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Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 8-9.
Multiple Choice Questions
1. When did Howie Hubler go on vacation and never return in Chapter 9?
(a) October, 2007.
(b) July, 2002.
(c) March, 2005.
(d) April, 2006.
2. An investment corporation needs a contract through what in order to trade in securities that are traditionally only bought and sold between large investing bodies?
(a) USDA.
(b) IMDB.
(c) ISDA.
(d) COMA.
3. How much money did Howie Hubler owe Deutsche Bank on the CDOs purchased from Hubler in Chapter 9?
(a) $750 million.
(b) $900 million.
(c) $650 million.
(d) $1.2 billion.
4. Where did Steve Eisman's wife threaten to move to and raise chickens in Chapter 1?
(a) Delaware.
(b) Maine.
(c) Vermont.
(d) Rhode Island.
5. Who asked Howie Hubler for money owed Deutsche Bank on the CDOs purchased from Hubler in Chapter 9?
(a) Bernie Madoff.
(b) Greg Lippmann.
(c) John Mack.
(d) James Wilson.
Short Answer Questions
1. What is a collection of one hundred different mortgage bonds, usually the riskiest that are combined to create a new group of bonds that could take the low rated bonds and reclassify them at a higher rate?
2. Michael Burry worked as a resident in what field in Chapter 2?
3. In finance, what occurs when a debtor has not met his or her legal obligations according to the debt contract?
4. When was Michael Lewis born?
5. With the creation of ______, mortgage companies became inspired to grow quickly and offer a great many loans to customers.
This section contains 226 words (approx. 1 page at 300 words per page) |
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