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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 3: Hot Potato, The Great American Mortgage Scam.

Multiple Choice Questions

1. The protagonist of The Fountainhead is in what profession?
(a) Doctor.
(b) Architect.
(c) Banker.
(d) Engineer.

2. What refers to a numerical expression based on a statistical analysis of a person's credit files that represents the creditworthiness of that person?
(a) Credit score.
(b) Stock score.
(c) Credit annuity.
(d) Stock portfolio.

3. In what year did Alan Greenspan earn his M.A. degree in economics?
(a) 1954.
(b) 1970.
(c) 1950.
(d) 1965.

4. Who is the protagonist of Atlas Shrugged?
(a) Michael Williams.
(b) Howard Roark.
(c) James Edwards.
(d) Dagny Taggart.

5. In Chapter 3, what process in which loans are split up and sold off to secondary investors as securities was used by banks?
(a) Authorization.
(b) Amortization.
(c) Securitization.
(d) Derivatives.

Short Answer Questions

1. Where are the headquarters of Deutsche Bank?

2. The investment bank division of Deutsche Bank is head-quartered where?

3. According to the author, the Tea Party believes that the economy is self-correcting as long as commerce and _______ are separated.

4. In Chapter 3, what fee did companies that would attach a borrower's name to the credit score of another person who was more credit worthy charge?

5. What involves an exchange of the defaulted loan instrument (and with it the right to recover the default loan at some later time) for immediate money - usually the face value of the loan?

(see the answer key)

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