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

Multiple Choice Questions

1. What led Michael Burry to leave his original profession and become a money manager?
(a) His wife's death.
(b) His daughter's birth.
(c) His son's birth.
(d) His father's death.

2. The sale of CDSs grew AIG FP so quickly that it provided what percent of AIG's profits in Chapter 3?
(a) 15.
(b) 25.
(c) 20.
(d) 35.

3. In Chapter 8, Michael Burry found that his reports to his investors were appearing more and more bleak because of his heavy investment in what?
(a) Subprime mortgage CDOs.
(b) Subprime mortgage CDSs.
(c) Overprime mortgage CDOs.
(d) Overprime mortgage CDSs.

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

5. What is the title of Chapter 8?
(a) Two Men in a Boat.
(b) The Long Quiet.
(c) Wall Street.
(d) Bonds and CEOs.

Short Answer Questions

1. Steve Eisman's team discovered in Chapter 4 that the mortgage lenders were using what to alter the rating of their bonds?

2. What does AIG FP stand for?

3. In Chapter 5, Ledley and Mai bought multi-million dollar triple-A CDOs rather than the triple-B CDOs who had purchased?

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

5. In whose garage did Charlie Ledley begin operating a hedge fund in Chapter 5?

(see the answer key)

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