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

Multiple Choice Questions

1. When did Scion Capital open business?
(a) 1997.
(b) 1995.
(c) 2000.
(d) 1999.

2. After Eisman's published report, there were no more public subprime mortgage lenders by what year, as described in Chapter 1?
(a) 2006.
(b) 2004.
(c) 2007.
(d) 2002.

3. Who was Gene Park's boss in Chapter 4?
(a) Joe Cassano.
(b) John Weatherfield.
(c) Amos Robinson.
(d) Theodore Williams.

4. What does NYSE stand for?
(a) New York Stock Exchange.
(b) New York Securities Enterprise.
(c) New York Stock Entrepreneurs.
(d) New York Securities Engine.

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

Short Answer Questions

1. The sale of CDSs grew AIG FP so quickly that it provided what percent of AIG's profits in Chapter 3?

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

3. What Chinese national who came in second in a math competition in China accompanied Greg Lippmann in Chapter 3?

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

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

(see the answer key)

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