View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 8-9.

Multiple Choice Questions

1. At what university did Michael Burry study?
(a) Yale University School of Medicine.
(b) Harvard University School of Law.
(c) Vanderbilt University School of Medicine.
(d) Princeton University School of Law.

2. In what year did Steve Eisman stop working as an analyst and start his own hedge fund?
(a) 1997.
(b) 1988.
(c) 1992.
(d) 2004.

3. In a short time, Michael Burry had credit default swaps worth what in subprime mortgage bonds in Chapter 2?
(a) $750 million.
(b) $550 million.
(c) $1 billion.
(d) $200 million.

4. When did Howie Hubler go on vacation and never return in Chapter 9?
(a) July, 2002.
(b) March, 2005.
(c) April, 2006.
(d) October, 2007.

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

Short Answer Questions

1. Michael Burry could not bet against mortgage bonds in the same way he could other bonds because he could not short houses, only what?

2. What did "NASDAQ" originally stand for?

3. What is the name of Mike Burry's investment group?

4. When Cornwall Capital Management moved to Bear Sterns, their account was handled by whom?

5. What is the title of Chapter 5?

(see the answer key)

This section contains 227 words (approx. 1 page at 300 words per page) View a FREE sample