Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History Test | Mid-Book Test - Hard

Matt Taibbi
This set of Lesson Plans consists of approximately 129 pages of tests, essay questions, lessons, and other teaching materials.

Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History Test | Mid-Book Test - Hard

Matt Taibbi
This set of Lesson Plans consists of approximately 129 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History Lesson Plans
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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. Since 2002, Deutsche Bank's Chief Executive Officer and Chairman of the Group Executive Committee has been __________.

2. What do T-Bills refer to?

3. When was Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History published?

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

5. What refers to the idea of a society in a repressive and controlled state, often under the guise of being Utopian?

Short Essay Questions

1. What impact did Alan Greenspan have on the Federal Reserve during his years in power?

2. How did Ayn Rand influence Alan Greenspan, and in effect, American finance?

3. What truth of American politics does Taibbi assert in Chapter 1?

4. What does Taibbi write of his thoughts on Sarah Palin in Chapter 1?

5. Describe Alan Greenspan's childhood and education. Where did Greenspan study economics?

6. Describe the different tranches of subprime loans discussed in Chapter 3. What were the differences between the tranches?

7. What actions did Alan Greenspan take which led directly to the housing bubble bust?

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

9. As described in Chapter 2, what was Alan Greenspan's focus in controlling the United States economy?

10. How did the public and private sectors evolve and change during Alan Greenspan's reign of the Federal Reserve, as described in Chapter 2?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Discuss the role of the Federal Reserve in American finance and the approach that Alan Greenspan had in controlling the American economy. What are the different ways in which the Fed can monitor the economy?

Essay Topic 2

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?

Essay Topic 3

Discuss Alan Greenspan's direct and indirect role in the financial disaster of 2008. What actions did Greenspan take which led to the market fallout?

(see the answer keys)

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