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Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 6-7.
Multiple Choice Questions
1. Who agreed to a $5 million dollar deal with Michael Burry in Chapter 2?
(a) Bank of America.
(b) Cornwall Capital Management.
(c) Scion Capital
(d) Goldman Sachs.
2. In Michael Burry's first credit default swap, he bought how many bonds?
(a) 6.
(b) 10.
(c) 15.
(d) 12.
3. During their research, Ledley and Mai discovered that many CDOs were comprised of triple-B rated mortgages being sold as what?
(a) Triple-A.
(b) Double-C.
(c) Triple-C.
(d) Double-B.
4. Gene Park discovered that the CDSs being sold by his company contained more what than anyone knew?
(a) Precious metals.
(b) Subprime mortgage bonds.
(c) Car loans.
(d) Grain futures.
5. What does FINRA stand for?
(a) Fiscal Investment Recovery Act.
(b) Future Inverstment Reparations Act.
(c) Fiscal Imaginaton Repression Agency.
(d) Financial Industry Regulatory Authority, Inc.
Short Answer Questions
1. Who from Deutsche Bank asked if they could buy the swaps back from Michael Burry in Chapter 2?
2. Who was Gene Park's boss in Chapter 4?
3. The first night of the conference in Chapter 6, Steve Eisman was seated next to a man named what?
4. What did Michael Burry study in college?
5. Who began taking the bottom tranches of their mortgage bonds and packaging them together to create CDOs in Chapter 3?
This section contains 211 words (approx. 1 page at 300 words per page) |
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