Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialSystem--and Themselves Test | Final Test - Hard

Andrew Ross Sorkin
This set of Lesson Plans consists of approximately 150 pages of tests, essay questions, lessons, and other teaching materials.

Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialSystem--and Themselves Test | Final Test - Hard

Andrew Ross Sorkin
This set of Lesson Plans consists of approximately 150 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialSystem--and Themselves Lesson Plans
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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. As part of the plan for dealing with AIG’s problems, Bob Willumstad would be replaced as CEO of AIG by who, according to the author in Chapter 16?

3. Lloyd Blankfein was waiting to make a keynote address following whose speech in Chapter 14?

4. Mitsubishi is a group of companies based in what country?

5. Who is described in Chapter 12 as “a former Republican representative from New York, whom Dimon had hired as executive vice president of global government relations and public policy”?

Short Essay Questions

1. What plan was revisited by Henry Paulson’s team in the aftermath of the AIG bailout in Chapter 17?

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

3. What negotiations took place in the scramble to save Lehman Brothers in Chapter 12?

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

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

6. How did Timothy Geithner break the CEOs into groups in Chapter 14? What was their assignment?

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

8. How did John Mack respond to the announcement by Henry Paulson in Chapter 18?

9. What was discussed in the meeting between Dick Fuld and Timothy Geithner in Chapter 10?

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

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 Dick Fuld’s objectives and obstacles in Chapter 6. How did Fuld feel about letting go of his top executives? Who made this suggestion to Fuld? How did Erin Callan and Joe Gregory respond to the situation?

Essay Topic 3

Discuss the biography and career of Michael Bloomberg. Prior to running for New York City Mayor, what was Bloomberg’s principle profession? How does Bloomberg’s wealth rate amongst the wealthiest individuals in the U.S.? How was Bloomberg involved in the crisis of 2008?

(see the answer keys)

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