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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 8-9.

Multiple Choice Questions

1. In Chapter 4, AIG FP did not get whose message as he assumed they had?
(a) Greg Lippmann's.
(b) Ben Hockett's.
(c) Ace Greenburg's.
(d) Michael Lewis'.

2. What is the title of Chapter 6?
(a) Wall Street Bigshot.
(b) Spider-Man at The Venetian.
(c) How to Harvest a Migrant Worker.
(d) Accidental Capitalists.

3. Morgan Stanley lost more than how much on Hubler's CDO deals, as described in Chapter 9?
(a) $5 billion.
(b) $4 billion.
(c) $3 billion.
(d) $9 billion.

4. Who agreed to a $5 million dollar deal with Michael Burry in Chapter 2?
(a) Cornwall Capital Management.
(b) Scion Capital
(c) Goldman Sachs.
(d) Bank of America.

5. 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) $500 thousand.
(c) $700 thousand.
(d) $350 thousand.

Short Answer Questions

1. With whose assistance did Steve Eisman publish a report outlining the bad practices of the subprime mortgage lender in Chapter 1?

2. Through the use of what, was Michael Burry guaranteed to only lose only the amount of the premium payments in Chapter 2?

3. What Chinese national who came in second in a math competition in China accompanied Greg Lippmann in Chapter 3?

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

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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