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

Multiple Choice Questions

1. Where did Michael Burry share his thoughts on investing while learning what he could from others in Chapter 2?
(a) Seminars.
(b) Wall street.
(c) Online social networks.
(d) Church.

2. Michael Burry worked as a resident in what field in Chapter 2?
(a) Cardiology.
(b) Optometry.
(c) Proctology.
(d) Neurology.

3. What online database is maintained by the SEC from which investors can access information filed with the agency?
(a) ROBB.
(b) MABEL.
(c) EDGAR.
(d) GEORGE.

4. What does the SEC refer to?
(a) Speculators and Experts Council.
(b) Special Experts Conglomerate.
(c) Sellers and Engineers Committee.
(d) Securities and Exchange Commission.

5. Gene Park discovered that the CDSs being sold by his company contained more what than anyone knew?
(a) Precious metals.
(b) Car loans.
(c) Subprime mortgage bonds.
(d) Grain futures.

Short Answer Questions

1. Who offered Michael Burry bonds at $100 million a deal in Chapter 2?

2. Where was the conference for subprime mortgage bond salesmen and buyers in Chapter 6?

3. Where did Michael Burry begin cataloging his investments and their results, which drew interest from Wall Street brokers without Burry's knowledge?

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

5. The alterations to bond ratings made by mortgage lenders in Chapter 4 led to such things as lending how much money to a migrant worker who made only $14,000 a year?

(see the answer key)

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