View a FREE sample

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

Multiple Choice 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?
(a) Government buildings.
(b) Commercial buildings.
(c) Construction workers.
(d) House builders.

2. Meredith Whitney was an analyst of financial firms for what company in 2007?
(a) Household Finance Corporation.
(b) Salomon Brothers.
(c) Oppenheimer and Co.
(d) Citigroup.

3. With whose assistance did Steve Eisman publish a report outlining the bad practices of the subprime mortgage lender in Chapter 1?
(a) Michael Lewis'.
(b) Meredith Whitney's.
(c) Vincent Daniel's.
(d) Greg Lippmann's.

4. On what date did the head of the International Monetary Fund warn that the world financial system was teetering on the "brink of systemic meltdown"?
(a) March 4, 2006.
(b) June 28, 2007.
(c) August 15, 2009.
(d) October 11, 2008.

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

Short Answer Questions

1. Who agreed to a $5 million dollar deal with Michael Burry in Chapter 2?

2. By what year had Steve Eisman gathered a group of investors around himself filled with people who believed as he did that no one on Wall Street knew what they were doing, as described in Chapter 1?

3. Where did Michael Burry share his thoughts on investing while learning what he could from others in Chapter 2?

4. Michael Burry lost his left eye due to what as a toddler?

5. Where did Michael Lewis grow up?

(see the answer key)

This section contains 250 words (approx. 1 page at 300 words per page) View a FREE sample