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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 8-9.

Multiple Choice Questions

1. Where did Michael Burry begin cataloging his investments and their results, which drew interest from Wall Street brokers without Burry's knowledge?
(a) A blog.
(b) A magazine.
(c) A library.
(d) A newspaper.

2. In Chapter 9, Lippmann gave Hubler several chances to back out of the deal at a loss, but Hubler continuously refused until finally settling with Deutsche Bank for more than how much?
(a) $1 billion.
(b) $900 million.
(c) $3 billion.
(d) $800 million.

3. When did money manager Michael Burry become interested in bonds?
(a) 2000.
(b) 1996.
(c) 2002.
(d) 2004.

4. Who went to a conference of subprime mortgage bond professionals and learned from a woman that her supervisors picked and chose which mortgage bonds would be triple-A rated despite her frequent recommendations that most of them be downgraded?
(a) Steve Eisman.
(b) Ernestine Warner.
(c) Vincent Daniel.
(d) Jamie Mai.

5. In Chapter 5, Charlie Ledley and Jamie Mai continued to make risky investments until they had grown their investment company to how much?
(a) $10 million.
(b) $30 million.
(c) $75 million.
(d) $200 million.

Short Answer Questions

1. What does AIG FP stand for?

2. In Chapter 3, soon all the CDSs AIG FP sold consisted primarily of what?

3. The mortgage boom and bust which is central in The Big Short: Inside the Doomsday Machine took place between what years?

4. Where was Ben Hockett on vacation when he hit the internet and quickly began selling the CDOs in Chapter 9?

5. Reluctant to lose out on what Michael Burry was convinced would be a profitable investment, what did he do with his CDSs to keep his investors from taking their money back in Chapter 8?

(see the answer key)

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