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

Multiple Choice Questions

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

2. According to the author in Chapter 5, Dick Fuld “said that he had become convinced that two of the nation’s most powerful financiers were largely responsible for both the short raid and rumor mongering.” Who were these financiers?
(a) Lloyd Blankfein and Andrew Gowers
(b) Steven A. Cohen and Kenneth C. Griffin
(c) Dan Alpert and Bart McDade
(d) David Goldfarb and Scott Friedheim

3. Hank Paulson and his staff prepared a secret plan for how to deal with the situation in Chapter 4. Their plan proposed that should the banks fail, the Treasury Department would purchase up to how many of the bad assets of the banks in order to stabilize the market?
(a) $500 billion
(b) $200 billion
(c) $300 billion
(d) $100 billion

4. From which hedge fund mogul had Scott Friedheim recently bought a black GMC Denali outfitted with internet access and a chauffeur in Chapter 6?
(a) David Einhorn
(b) Cornelius Vander Starr
(c) Michael Bloomberg
(d) Eddie Lampert

5. Timothy Geithner worked for the Treasury Department and what organization prior to his appointment as President of the Federal Reserve Bank of New York?
(a) The Bank of Rome
(b) The Bank of Berlin
(c) The International Monetary Fund
(d) The World Bank

Short Answer Questions

1. Who was Dick Fuld’s Chief Strategy Officer in Chapter 6?

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

3. Dick Fuld expressed his belief that Lehman Brothers was under attack by what in Chapter 4?

4. When was Warren Buffett born?

5. What was the name of Lehman Brothers’ bomb-sniffing Labrador described in Chapter 5?

(see the answer key)

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