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Name: _________________________ | Period: ___________________ |
This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.
Multiple Choice Questions
1. During the first six months of what year did Mike Burry find himself struggling with his investors in Chapter 8?
(a) 2002.
(b) 1999.
(c) 1996.
(d) 2007.
2. The top bond traders of the 1980s called themselves by what nickname, becoming inspiration for the books The Bonfire of the Vanities and Liar's Poker?
(a) "Men in Black".
(b) "Wall Street Men".
(c) "The Doctor Zivagos".
(d) "Big Swinging Dicks".
3. What does NASD stand for?
(a) Numerical Assembly of Securities Dealers.
(b) National Association of Securities Dealers.
(c) Native Association of Stock Dealers.
(d) National Assembly of Stock Dealers.
4. A percentage of FrontPoint was owned by what major investment firm?
(a) Morgan Stanley.
(b) Wachovia.
(c) Citigroup.
(d) Merrill Lynch.
5. For what quickly flagging Wall Street firm was Eisman invited to make a speech in Chapter 10?
(a) Citigroup.
(b) Merrill Lynch.
(c) Wachovia.
(d) Bear Sterns.
Short Answer Questions
1. How much did Cornwall Capital Management make from selling its CDOs in Chapter 9?
2. The first night of the conference in Chapter 6, Steve Eisman was seated next to a man who was a CDO manager for what company?
3. When was the conference for subprime mortgage bond salesmen and buyers in Chapter 6?
4. When was Eisman invited to make a speech to support a quickly flagging Wall Street firm in Chapter 10?
5. Cornwall Capital Management ended with more than how much in CDOs in Chapter 7?
Short Essay Questions
1. How much did Mike Burry make from his CDSs in Chapter 9? What was his outcome?
2. When did Howie Hubler disappear? How much did Morgan Stanley lose from his actions?
3. What took place as Steve Eisman gave a speech in Chapter 10?
4. Who courted Charlie Ledley at the conference in Chapter 6? What was Ledley's objective at the conference?
5. What did Morgan Stanley offer Howie Hubler in Chapter 9?
6. What conclusion did Steve Eisman reach regarding the CDSs and CDOs in Chapter 7?
7. Who took the hardest hit from the mortgage crisis, according to the author in his conclusion of the book?
8. Who did Steve Eisman meet at the dinner held by Deutsche Bank in Chapter 6? What did he learn?
9. Why did Mike Burry's reports to investors appear bleak in Chapter 8?
10. What information did Steve Eisman discover about the rating companies in Chapter 7?
This section contains 929 words (approx. 4 pages at 300 words per page) |
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