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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 20 and Epilogue.

Multiple Choice Questions

1. What was referred to as “the good bank-bad bank plan” that McDade was thinking of announcing in Chapter 12?
(a) The SupCo plan
(b) The derivatives plan
(c) The TARP plan
(d) The SpinCo plan

2. Who was the founder of the company that would become AIG?
(a) Cornelius Vander Starr
(b) Warren Buffett
(c) Michael Bloomberg
(d) Jamie Dimon

3. Freddie Mac had a reported loss of how much in the morning when Henry Paulson met with the top bankers at the Treasury building in Chapter 11?
(a) $697 million
(b) $558 million
(c) $461 million
(d) $821 million

4. Who was the Chief Financial Officer of Lehman Brothers that presented the earnings report for the first quarter of 2008?
(a) Skip McGee
(b) Erin Callan
(c) David Einhorn
(d) Barry Zubrow

5. Who did Lloyd Blankfein make a call to in order to solicit investment in Goldman Sachs in Chapter 19?
(a) Timothy Geithner
(b) Warren Buffett
(c) Michael Bloomberg
(d) Ben Bernanke

Short Answer Questions

1. 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”?

2. 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?

3. When did FAS 157 become effective?

4. What does AIG stand for?

5. In 2008, AIG had grown into one of the world’s largest financial companies, with more than how much worth of assets on its books?

(see the answer key)

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