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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. In what year was Sarah Palin a candidate for Vice President of the United States?
2. In Atlas Shrugged, a group of men break off on their own and form __________.
3. Alan Greenspan joined the Richard Nixon campaign in what year?
4. The Tea Party movement is an American populist political movement that has sponsored protests and supported political candidates since what year?
5. 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?
Short Essay Questions
1. What process did banks undertake in order to sells risky loans, as described in Chapter 3?
2. How does the Tea Party mislead its followers from the true enemy, according to the author?
3. As described in Chapter 2, what was Alan Greenspan's focus in controlling the United States economy?
4. How does Taibbi believe Sarah Palin took Nixon's campaign strategy further?
5. What did Eljon Williams learn about the commission involved in his mortgage?
6. With what Tea Party member did Taibbi travel? What did he discover about the Republican candidates' issues?
7. How did Greenspan's views of American politics change over time?
8. What truth of American politics does Taibbi assert in Chapter 1?
9. What does Taibbi write of his thoughts on Sarah Palin in Chapter 1?
10. Who was Joe Cassano? What authority did he achieve?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Define and analyze securitization, sub prime loans and derivatives. How and when did these terms enter the American financial world?
Essay Topic 2
Discuss the reasons for the US bailout of AIG and the impact of that bailout on the American economy. How much money was given to AIG to stay afloat?
Essay Topic 3
Discuss Solomon Edwards and the mortgage scams described in Chapter 3: Hot Potato, The Great American Mortgage Scam. What methods did investment companies use to coerce borrowers to commit to adjustable-mortgage loans?
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This section contains 853 words (approx. 3 pages at 300 words per page) |
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