View a FREE sample

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

Multiple Choice Questions

1. Asperger's syndrome differs from other autistic disorders by its relative preservation of development in what areas?
(a) Coordination and Linguistic.
(b) Cognitive and spacial.
(c) Linguistic and cognitive.
(d) Linguistic.

2. What mortgage lender did an Oppenheimer banker obtain information on from Steve Eisman in Chapter 1?
(a) Bear Stearns.
(b) Aames Financial.
(c) Citigroup.
(d) Gotham Capital.

3. After Eisman's published report, there were no more public subprime mortgage lenders by what year, as described in Chapter 1?
(a) 2002.
(b) 2006.
(c) 2004.
(d) 2007.

4. John Gutfreund turned what company from a private partnership into a publicly traded corporation?
(a) Oppenheimer and Co.
(b) Lehman Brothers.
(c) Salomon Brothers.
(d) Bear Sterns.

5. In Chapter 7, Eisman not only bought the CDOs offered by Lippmann, but he also began to short who?
(a) The London banks involved with the bonds.
(b) The SEC.
(c) The Wall Street banks involved in these bonds.
(d) The Federal Reserve.

Short Answer Questions

1. Who had the bright idea to set up a fund to sue the rating companies whom they blamed for the fiasco in Chapter 10?

2. In Chapter 9 the author writes that it became apparent that no one at Morgan Stanley fully understood the CDO deals, including who?

3. When was Eisman invited to make a speech to support a quickly flagging Wall Street firm in Chapter 10?

4. How old was Charlie Ledley when he moved to California to create a hedge fund?

5. Meredith Whitney was an analyst of financial firms for what company in 2007?

(see the answer key)

This section contains 247 words (approx. 1 page at 300 words per page) View a FREE sample