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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 3: Hot Potato, The Great American Mortgage Scam.

Multiple Choice Questions

1. The protagonist of The Fountainhead is in what profession?
(a) Engineer.
(b) Architect.
(c) Doctor.
(d) Banker.

2. Where did Matt Taibbi hear Sarah Palin's acceptance speech in Chapter 1?
(a) The Xcel Center in St. Paul, MN.
(b) The Superdome, New Orleans, LA.
(c) The Hewlitt Packard Center, San Jose, CA.
(d) Wall Street, New York, NY.

3. AIG was listed on the Dow Jones Industrial Average from _________ to September 22, 2008.
(a) August 5, 2003.
(b) April 8, 2004.
(c) March 12, 2008.
(d) September 19, 2005.

4. By 2005, there was over how much money in subprime loans approved?
(a) $800 billion.
(b) $500 billion.
(c) $300 million.
(d) $600 billion.

5. Who appointed Alan Greenspan as the Federal Reserve chairman?
(a) Ronald Reagan.
(b) Bill Clinton.
(c) George W. Bush.
(d) George H. Bush.

Short Answer Questions

1. When was Ayn Rand born?

2. According to the author, what philosophy translates to "My facts are facts and your facts are not facts"?

3. What refers to a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from any actual profit earned by the individual or organization running the operation?

4. What are created when banks split their mortgage loan payments into three levels and sell them in separate packages?

5. Alan Greenspan served as Chairman of the Federal Reserve of the United States during what years?

(see the answer key)

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