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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. Asperger's syndrome differs from other autistic disorders by its relative preservation of development in what areas?
2. For what quickly flagging Wall Street firm was Eisman invited to make a speech in Chapter 10?
3. Cornwall Capital Management ended with more than how much in CDOs in Chapter 7?
4. In Chapter 7, Eisman came to the conclusion that none of the banks dealing in CDSs and CDOs really appreciated the disaster awaiting them because of what?
5. Who was the head of Salomon Brothers' mortgage department in the 1980s and featured in the book Liar's Poker?
Short Essay Questions
1. What did Steve Eisman find himself drawn to at the conference in Chapter 6? Why?
2. What conclusion did Steve Eisman reach regarding the CDSs and CDOs in Chapter 7?
3. What impact did the conference have on Cornwall Capital Management in Chapter 7?
4. What took place as Steve Eisman gave a speech in Chapter 10?
5. What did Charlie Ledley and Michael Burry do in the aftermath of the market disaster in Chapter 10?
6. Who took the hardest hit from the mortgage crisis, according to the author in his conclusion of the book?
7. Why did Mike Burry's reports to investors appear bleak in Chapter 8?
8. When did Howie Hubler disappear? How much did Morgan Stanley lose from his actions?
9. What actions from the 1980s does the author describe as leading up to the mortgage crisis in the Epilogue?
10. Who courted Charlie Ledley at the conference in Chapter 6? What was Ledley's objective at the conference?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Describe the personality of Steve Eisman as detailed in the book. What characteristics made Eisman fit for the world of Wall Street?
Essay Topic 2
Describe FICO and the role of rating systems in the mortgage crisis. From whom did Eisman make the discoveries about the ratings companies?
Essay Topic 3
Describe the conversation between Wing Chau and Steve Eisman in Chapter 6 and analyze the synthesized CDOs discussed. What does this information reveal?
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This section contains 961 words (approx. 4 pages at 300 words per page) |
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