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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 6-7.

Multiple Choice Questions

1. What does NYSE stand for?
(a) New York Stock Exchange.
(b) New York Stock Entrepreneurs.
(c) New York Securities Enterprise.
(d) New York Securities Engine.

2. When was the conference for subprime mortgage bond salesmen and buyers in Chapter 6?
(a) June, 2004.
(b) August, 2008.
(c) January, 2007.
(d) May, 2008.

3. The woman who stated that her supervisors picked and chose which mortgage bonds would be triple-A rated despite her frequent recommendations that most of them be downgraded worked for what company in Chapter 4?
(a) Standard & Poor's.
(b) Wachovia.
(c) Moody's Corporation.
(d) Deutsche Bank.

4. What was Michael Lewis' first book?
(a) Liar's Poker.
(b) Stock Junkies.
(c) Trade or Die.
(d) Digital Money.

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

Short Answer Questions

1. The first night of the conference in Chapter 6, Steve Eisman was seated next to a man named what?

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

3. What is the title of Chapter 5?

4. For what company did Ben Hockett work when he met Jamie Mai?

5. What did "NASDAQ" originally stand for?

(see the answer key)

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