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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. Gene Park discovered that the CDSs being sold by his company contained more what than anyone knew?
(a) Precious metals.
(b) Subprime mortgage bonds.
(c) Car loans.
(d) Grain futures.

2. Reluctant to lose out on what Michael Burry was convinced would be a profitable investment, what did he do with his CDSs to keep his investors from taking their money back in Chapter 8?
(a) Side pocketed them.
(b) Sold them.
(c) Released them.
(d) Bought them.

3. Steve Eisman discovered that what company was fraudulently selling fifteen year mortgages under the guise of thirty year mortgages?
(a) Salomon Brothers.
(b) Gotham Capital.
(c) The Fitch Group.
(d) Household Finance Corporation.

4. In his Epilogue, what does the author amount to billion dollar gifts paid for by the American people?
(a) The bond market.
(b) Government bailouts.
(c) Tax revenues.
(d) The national parks.

5. John Gutfreund openly blames Michael Lewis for what?
(a) Ruining his career.
(b) The market crash.
(c) The bubble bursting.
(d) His divorce.

Short Answer Questions

1. In Chapter 9, Lippmann gave Hubler several chances to back out of the deal at a loss, but Hubler continuously refused until finally settling with Deutsche Bank for more than how much?

2. As Steve Eisman's team investigated in Chapter 4, they found patterns in the people and states that what?

3. FrontPoint Partners is a subsidiary of what company?

4. What company did Charlie Ledley and Jamie Mai investigate because of some legal troubles, deciding that the legal trouble would blow over and their low stock would soon rally in Chapter 5?

5. In Chapter 5, Ledley and Mai bought multi-million dollar triple-A CDOs rather than the triple-B CDOs who had purchased?

(see the answer key)

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