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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. Regarding the problems at AIG, the plan that was finally put in place was for the government to take over 80% of AIG in exchange for a loan of how much?
2. Henry Paulson told the bankers at the meeting at the Treasury building in Chapter 11 that they had three objectives. What were they?
3. Who was the head of JP Morgan’s Consumer Business department, according to the author in Chapter 12?
4. Who was described by the author in Chapter 14 as Bank of America’s President of Global Corporate and Investment Banking?
5. What does FDIC stand for?
Short Essay Questions
1. How did John Mack respond to the announcement by Henry Paulson in Chapter 18?
2. What did Henry Paulson respond when solicited for help from Bob Diamond and Ken Lewis in Chapter 13?
3. What plan was announced by Henry Paulson and drafted into a bill in Chapter 18?
4. What did JP Morgan plan in order to deal with the Lehman Brothers’ problem in Chapter 12?
5. What was the purpose of the meeting between the government officials and top CEOs in Chapter 14?
6. What plan was developed in order to address the problem of AIG in Chapter 16?
7. What was Dick Fuld’s last resort option that he discussed with Henry Paulson in Chapter 10?
8. What was the purpose of the meeting that Tim Geithner called in Chapter 16? Who was called to this meeting?
9. What did Dick Fuld learn about the outcome of the governmental/CEO meeting in Chapter 15?
10. How did Timothy Geithner break the CEOs into groups in Chapter 14? What was their assignment?
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 the history of Lehman Brothers from its inception in the 1800s to its demise in 2008. What choices were made within the company that can be seen as attributing to its downfall and bankruptcy? How involved was Dick Fuld in making these decisions? Who else was integral in decision making?
Essay Topic 3
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?
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This section contains 981 words (approx. 4 pages at 300 words per page) |
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