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

Multiple Choice Questions

1. The first night of the conference in Chapter 6, Steve Eisman found himself attending a dinner thrown by what company?
(a) Oppenheimer and Co.
(b) Deutsche Bank.
(c) Moody's.
(d) Wachovia.

2. What is often referred to as a form of insurance that protects a lender if a borrower of capital defaults on a loan?
(a) FICO Scores.
(b) Credit default swap.
(c) Collateral debt obligation.
(d) Tranches.

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

4. Who was Gene Park's boss in Chapter 4?
(a) John Weatherfield.
(b) Amos Robinson.
(c) Theodore Williams.
(d) Joe Cassano.

5. With Ben Hockett's help, Cornwall received a contract which allowed them to buy what?
(a) CDSs.
(b) CDOs.
(c) ISDAs.
(d) FICOs.

Short Answer Questions

1. Who is the 29th chairperson of the SEC?

2. In a short time, Michael Burry had credit default swaps worth what in subprime mortgage bonds in Chapter 2?

3. What is the title of Chapter 9?

4. Where was the conference for subprime mortgage bond salesmen and buyers in Chapter 6?

5. 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"?

(see the answer key)

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