The Big Short: Inside the Doomsday Machine Quiz | Eight Week Quiz E

Michael Lewis (author)
This set of Lesson Plans consists of approximately 132 pages of tests, essay questions, lessons, and other teaching materials.
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The Big Short: Inside the Doomsday Machine Quiz | Eight Week Quiz E

Michael Lewis (author)
This set of Lesson Plans consists of approximately 132 pages of tests, essay questions, lessons, and other teaching materials.
Buy The Big Short: Inside the Doomsday Machine Lesson Plans
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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 6-7.

Multiple Choice Questions

1. Michael Burry worked as a resident in what field in Chapter 2?
(a) Optometry.
(b) Neurology.
(c) Proctology.
(d) Cardiology.

2. With how much capital did Charlie Ledley and his partner begin a hedge fund in Chapter 5?
(a) $75,000.
(b) $40,000.
(c) $110,000.
(d) $60,000.

3. The alterations to bond ratings made by mortgage lenders in Chapter 4 led to such things as lending how much money to a migrant worker who made only $14,000 a year?
(a) $150 thousand.
(b) $350 thousand.
(c) $700 thousand.
(d) $500 thousand.

4. For what company did Ben Hockett work when he met Jamie Mai?
(a) AIG FP.
(b) Standard & Poor's.
(c) Deutsche Bank.
(d) Oppenheimer and Co.

5. What is the title of Chapter 7?
(a) Gathering Eggs.
(b) The Great Treasure Hunt.
(c) The Gold Rush.
(d) Money Wonders.

Short Answer Questions

1. At what age was Michael Lewis when he was shocked that Wall Street would allow him to buy and sell stocks, as described in the Prologue?

2. With the creation of ______, mortgage companies became inspired to grow quickly and offer a great many loans to customers.

3. What refers to loans made to customers with less than perfect credit?

4. Analysts from where revealed to Eisman that no one truly understood these CDOs in Chapter 6?

5. What mortgage lender did an Oppenheimer banker obtain information on from Steve Eisman in Chapter 1?

(see the answer key)

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