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

Multiple Choice Questions

1. After the conference in Chapters 6 and 7, who began buying millions of CDOs, anxious to buy as many as they could before it was too late?
(a) Mai and Hockett.
(b) Eismann, Burry, and Hockett.
(c) Ledley and Eismann.
(d) Ledley, Mai, and Hockett.

2. What Chinese national who came in second in a math competition in China accompanied Greg Lippmann in Chapter 3?
(a) Michael Oher.
(b) Meredith Whitney.
(c) Euguene Xu.
(d) Steve Eisman.

3. Where did Steve Eisman's wife threaten to move to and raise chickens in Chapter 1?
(a) Delaware.
(b) Rhode Island.
(c) Maine.
(d) Vermont.

4. In Chapter 5, Charlie Ledley and Jamie Mai continued to make risky investments until they had grown their investment company to how much?
(a) $10 million.
(b) $200 million.
(c) $75 million.
(d) $30 million.

5. In what year did Steve Eisman stop working as an analyst and start his own hedge fund?
(a) 1997.
(b) 1992.
(c) 1988.
(d) 2004.

Short Answer Questions

1. The sale of CDSs grew AIG FP so quickly that it provided what percent of AIG's profits in Chapter 3?

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

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

4. In Chapter 6, Eisman realized that the CDO manager sitting next to him was selling CDOs that were synthesized from what?

5. What are bonds that are made up of mortgages sold to consumers by banks?

(see the answer key)

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