|
| Name: _________________________ | Period: ___________________ |
This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.
Multiple Choice Questions
1. Michael Burry worked as a resident in what field in Chapter 2?
(a) Proctology.
(b) Cardiology.
(c) Neurology.
(d) Optometry.
2. How old was Charlie Ledley when he moved to California to create a hedge fund?
(a) 27.
(b) 18.
(c) 30.
(d) 21.
3. Gene Park worked for what company in Chapter 4?
(a) FrontPoint.
(b) Wachovia.
(c) AIG FP.
(d) Standard & Poor's.
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?
(a) Capital One Financial.
(b) Cornwall Capital Management.
(c) Oppenheimer and Co.
(d) Deutsche Bank.
5. Steve Eisman's team discovered in Chapter 4 that the mortgage lenders were using what to alter the rating of their bonds?
(a) Bad math.
(b) Hackers.
(c) FICO scores.
(d) Insider trading.
Short Answer Questions
1. When was Michael Lewis born?
2. In finance, what occurs when a debtor has not met his or her legal obligations according to the debt contract?
3. Meredith Whitney was an analyst of financial firms for what company in 2007?
4. In Chapter 3, soon all the CDSs AIG FP sold consisted primarily of what?
5. What was Michael Lewis' first book?
Short Essay Questions
1. How do stocks and bonds differ in trading?
2. How did Steve Eisman come to work for Oppenheimer Co.? How is he described?
3. With whom did Charley Ledley work in New York? What individual did he meet from Berkeley, California in Chapter 5?
4. What patterns did Steve Eisman's team discover in mortgage trading in Chapter 4?
5. What intrigued Steve Eisman about CDSs in Chapter 3?
6. Who was the only person at AIG FP to investigate the company's CDSs in Chapter 4? What did he discover?
7. How are AIG FP's actions described in Chapter 3?
8. What important individuals and concepts are introduced in Chapter 1?
9. How did Greg Lippmann believe he could make a fortune in the subprime mortgage industry in Chapter 3?
10. What did Steve Eisman discover about Household Finance Corporation in Chapter 1?
|
This section contains 871 words (approx. 3 pages at 300 words per page) |
|



