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

Multiple Choice Questions

1. What critic for Architecture Magazine, wrote of the New York Federal Reserve Building in 1927 that the three-year-old building had “a quality which, for lack of a better word, I can best describe as epic”?
(a) Margaret Law
(b) Gao Xiqing
(c) Vikram Pandit
(d) Jean-Claude Trichet

2. What does FDIC stand for?
(a) Federal Denomination Investment Clause
(b) Financial Deposit Insurance Company
(c) Federal Deposit Insurance Corporation
(d) Fiscal Depreciation Investment Corporation

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

4. With whom did Dick Fuld meet along with the board of Morgan Stanley in order to find a lifeline for Lehman Brothers in Chapter 10?
(a) Colm Kelleher
(b) John Mack
(c) Rick Waddell
(d) Jim Cracchiolo

5. Jim Cracchiolo was described as the head of what institution in Chapter 17?
(a) Morgan Stanley
(b) Ameriprise
(c) Greenlight Capital
(d) Brysam Global Partners

6. After much analysis, it was determined that after putting up all of its available assets for a short term loan, AIG would still be short by how much in Chapter 16?
(a) $30-40 billion
(b) $50-60 billion
(c) $75-100 billion
(d) $10-20 billion

7. Who was described as Hank Paulson’s adversary on the Senate Banking Committee in Chapter 10?
(a) Jim Bunning
(b) David Faber
(c) David Goldfarb
(d) Jim Wilkinson

8. 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) Rick Waddell
(b) Kevin Warsh
(c) Jeb Mason
(d) Brian Moynihan

9. What British heist movie does the author describe Dick Fuld and the Lehman team watching as they returned from Seoul in Chapter 11?
(a) Dog Day Afternoon
(b) The Bank Job
(c) Rififi
(d) Snatch

10. Who was the Assistant Secretary for Financial Markets of the Treasury in Chapter 11?
(a) Ron Beller
(b) Bob Steel
(c) Anthony Ryan
(d) Lloyd Blankfein

11. John Thain thought in Chapter 14 as he pulled up to the New York Federal Reserve Building that the last time he’d been there was during the rescue of Long-Term Capital Management in what year?
(a) 2005
(b) 1998
(c) 2001
(d) 1993

12. Who was described by the author in Chapter 14 as Bank of America’s President of Global Corporate and Investment Banking?
(a) John F. Rogers
(b) Eddie Lampert
(c) Bob Diamond
(d) Brian Moynihan

13. Who is described in Chapter 11 as the Vice Chairman of Global Capital Markets at Morgan Stanley?
(a) Hank Greenberg
(b) Daniel A. Simkowitz
(c) Eliot Spitzer
(d) Lewis Glucksman

14. What is the address of the New York Federal Reserve Building?
(a) 13 Wealth Boulevard
(b) 76 Justice Road
(c) 33 Liberty Street
(d) 1600 Pennsylvania Avenue

15. Bart McDade and Skip McGee from Lehman Brothers met with whom from KDB to hammer out a deal in Chapter 11?
(a) Vikram Pandit
(b) Min Euoo Song
(c) Gao Xiqing
(d) Jun Kwang-woo

Short Answer Questions

1. Henry Paulson announced his plan to stop the market panic in Chapter 18. This plan was called TARP, which stands for what?

2. During the meeting of the top bankers at the New York Federal Reserve Building in Chapter 14, the bankers quickly renamed the company called SpinCo as what?

3. According to the author in Chapter 15, what banking institution was still interested in the broker-dealer part of Lehman, and everyone thought a deal was all but completed until they heard news otherwise?

4. In Chapter 16, who called JP Morgan and Goldman Sachs to come meet with the other Wall Street leaders to look at a solution for the AIG problem?

5. At the end of Chapter 13, AIG went to Jamie Dimon of what banking institution with an urgent call for help?

(see the answer keys)

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