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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) Vanderbilt University School of Medicine.
(b) Princeton University School of Law.
(c) Yale University School of Medicine.
(d) Harvard University School of Law.

2. How much did Cornwall Capital Management make from selling its CDOs in Chapter 9?
(a) Over $80 million.
(b) Over $450 million.
(c) Over $240 million.
(d) Over $120 million.

3. Who from Deutsche Bank asked if they could buy the swaps back from Michael Burry in Chapter 2?
(a) Greg Lippman.
(b) Euguene Xu.
(c) Michael Lewis.
(d) Meredith Whitney.

4. In 2007, Meredith Whitney announced that what company had so mismanaged its affairs that it would slash its dividend or crash?
(a) Citigroup.
(b) Gotham Capital.
(c) Salomon Brothers.
(d) The Fitch Group.

5. The sale of CDSs grew AIG FP so quickly that it provided what percent of AIG's profits in Chapter 3?
(a) 20.
(b) 25.
(c) 15.
(d) 35.

Short Answer Questions

1. Steve Eisman got his job with Oppenheimer and Co. through whom?

2. Asperger's syndrome differs from other autistic disorders by its relative preservation of development in what areas?

3. In Chapter 5, Charlie Ledley and Jamie Mai continued to make risky investments until they had grown their investment company to how much?

4. Who began taking the bottom tranches of their mortgage bonds and packaging them together to create CDOs in Chapter 3?

5. Steve Eisman discovered that what company was fraudulently selling fifteen year mortgages under the guise of thirty year mortgages?

(see the answer key)

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