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Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 2-3.
Multiple Choice Questions
1. What mortgage lender did an Oppenheimer banker obtain information on from Steve Eisman in Chapter 1?
(a) Gotham Capital.
(b) Aames Financial.
(c) Citigroup.
(d) Bear Stearns.
2. In finance, what occurs when a debtor has not met his or her legal obligations according to the debt contract?
(a) Default.
(b) Forclosure.
(c) Repossesion.
(d) Refinancing.
3. What are bonds that are made up of mortgages sold to consumers by banks?
(a) Mortgage bonds.
(b) Optimum bonds.
(c) Mortgage rate stocks.
(d) Subprime bonds.
4. Who offered Michael Burry bonds at $100 million a deal in Chapter 2?
(a) Oppenheimer and Co.
(b) Deutsche Bank.
(c) Goldman Sachs.
(d) Bank of America.
5. Michael Burry lost his left eye due to what as a toddler?
(a) Asperger's Syndrome.
(b) Cancer.
(c) Glaucoma.
(d) A car accident.
Short Answer Questions
1. Where did Michael Burry begin cataloging his investments and their results, which drew interest from Wall Street brokers without Burry's knowledge?
2. When was Michael Burry born?
3. What does CDS stand for?
4. Where did Michael Lewis grow up?
5. Who began taking the bottom tranches of their mortgage bonds and packaging them together to create CDOs in Chapter 3?
This section contains 203 words (approx. 1 page at 300 words per page) |
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