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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 8-9.
Multiple Choice Questions
1. When did Scion Capital close business?
(a) 2007.
(b) 2006.
(c) 2008.
(d) 2009.
2. When was the conference for subprime mortgage bond salesmen and buyers in Chapter 6?
(a) June, 2004.
(b) January, 2007.
(c) May, 2008.
(d) August, 2008.
3. In 2007, Meredith Whitney announced that what company had so mismanaged its affairs that it would slash its dividend or crash?
(a) Citigroup.
(b) Salomon Brothers.
(c) The Fitch Group.
(d) Gotham Capital.
4. 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) Eismann, Burry, and Hockett.
(b) Mai and Hockett.
(c) Ledley and Eismann.
(d) Ledley, Mai, and Hockett.
5. Where was the conference for subprime mortgage bond salesmen and buyers in Chapter 6?
(a) New York.
(b) Miami.
(c) Las Vegas.
(d) Chicago.
Short Answer Questions
1. What refers to a cumulative number that suggests a consumer's credit risk?
2. On what date did the head of the International Monetary Fund warn that the world financial system was teetering on the "brink of systemic meltdown"?
3. What are bonds that are made up of mortgages sold to consumers by banks?
4. What refers to loans made to customers with less than perfect credit?
5. At the conference in Chapter 6, Charlie Ledley found himself being courted by what company and chiefly ignored by most of the other conference attendees?
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This section contains 231 words (approx. 1 page at 300 words per page) |
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