View a FREE sample

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

Multiple Choice Questions

1. Lloyd Blankfein was waiting to make a keynote address following whose speech in Chapter 14?
(a) Ben Bernanke’s
(b) Timothy Geithner’s
(c) Michael Bloomberg’s
(d) Arnold Swarzanegger’s

2. In the mid-1980s, Bob Willumstad was rising through the executive ranks of what financial corporation?
(a) Northern Trust
(b) Chemical Bank
(c) Barclays
(d) Westwood Capital LLC

3. John Mack at Morgan Stanley knew that his company had to find an investment partner to stay alive in Chapter 18. They had been looking at the books of what banking institution but were not enthusiastic about what they found?
(a) Wachovia
(b) Citigroup
(c) Bank of America
(d) Northern Trust

4. Who was described in Chapter 17 as “a thirty-eight-year-old governor at the Federal Reserve, whose office was a few doors down from Bernanke’s”?
(a) Jeb Mason
(b) Kevin Warsh
(c) Brian Moynihan
(d) Rick Waddell

5. Bob Willumstad had been asked by the board of AIG to replace whom as CEO in Chapter 8?
(a) Martin Sullivan
(b) Tony Ryan
(c) David Einhorn
(d) Eddie Lampert

Short Answer Questions

1. Hank Paulson and his staff prepared a secret plan for how to deal with the situation should Lehman or another large firm go bankrupt, or if several banks should begin to fail at once. Who did they present their plan to in a meeting described by Sorkin in Chapter 4?

2. According to the author in the Epilogue, “In early 2009 the Bank of America-Merrill Lynch merger became the subject of national controversy when B of A announced that it needed” how much in bailout money from the government?

3. Who did Dick Fuld contact at the Federal Reserve about Lehman Brothers possibly becoming a bank company in Chapter 10?

4. What word in finance refers to the act of making loans to people who may have difficulty maintaining the repayment schedule?

5. What was referred to as “the good bank-bad bank plan” that McDade was thinking of announcing in Chapter 12?

(see the answer key)

This section contains 336 words (approx. 2 pages at 300 words per page) View a FREE sample