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

Multiple Choice Questions

1. Where did Ben Hockett live and make investments from in Chapter 5?
(a) San Francisco, California.
(b) Seattle, Washington.
(c) Berkeley Hills, California.
(d) Portland, Oregon.

2. How much money did Charlie Ledley and Jamie Mai make from their first major investment in a company with legal trouble in Chapter 5?
(a) Over $500,000.
(b) Over $3 million.
(c) Over $1 million.
(d) Over $5 million.

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

4. What is a division of The McGraw-Hill Companies that publishes financial research and analysis on stocks and bonds?
(a) Scion Capital.
(b) Standard & Poor's.
(c) Deutsche Bank.
(d) Cornwall Capital Management.

5. What is the name of Mike Burry's investment group?
(a) Scion Capital.
(b) Moody's.
(c) Oppenheimer and Co.
(d) Cornwall Capital Management.

Short Answer Questions

1. When was Michael Lewis' first book published?

2. Steve Eisman's team discovered in Chapter 4 that the mortgage lenders were using what to alter the rating of their bonds?

3. After Eisman's published report, there were no more public subprime mortgage lenders by what year, as described in Chapter 1?

4. What is the title of Chapter 4?

5. In Michael Burry's first credit default swap, he bought how many bonds?

(see the answer key)

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