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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 2-3.

Multiple Choice Questions

1. Who was the Chairman of the Federal Reserve in 2008?
(a) Jon Corzine
(b) Ben Bernanke
(c) Michael Bloomberg
(d) Jim Bunning

2. Jamie Dimon told Hank Paulson that JP Morgan had upped its offer from $2 per share to what in Chapter 2?
(a) $9 per share
(b) $16 per share
(c) $10 per share
(d) $4 per share

3. Jamie Dimon was the Chief Executive Officer of what banking and financial services holding company in 2008?
(a) Merrill Lynch
(b) JP Morgan
(c) Chemical Bank
(d) Wachovia

4. Where was Dick Fuld born?
(a) Chicago, IL
(b) New Orleans, LA
(c) New York, NY
(d) Dallas, TX

5. What was Dick Fuld nicknamed on Wall Street for his competitive nature?
(a) Hyena
(b) Bear
(c) Shark
(d) Gorilla

Short Answer Questions

1. On what date did Lehman Brothers release its earnings report for the first quarter of 2008?

2. What refers to a security interest in real property held by a lender as a security for a debt?

3. Who was Dick Fuld’s mentor at the global financial services firm where he began working and later led the company for much of his career?

4. When was Warren Buffett born?

5. According to the author in Chapter 3, Bob Steel knew he would face scrutiny from which U.S. senator who opposed government intervention in the markets?

(see the answer key)

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