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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 4-5.

Multiple Choice Questions

1. What is a global financial service company with its headquarters in Frankfurt, Germany?
(a) Oppenheimer and Co.
(b) Deutsche Bank.
(c) The Fitch Group.
(d) Morgan Stanley.

2. What did Michael Burry study in college?
(a) Engineering.
(b) Law.
(c) History.
(d) Medicine.

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

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

5. In whose garage did Charlie Ledley begin operating a hedge fund in Chapter 5?
(a) Mike Burry's.
(b) Jamie Mai's.
(c) Greg Lippmann's.
(d) Steve Eisman's.

Short Answer Questions

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

2. What is a collection of one hundred different mortgage bonds, usually the riskiest that are combined to create a new group of bonds that could take the low rated bonds and reclassify them at a higher rate?

3. With Ben Hockett's help, Cornwall received a contract which allowed them to buy what?

4. What company did Charlie Ledley and Jamie Mai investigate because of some legal troubles, deciding that the legal trouble would blow over and their low stock would soon rally in Chapter 5?

5. What is the title of Chapter 5?

(see the answer key)

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