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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. In Chapter 6, Eisman realized that the CDO manager sitting next to him was selling CDOs that were synthesized from what?
2. At the conference in Chapter 6, Charlie Ledley found himself being courted by what company and chiefly ignored by most of the other conference attendees?
3. John Gutfreund turned what company from a private partnership into a publicly traded corporation?
4. 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?
5. How much ownership was Howie Hubler over his own company in the deal in Chapter 9?
Short Essay Questions
1. What role did Ben Hockett play in the success of Cornwall Capital Management?
2. What did Steve Eisman find himself drawn to at the conference in Chapter 6? Why?
3. Who courted Charlie Ledley at the conference in Chapter 6? What was Ledley's objective at the conference?
4. What impact did the conference have on Cornwall Capital Management in Chapter 7?
5. What investors did Scion Capital face losing in Chapter 8? Why?
6. What took place as Steve Eisman gave a speech in Chapter 10?
7. What did Morgan Stanley offer Howie Hubler in Chapter 9?
8. What would have caused most of the Wall Street banks to fail, according to the author in Chapter 10?
9. What did Charlie Ledley and Michael Burry do in the aftermath of the market disaster in Chapter 10?
10. When did Howie Hubler disappear? How much did Morgan Stanley lose from his actions?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Describe the conversation between Wing Chau and Steve Eisman in Chapter 6 and analyze the synthesized CDOs discussed. What does this information reveal?
Essay Topic 2
Define and discuss CDSs and CDOs. How many different mortgage bonds comprise a CDO and from what tranches are they chosen?
Essay Topic 3
Discuss Cornwall Capital Management in comparison with Scion and FrontPoint. How did each of these companies compare in terms of assets and investors?
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This section contains 945 words (approx. 4 pages at 300 words per page) |
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