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

Multiple Choice Questions

1. Michael Burry worked as a resident in what field in Chapter 2?
(a) Neurology.
(b) Optometry.
(c) Proctology.
(d) Cardiology.

2. For what company did Michael Lewis begin working after earning his Masters degree in Economics?
(a) Salomon Brothers.
(b) Oppenheimer and Co.
(c) Aames Financial.
(d) Citigroup.

3. When was Michael Lewis' first book published?
(a) 1979.
(b) 1983.
(c) 1985.
(d) 1989.

4. What mortgage lender did an Oppenheimer banker obtain information on from Steve Eisman in Chapter 1?
(a) Gotham Capital.
(b) Citigroup.
(c) Aames Financial.
(d) Bear Stearns.

5. Steve Eisman got his job with Oppenheimer and Co. through whom?
(a) A friend from college.
(b) His parents.
(c) His neighbor.
(d) His uncle..

Short Answer Questions

1. When did money manager Michael Burry become interested in bonds?

2. Who thought that if AIG stopped buying the bonds, the subprime mortgage bond market would collapse, making him a fortune in Chapter 3?

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

4. When did Steve Eisman publish a report outlining the bad practices of the subprime mortgage lender in Chapter 1?

5. In a short time, Michael Burry had credit default swaps worth what in subprime mortgage bonds in Chapter 2?

(see the answer key)

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