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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. In Chapter 3, soon all the CDSs AIG FP sold consisted primarily of what?
(a) Gold and silver.
(b) Subprime mortgages.
(c) Pork futures.
(d) Auto loans.

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

3. At the conference in Chapter 6, Charlie Ledley spoke a man from what company that would eventually do business with Ledley's hedge fund?
(a) Morgan Stanley.
(b) AIG FP.
(c) Bear Stearns.
(d) Wachovia.

4. Who was the head of the surveillance department at Moody in Chapter 7?
(a) Greg Lippman.
(b) Lewis Ranieri.
(c) Vincent Daniel.
(d) Ernestine Warner.

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

Short Answer Questions

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

2. What does the SEC refer to?

3. What is often referred to as a form of insurance that protects a lender if a borrower of capital defaults on a loan?

4. Where is Morgan Stanley headquartered?

5. During their research, Ledley and Mai discovered that many CDOs were comprised of triple-B rated mortgages being sold as what?

(see the answer key)

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