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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. What is a public company that provides analytics and decision making services intended to help financial services companies make complex, high-volume decisions?

2. What refers to a form of government in which engineers, scientists, health professionals, and other technical experts are in control of decision making in their respective fields?

3. When was Atlas Shrugged published?

4. The Bear Stearns Companies, Inc. was based in what US city?

5. Before declaring bankruptcy, Lehman Brothers Holdings Inc. was ranked as the _________ largest investment bank in the United States.

Short Essay Questions

1. Who was Eljon Williams and how did he become involved in a mortgage scam as described in Chapter 3?

2. What setback does the author describe for a banker named Andy?

3. With what Tea Party member did Taibbi travel? What did he discover about the Republican candidates' issues?

4. What did Eljon Williams learn about the commission involved in his mortgage?

5. Where was Ayn Rand from? How is she described in Chapter 2?

6. How are "no doc" loans described in Chapter 3? How were the borrowers scammed in this system?

7. What does Taibbi remark about the Tea Party's obsession with the past?

8. How does the Tea Party mislead its followers from the true enemy, according to the author?

9. How does Taibbi believe Sarah Palin took Nixon's campaign strategy further?

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

Describe and discuss the actions of AIG and Joe Cassano in the period before the 2008 crash. What risks was AIG taking?

Essay Topic 3

Compare and contrast the strategies of the Nixon campaign with those of the Tea Party. How did Palin's approach relate to Nixon's?

(see the answer keys)

This section contains 815 words (approx. 3 pages at 300 words per page) View a FREE sample