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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 2-3.

Multiple Choice Questions

1. Who agreed to a $5 million dollar deal with Michael Burry in Chapter 2?
(a) Bank of America.
(b) Goldman Sachs.
(c) Scion Capital
(d) Cornwall Capital Management.

2. Michael Burry lost his left eye due to what as a toddler?
(a) Glaucoma.
(b) Cancer.
(c) A car accident.
(d) Asperger's Syndrome.

3. In Michael Burry's first credit default swap, he bought how many bonds?
(a) 6.
(b) 10.
(c) 15.
(d) 12.

4. In Michael Burry's first credit default swap, what was the rate of each bond purchased?
(a) $1 million.
(b) $7 million.
(c) $10 million.
(d) $3 million.

5. In what year did Steve Eisman stop working as an analyst and start his own hedge fund?
(a) 1997.
(b) 2004.
(c) 1988.
(d) 1992.

Short Answer Questions

1. When did money manager Michael Burry become interested in bonds?

2. Where did Michael Lewis earn his Masters degree in Economics?

3. With whom did Michael Burry make his first credit default swap?

4. When was Michael Burry born?

5. By what year had Steve Eisman gathered a group of investors around himself filled with people who believed as he did that no one on Wall Street knew what they were doing, as described in Chapter 1?

(see the answer key)

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