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

Multiple Choice Questions

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

2. Who thought that if AIG stopped buying the bonds, the subprime mortgage bond market would collapse, making him a fortune in Chapter 3?
(a) Michael Lewis.
(b) Euguene Xu.
(c) Meredith Whitney.
(d) Greg Lippman.

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

4. Where did Michael Lewis grow up?
(a) Denver, Colorado.
(b) New Orleans, Louisiana.
(c) Dallas, Texas.
(d) Phoenix, Arizona.

5. With whom did Michael Burry make his first credit default swap?
(a) Scion Capital.
(b) Cornwall Capital Management.
(c) Deutsche Bank.
(d) Oppenheimer and Co.

Short Answer Questions

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

2. Meredith Whitney was an analyst of financial firms for what company in 2007?

3. With whose assistance did Steve Eisman publish a report outlining the bad practices of the subprime mortgage lender in Chapter 1?

4. Where did Michael Lewis earn his Masters degree in Economics?

5. For what company did Michael Lewis begin working after earning his Masters degree in Economics?

(see the answer key)

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