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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 10 and Epilogue.

Multiple Choice Questions

1. What refers to loans made to customers with less than perfect credit?
(a) Subprime.
(b) CDS's.
(c) High interest.
(d) Gambles.

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

3. With how much capital did Charlie Ledley and his partner begin a hedge fund in Chapter 5?
(a) $110,000.
(b) $75,000.
(c) $60,000.
(d) $40,000.

4. With Ben Hockett's help, Cornwall received what contract?
(a) JRCA.
(b) CDO.
(c) BYR.
(d) ISDA.

5. For what quickly flagging Wall Street firm was Eisman invited to make a speech in Chapter 10?
(a) Citigroup.
(b) Bear Sterns.
(c) Merrill Lynch.
(d) Wachovia.

Short Answer Questions

1. In Chapter 4, AIG FP did not get whose message as he assumed they had?

2. What is the central banking system of the United States?

3. Howie Hubler decided to find a way to bet against mortgage bonds and in doing so began forming what, which he sold to what he thought were ignorant investors?

4. In Michael Burry's first credit default swap, he bought how many bonds?

5. When did Morgan Stanley purchase Smith Barney from Citigroup?

(see the answer key)

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