View a FREE sample

This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. From which hedge fund mogul had Scott Friedheim recently bought a black GMC Denali outfitted with internet access and a chauffeur in Chapter 6?
(a) David Einhorn
(b) Michael Bloomberg
(c) Eddie Lampert
(d) Cornelius Vander Starr

2. On the heels of David Einhorn’s campaign against Lehman Brothers, Lehman’s stock had fallen how much since Einhorn’s speech in May, according to the author in Chapter 6?
(a) 12.5%
(b) 37.2%
(c) 31.0%
(d) 22.6%

3. 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?
(a) Iceland
(b) England
(c) China
(d) India

4. According to the author in Chapter 3, Bob Steel knew he would face scrutiny from which U.S. senator who opposed government intervention in the markets?
(a) Senator Lisa Murkowski
(b) Senator Jay Rockefeller
(c) Senator Daniel Akaka
(d) Senator Jim Bunning

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?
(a) Silver
(b) Cash
(c) Platinum
(d) Gold

6. When was Warren Buffett born?
(a) 1925
(b) 1930
(c) 1918
(d) 1941

7. According to the author in Chapter 1, Henry Paulson called and informed Dick Fuld that Bear Stearns collapsed and would be bought by what investment company?
(a) Merrill Lynch
(b) Goldman Sachs
(c) Citigroup
(d) JP Morgan

8. In 2008, AIG had grown into one of the world’s largest financial companies, with a market value of just under how much?
(a) $125 billion
(b) $35 billon
(c) $80 billion
(d) $50 billion

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

10. Where was Hank Paulson born?
(a) Knoxville, TN
(b) Billings, MT
(c) Palm Beach, FL
(d) Des Moines, IA

11. By what name is the regulation that “had been introduced by the Securities and Exchange Commission in 1938 to prevent investors from continually shorting a stock that was falling” called?
(a) The downdraft rule
(b) The salvation rule
(c) The uptick rule
(d) The cutback rule

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

13. Who was the Chief of Staff at Goldman Sachs in Chapter 9?
(a) John F. Rogers
(b) Gerald Donini
(c) Jon Corzine
(d) Martin Sullivan

14. 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) June 4, 2008
(c) February 17, 2007
(d) July 8, 2007

15. Who was Bob Willumstad’s partner in starting a private-equity fund after he left Citigroup?
(a) Scott Friedheim
(b) Sandy Weill
(c) Gerald Donini
(d) Marge Magner

Short Answer Questions

1. With what country had Dick Fuld been working for a month to secure capital for Lehman in Chapter 6?

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

3. What word from Chapter 5 derives from German and describes an all-motorized force concentration of tanks, infantry, artillery, combat engineers and air power?

4. Where was the hedge fund Peloton based?

5. Warren Buffett is the primary shareholder, chairman and CEO of what American multinational conglomerate holding company?

(see the answer keys)

This section contains 514 words (approx. 2 pages at 300 words per page) View a FREE sample