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

Multiple Choice Questions

1. Howie Hubler was a bond trader for what company in Chapter 9?
(a) Morgan Stanley.
(b) Bear Sterns.
(c) Merrill Lynch.
(d) Wachovia.

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) 2002.
(d) 2007.

3. Howie Hubler's company was so impressed with Hubler that they made him a unique deal by giving him what within their company in Chapter 9?
(a) An extraordary bonus.
(b) A house.
(c) Free investments.
(d) A money management firm.

4. Through the use of what, was Michael Burry guaranteed to only lose only the amount of the premium payments in Chapter 2?
(a) CDSs.
(b) Tranches.
(c) CDOs.
(d) ISDAs.

5. What Chinese national who came in second in a math competition in China accompanied Greg Lippmann in Chapter 3?
(a) Euguene Xu.
(b) Michael Oher.
(c) Steve Eisman.
(d) Meredith Whitney.

Short Answer Questions

1. The first night of the conference in Chapter 6, Steve Eisman was seated next to a man who was a CDO manager for what company?

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

3. In criminal law, what is an intentional deception made for personal gain or to damage another individual?

4. What is the title of Chapter 7?

5. During their research, Ledley and Mai discovered that many CDOs were comprised of triple-B rated mortgages being sold as what?

(see the answer key)

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