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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 7: The Great American Bubble Machine.

Multiple Choice Questions

1. What does IPO stand for?
(a) Integrated public organization.
(b) Initial public offering.
(c) Illustrated paper organization.
(d) Industrial public offering.

2. Before declaring bankruptcy, Lehman Brothers Holdings Inc. was ranked as the _________ largest investment bank in the United States.
(a) First.
(b) Second.
(c) Third.
(d) Fourth.

3. Nancy Pelosi has represented the 8th Congressional District of what state?
(a) Arizona.
(b) California.
(c) Alaska.
(d) New York.

4. Matt Taibbi's father is a television reporter for what corporation?
(a) CNN.
(b) NBC.
(c) CBS.
(d) PBS.

5. According to the author, __________ and other investment banks were responsible for driving up the price of oil through the commodities speculation market.
(a) Bank of America.
(b) Wachovia.
(c) Deutche Bank.
(d) Goldman-Sachs.

Short Answer Questions

1. Where did Matt Taibbi work as a professional basketball player?

2. Where was Barack Obama born?

3. AIG was listed on the Dow Jones Industrial Average from _________ to September 22, 2008.

4. Eljon Williams learned that the firm which helped him obtain a mortgage had gotten a commission of how much money?

5. In December 2008, Chicago Mayor Richard Daley announced that he had leased out the city's parking meters for over ____________.

(see the answer key)

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