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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 6-7.

Multiple Choice Questions

1. What word from Chapter 5 derives from German and describes an all-motorized force concentration of tanks, infantry, artillery, combat engineers and air power?
(a) Blitzkrieg
(b) Kamikaze
(c) Shock-and-awe
(d) Assassination

2. Who did Hank Paulson succeed as Chief Executive of Goldman Sachs?
(a) Jamie Dimon
(b) David Einhorn
(c) Gerald Donini
(d) Jon Corzine

3. According to the author in Chapter 1, Henry Paulson called and informed Dick Fuld that Bear Stearns collapsed and would be bought by what investment company?
(a) JP Morgan
(b) Merrill Lynch
(c) Citigroup
(d) Goldman Sachs

4. Who did Scott Friedheim believe to be responsible for the leak to the Wall Street Journal in Chapter 6?
(a) Sheila Bair
(b) Erin Callan
(c) Kerrie Cohen
(d) Margaret Law

5. Dick Fuld was the CEO of what global financial services firm in March, 2008?
(a) JP Morgan
(b) Wells Fargo
(c) Lehman Brothers
(d) Greenlight Capital

Short Answer Questions

1. Gerald Donini asserts when speaking with Jim Cramer in Chapter 5 that he felt the real problem in the marketplace wasn’t short-selling, but what?

2. Who did John Thain replace in his position as CEO in 2007, as described by the author in Chapter 7?

3. By what nickname is Warren Buffett known in the financial world?

4. Dick Fuld and who called Warren Buffett to ask him to consider investing in Lehman Brothers, according to the author in Chapter 2?

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

(see the answer key)

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