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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. What is the title of Chapter 6?
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. Morgan Stanley lost more than how much on Hubler's CDO deals, as described in Chapter 9?
4. Who was CEO of Morgan Stanley at the time Hubler was selling CDOs in Chapter 9?
5. How much money did Howie Hubler owe Deutsche Bank on the CDOs purchased from Hubler in Chapter 9?
Short Essay Questions
1. How did Michael Lewis begin his career as an author of financial books?
2. When did Howie Hubler disappear? How much did Morgan Stanley lose from his actions?
3. What did Charlie Ledley and Michael Burry do in the aftermath of the market disaster in Chapter 10?
4. How much did Mike Burry make from his CDSs in Chapter 9? What was his outcome?
5. Who took the hardest hit from the mortgage crisis, according to the author in his conclusion of the book?
6. Why did Mike Burry's reports to investors appear bleak in Chapter 8?
7. Who did Steve Eisman meet at the dinner held by Deutsche Bank in Chapter 6? What did he learn?
8. Why did Steve Eisman buy CDOs from Lippmann in Chapter 7?
9. What led Cornwall Capital Management to sell off their CDOs in Chapter 9? How much did they make?
10. Who attended the conference described in Chapter 6? Where was it held?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Discuss Eisman and Daniel's 1997 report and its conclusions about subprime mortgage lending. How did the market change after the report's publication?
Essay Topic 2
Describe Charlie Ledley, Jamie Mai, Cornwall Capital Management and Capital One Financial. What investments did Ledley and Mai make in establishing their company?
Essay Topic 3
Discuss Meredith Whitney, Oppenheimer and Co., and Citigroup. What market prediction brought great interest in Whitney?
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This section contains 893 words (approx. 3 pages at 300 words per page) |
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