View a FREE sample

This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. Chapter 19 opens with the author’s description of what date?

2. Who was described by the author in Chapter 14 as Bank of America’s President of Global Corporate and Investment Banking?

3. What does KDB stand for?

4. 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?

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

Short Essay Questions

1. What was the purpose of the meeting between the government officials and top CEOs in Chapter 14?

2. What was the outcome after the bailout of AIG, according to the author in Chapter 17?

3. What were the conclusions that were found by the CEOs in Chapter 16? How did they report this news to Geithner?

4. What did Dick Fuld learn about the outcome of the governmental/CEO meeting in Chapter 15?

5. With whom were Lehman Brothers in negotiations with in Chapter 11? Who led the negotiations?

6. What did Ben Bernanke and Henry Paulson present to Congress as their solution to the banking problems in Chapter 17?

7. How was the meeting between Dick Fuld and John Mack described in Chapter 10?

8. What was Dick Fuld’s last resort option that he discussed with Henry Paulson in Chapter 10?

9. How much capital was AIG able to raise in Chapter 14? How much were they short?

10. On what date does the author open Chapter 19? What had happened to the stocks of Goldman Sachs and Morgan Stanley on this date?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Discuss the biography and careers of Henry Paulson and George W. Bush. When did George W. Bush ask Henry Paulson to consider taking the position of U.S. Secretary of the Treasury? How did others perceive this nomination in Washington? What happened to Paulson’s stock in Goldman Sachs?

Essay Topic 2

Discuss Lehman Brothers’ portfolio and assets in 2008 and analyze the downfall of Lehman Brothers and their problems on the books prior to their file for bankruptcy. How did sub-prime mortgage trading influence the problems that Lehman faced in 2008?

Essay Topic 3

Discuss Dick Fuld’s reasons for meeting with Jim Cramer in Chapter 5. What did Fuld hope to accomplish in this meeting? Was he successful? Why or why not?

(see the answer keys)

This section contains 894 words (approx. 3 pages at 300 words per page) View a FREE sample