View a FREE sample

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

Multiple Choice Questions

1. What had Steve Eisman studied in college?
(a) Art history.
(b) International trade.
(c) Corporate law.
(d) South American history.

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

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

4. What is often referred to as a form of insurance that protects a lender if a borrower of capital defaults on a loan?
(a) Tranches.
(b) FICO Scores.
(c) Credit default swap.
(d) Collateral debt obligation.

5. When Cornwall Capital Management moved to Bear Sterns, their account was handled by whom?
(a) Steve Eismann.
(b) Michael Lewis.
(c) Ace Greenburg.
(d) Lewis Ranieri.

Short Answer Questions

1. Michael Burry worked as a resident in what field in Chapter 2?

2. What was Michael Lewis' first book?

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

4. Where did Michael Lewis work as a bond salesman after earning his Masters degree in Economics?

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

(see the answer key)

This section contains 194 words (approx. 1 page at 300 words per page) View a FREE sample