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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 16-17.

Multiple Choice Questions

1. How much was oil going for per barrel according to the author in Chapter 9?
(a) $140
(b) $98
(c) $163
(d) $85.

2. 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 Berlin
(b) The World Bank
(c) The Bank of Rome
(d) The International Monetary Fund

3. According to the author in Chapter 14, beneath the New York Federal Reserve Building lies a three-level vault that holds more than how much money’s worth of gold?
(a) $100 billion
(b) $10 billion
(c) $30 billion
(d) $60 billion

4. On what date does the author describe Dick Fuld holding a copy of the Wall Street Journal with an article on page C1 that was deemed by him “the worst betrayal of my career” in Chapter 6?
(a) January 25, 2008
(b) February 17, 2007
(c) June 4, 2008
(d) July 8, 2007

5. 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) Public relations
(c) Wealth accumulation
(d) Offshore investments

Short Answer Questions

1. Who did John Thain replace in his position as CEO in 2007, as described by the author in Chapter 7?

2. What reporter wrote the story about Lehman that he described in Chapter 6 as “the worst betrayal of my career”?

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

4. After the weekend of meetings of the top bankers and the Fed, they were told that no solution had been found and that the government strongly urged Lehman Brothers to do what in Chapter 15?

5. How old was Scott Friedheim described by the author in Chapter 6?

(see the answer key)

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