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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 18-19.

Multiple Choice Questions

1. According to the author in Chapter 14, after the meeting at the New York Federal Reserve Building, “the Morgan Stanley bankers had two related tasks: self-preservation and” what?
(a) Helping the Fed
(b) Wealth accumulation
(c) Offshore investments
(d) Public relations

2. On what date did Lloyd Blankfein arrive in the city where the Goldman Sachs board meeting was to take place in Chapter 9?
(a) June 27, 2008
(b) November 16, 2008
(c) October 21, 2007
(d) March 4, 2007

3. Who did Dick Fuld ask to put in a word with the Korean bank for Lehman Brothers in Chapter 10?
(a) Greg Fleming
(b) Jim Wilkinson
(c) David Faber
(d) Hank Paulson

4. 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) $300 billion
(b) $100 billion
(c) $200 billion
(d) $500 billion

5. Where is Wells Fargo bank headquartered?
(a) Denver, CO
(b) San Francisco, CA
(c) Seattle, WA
(d) Phoenix, AZ

Short Answer Questions

1. What critic for Architecture Magazine, wrote of the New York Federal Reserve Building in 1927 that the three-year-old building had “a quality which, for lack of a better word, I can best describe as epic”?

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

3. Henry Paulson cut his meeting short with the bankers in Chapter 11 because he was going with his family to attend the Olympic Games where?

4. In what year did Hank Paulson become a partner at Goldman Sachs?

5. Who was described as the head of the FDIC in Chapter 12?

(see the answer key)

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