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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. During the Yom Kippur War, Syria and Egypt attacked territories Israel had captured in what war?
2. The author was astonished to learn that a port in what state was on the block for sale?
3. The three sections of the Pennsylvania turnpike system total how many miles?
4. When was Nancy Pelosi born?
5. According to the author in Chapter 4: Blowout - The Commodities Bubble, speculators took over the commodities market and by 2008, what percent of commodity exchanges was speculative?
Short Essay Questions
1. How does Taibbi conclude Chapter 4? What does the author remark regarding the motivations of the wealthy?
2. What was index speculation comprised of, as described in Chapter 4?
3. Define "derivatives." What creates derivatives?
4. When did Richard Daley lease Chicago's parking meters? For how much money were they leased, as described in Chapter 5?
5. What did the news media and politicians attempt to blame the surge in oil prices on in Chapter 4?
6. What is the commodities market and how has it affected American finance?
7. What led to the end of the Yom Kippur War, as discussed in Chapter 5?
8. What changed the regulation for trust funds and pension funds, as described in Chapter 4?
9. What scenarios does the author describe for Priscilla Carillo and Robert Lukas in Chapter 4?
10. What led up to OPEC's oil embargo in the 1970s, as described in Chapter 5?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Discuss the changes in speculative trading during the George W. Bush administration. What did these changes mean for Goldman-Sachs?
Essay Topic 2
Discuss Alan Greenspan's direct and indirect role in the financial disaster of 2008. What actions did Greenspan take which led to the market fallout?
Essay Topic 3
Discuss the career of Matt Taibbi and the critical reception of the book. To what writers was Taibbi associated in regard to his style and themes?
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This section contains 805 words (approx. 3 pages at 300 words per page) |
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