View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 4-5.

Multiple Choice Questions

1. Bob Steel called which old friend at Barclays Bank in London to ask if Barclays might be interested in purchasing Lehman in Chapter 4?
(a) Bob Diamond
(b) Vikram Pandit
(c) Dan Alpert
(d) David Viniar

2. The assignment of Jamie Dimon and a dozen of his rival CEOs at the emergency meeting at the Federal Reserve Bank of New York was to come up with a plan to save what company, according to the author in the Prologue?
(a) Lehman Brothers
(b) Berkshire Hathaway
(c) Merrill Lynch
(d) JP Morgan

3. What title did Hank Paulson hold in 2008?
(a) United States Secretary of the Treasury
(b) United States Secretary of Education
(c) United States Secretary of the Interior
(d) United States Secretary of State

4. On what date did Lehman Brothers release its earnings report for the first quarter of 2008?
(a) April 1, 2009
(b) February 6, 2008
(c) June 22, 2008
(d) March 18, 2008

5. According to the author in Chapter 1, Henry Paulson called and informed Dick Fuld that Bear Stearns collapsed and that the U.S. Treasury had taken the step of backing how much in Bear Stearns assets to restore confidence in the market?
(a) $2 billion
(b) $30 billion
(c) $8 billion
(d) $15 billion

Short Answer Questions

1. Who did Dick Fuld choose as his right-hand-man when he became CEO of a leading global financial services firm?

2. Where was Dick Fuld visiting when he received an urgent call from Henry Paulson regarding the collapse of the fifth largest investment bank in the U.S., according to the author in Chapter 1?

3. Where was Hank Paulson born?

4. 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”?

5. With all eyes on Lehman after the Bear collapse, Hank Paulson suggested to Dick Fuld that it would be a good idea for Lehman to increase its holdings of what to shore up confidence in the bank?

(see the answer key)

This section contains 332 words (approx. 2 pages at 300 words per page) View a FREE sample