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

Multiple Choice Questions

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

2. In Chapter 5, Charlie Ledley and Jamie Mai continued to make risky investments until they had grown their investment company to how much?
(a) $10 million.
(b) $75 million.
(c) $200 million.
(d) $30 million.

3. With the creation of ______, mortgage companies became inspired to grow quickly and offer a great many loans to customers.
(a) FICO Scores.
(b) Mortgage bonds.
(c) Standard & Poor's.
(d) Moody's.

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

5. Where did Michael Lewis work as a bond salesman after earning his Masters degree in Economics?
(a) London.
(b) Berkeley.
(c) Stockholm.
(d) Paris.

Short Answer Questions

1. In whose garage did Charlie Ledley begin operating a hedge fund in Chapter 5?

2. 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"?

3. What majority-owned subsidiary of Fimalac, S.A., is a global rating agency dedicated to providing value beyond the rating through independent and prospective credit opinions, research and data?

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

5. Gene Park discovered that the CDSs being sold by his company contained more what than anyone knew?

(see the answer key)

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