been looking at the books of what banking institution but were not enthusiastic about what they found?
(a) Wachovia
(b) Citigroup
(c) Bank of America
(d) Northern Trust

2. Lloyd Blankfein was waiting to make a speech in Chapter 14 that discussed Goldman Sachs’ nonprofit program that fostered business and management education for whom?
(a) Minorities
(b) Children
(c) Women
(d) The elderly

3. Who was described in Chapter 17 as “a thirty-eight-year-old governor at the Federal Reserve, whose office was a few doors down from Bernanke’s”?
(a) Kevin Warsh
(b) Brian Moynihan
(c) Rick Waddell
(d) Jeb Mason

4. Who was described as the President of Merrill Lynch in Chapter 13?
(a) Dan Alpert
(b) Martin Sullivan
(c) Edward Liddy
(d) Greg Fleming

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

Short Answer Questions

1. On what date does the author describe Bart McDade and Alex Kirk arriving in Dick Fuld’s office in the beginning of Chapter 13?

2. What was referred to as “the good bank-bad bank plan” that McDade was thinking of announcing in Chapter 12?

3. During the meeting of the top bankers at the New York Federal Reserve Building in Chapter 14, the bankers quickly renamed the company called SpinCo as what?

4. Larry Fink was described in Chapter12 as being from what financial institution?

5. What headline on the Wall Street Journal was nagging at John Mack in the beginning of Chapter 17?

Short Essay Questions

1. With whom were Lehman Brothers in negotiations with in Chapter 11? Who led the negotiations?

2. What did Henry Paulson decide to do when Fannie Mae and Freddie Mac continued to deteriorate in Chapter 11?

3. What did Henry Paulson respond when solicited for help from Bob Diamond and Ken Lewis in Chapter 13?

4. What was the purpose of the meeting that Tim Geithner called in Chapter 16? Who was called to this meeting?

5. How did Timothy Geithner break the CEOs into groups in Chapter 14? What was their assignment?

6. What plan was announced by Henry Paulson and drafted into a bill in Chapter 18?

7. What were the conclusions that were found by the CEOs in Chapter 16? How did they report this news to Geithner?

8. What were the principle causes for Dick Fuld’s increasing stress in the beginning of Chapter 12?

9. What was discussed in the meeting between Dick Fuld and Timothy Geithner in Chapter 10?

10. What led to the cease of negotiations between Lehman and its potential investor in Chapter 11?

(see the answer keys)

This section contains 1,012 words (approx. 4 pages at 300 words per page) View a FREE sample