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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 2-3.

Multiple Choice Questions

1. When was Michael Burry born?
(a) 1959.
(b) 1971.
(c) 1963.
(d) 1960.

2. In Chapter 3, soon all the CDSs AIG FP sold consisted primarily of what?
(a) Gold and silver.
(b) Pork futures.
(c) Auto loans.
(d) Subprime mortgages.

3. Steve Eisman got his job with Oppenheimer and Co. through whom?
(a) A friend from college.
(b) His neighbor.
(c) His parents.
(d) His uncle..

4. What refers to a cumulative number that suggests a consumer's credit risk?
(a) Tranches.
(b) FICO Score.
(c) Collateral debt obligation.
(d) Credit default swap.

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

Short Answer Questions

1. With the creation of ______, mortgage companies became inspired to grow quickly and offer a great many loans to customers.

2. Through the use of what, was Michael Burry guaranteed to only lose only the amount of the premium payments in Chapter 2?

3. Where did Michael Lewis grow up?

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

5. What are bonds that are made up of mortgages sold to consumers by banks?

(see the answer key)

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