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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 16-17.

Multiple Choice Questions

1. As part of the plan for dealing with AIG’s problems, Bob Willumstad would be replaced as CEO of AIG by who, according to the author in Chapter 16?
(a) Ed Liddy
(b) Lewis Glucksman
(c) Eliot Spitzer
(d) Robert Scully

2. According to the author in Chapter 5, Jim Cramer, a media star, was solidly Harvard and counted as one of his best friends which individual called “the bane of Wall Street”?
(a) Eliot Spitzer
(b) Jim Cracchiolo
(c) Ron Beller
(d) Kevin Warsh

3. Jim Cramer was a popular television celebrity with an influential financial program on what network, according to the author in Chapter 5?
(a) ABC
(b) CNN
(c) CNBC
(d) FOX

4. Who was described as Hank Paulson’s adversary on the Senate Banking Committee in Chapter 10?
(a) Jim Wilkinson
(b) David Faber
(c) David Goldfarb
(d) Jim Bunning

5. Who complained to Henry Paulson that short sellers were spreading false rumors to drive the panic after the government’s intervention with AIG in Chapter 17?
(a) Sandy Weill
(b) John Mack
(c) Martin Sullivan
(d) Marge Magner

Short Answer Questions

1. Bart McDade and Skip McGee from Lehman Brothers met with whom from KDB to hammer out a deal in Chapter 11?

2. Jim Cracchiolo was described as the head of what institution in Chapter 17?

3. Who was the Assistant Secretary for Financial Markets of the Treasury in Chapter 11?

4. Bob Steel called which old friend at Barclays Bank in London to ask if Barclays might be interested in purchasing Lehman in Chapter 4?

5. Who was described as the Managing Director of Westwood Capital LLC in Chapter 11?

(see the answer key)

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