View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 6-7.

Multiple Choice Questions

1. What did Michael Burry study in college?
(a) History.
(b) Law.
(c) Engineering.
(d) Medicine.

2. Who began shorting the stocks of rating companies as well as many of the CDO managers in Chapter 6?
(a) Mike Burry.
(b) Jamie Mai.
(c) Charlie Ledley.
(d) Steve Eisman.

3. Where did Michael Lewis work as a bond salesman after earning his Masters degree in Economics?
(a) Paris.
(b) Stockholm.
(c) London.
(d) Berkeley.

4. With Ben Hockett's help, Cornwall received a contract which allowed them to buy what?
(a) CDOs.
(b) FICOs.
(c) ISDAs.
(d) CDSs.

5. At what age was Michael Lewis when he was shocked that Wall Street would allow him to buy and sell stocks, as described in the Prologue?
(a) 17.
(b) 15.
(c) 18.
(d) 24.

Short Answer Questions

1. What is the name of the investment group begun by Charlie Ledley and his partner in Chapter 5?

2. In Chapter 7, Eisman came to the conclusion that none of the banks dealing in CDSs and CDOs really appreciated the disaster awaiting them because of what?

3. Who agreed to a $5 million dollar deal with Michael Burry in Chapter 2?

4. Where did Michael Burry share his thoughts on investing while learning what he could from others in Chapter 2?

5. In 2007, Meredith Whitney announced that what company had so mismanaged its affairs that it would slash its dividend or crash?

(see the answer key)

This section contains 277 words (approx. 1 page at 300 words per page) View a FREE sample