View a FREE sample

This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. What was the name of Lehman Brothers’ bomb-sniffing Labrador described in Chapter 5?
(a) Tenaya
(b) Bella
(c) Sassy
(d) Ducky

2. Hank Paulson joined Goldman Sachs covering large industrial companies in the Midwest in what year?
(a) 1967
(b) 1980
(c) 1971
(d) 1974

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

4. 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) China
(c) India
(d) England

5. Jamie Dimon was the Chief Executive Officer of what banking and financial services holding company in 2008?
(a) Chemical Bank
(b) Merrill Lynch
(c) Wachovia
(d) JP Morgan

Short Answer Questions

1. Where did Hank Paulson earn his B.A. in English?

2. Who was the founder of the company that would become AIG?

3. Dick Fuld had been pressing what old friend and former Chairman of AIG to put money into Lehman Brothers in Chapter 6?

4. The hedge fund Peloton had been started by what former Goldman executive, according to the author in Chapter 5?

5. Dick Fuld was the CEO of what global financial services firm in March, 2008?

Short Essay Questions

1. How was Lehman Brothers impacted by the news of Bear Stearns’ collapse, according to the author in Chapter 1? What actions did the company take?

2. What was Hank Paulson’s first concern regarding the possibility of failure of Lehman Brothers, according to the author in Chapter 4?

3. Who did Bob Steel contact to discuss the Lehman Brothers problem in Chapter 4? What response did he get?

4. What suggestion did Hank Paulson make to Dick Fuld regarding Lehman Brothers’ holdings in Chapter 2? How did Fuld respond?

5. How did Henry Paulson come about encountering the Goldman Sachs executives in Chapter 9?

6. How does the author describe John Thain’s rise in the financial world in Chapter 7?

7. Why did Dick Fuld meet with other Lehman executives and Jim Cramer in Chapter 5? How did this meeting turn out?

8. What advice did Skip McGee give to Dick Fuld in Chapter 6? How did Fuld respond?

9. How was Hank Paulson’s rise to the post of Treasury Secretary described in Chapter 2?

10. Who was let go from Lehman Brothers during an executive committee meeting in Chapter 6?

(see the answer keys)

This section contains 895 words (approx. 3 pages at 300 words per page) View a FREE sample