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| Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 16-17.
Multiple Choice Questions
1. What was the Chairman of the Board of AIG’s outside law firm in Chapter 8?
(a) Stephens, Jones, and Thompson
(b) Simpson Thacher & Bartlett
(c) Michaels, Frederick & Williams
(d) Richards, Abbot & James
2. 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) $100 billion
(b) $200 billion
(c) $300 billion
(d) $500 billion
3. Greg Curl informed Hank Paulson that Bank of America would agree to the deal regarding Lehman Brothers only if the government was willing to take how much of losses on Lehman’s assets in Chapter 14?
(a) $40 billion
(b) $20 billion
(c) $30 billion
(d) $10 billion
4. Who was the head of communications at Lehman Brothers in Chapter 6?
(a) Jeremiah Norton
(b) Michael Cavanaugh
(c) Andrew Gowers
(d) Tony Ryan
5. At the end of Chapter 13, AIG went to Jamie Dimon of what banking institution with an urgent call for help?
(a) Merrill Lynch
(b) JP Morgan
(c) Berkshire Hathaway
(d) Morgan Stanley
Short Answer Questions
1. Who was the head of JP Morgan’s Consumer Business department, according to the author in Chapter 12?
2. On what morning does the author describe Jamie Dimon awakening after an emergency meeting at the Federal Reserve Bank of New York with a dozen of his rival Wall Street CEOs in the beginning of the Prologue?
3. What word in finance refers to the act of making loans to people who may have difficulty maintaining the repayment schedule?
4. What is the common name for the Federal Home Loan Mortgage Corporation?
5. Who was described by the author in Chapter 14 as Bank of America’s President of Global Corporate and Investment Banking?
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This section contains 307 words (approx. 2 pages at 300 words per page) |
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