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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 4-5.

Multiple Choice Questions

1. In criminal law, what is an intentional deception made for personal gain or to damage another individual?
(a) Embezzlement.
(b) Heresy.
(c) Contempt.
(d) Fraud.

2. When did Steve Eisman publish a report outlining the bad practices of the subprime mortgage lender in Chapter 1?
(a) 1994.
(b) 1988.
(c) 1997.
(d) 1990.

3. With the creation of ______, mortgage companies became inspired to grow quickly and offer a great many loans to customers.
(a) Moody's.
(b) Standard & Poor's.
(c) FICO Scores.
(d) Mortgage bonds.

4. Michael Burry worked as a resident in what field in Chapter 2?
(a) Optometry.
(b) Neurology.
(c) Cardiology.
(d) Proctology.

5. When was Michael Lewis born?
(a) 1960.
(b) 1957.
(c) 1963.
(d) 1956.

Short Answer Questions

1. Who agreed to a $5 million dollar deal with Michael Burry in Chapter 2?

2. When Cornwall Capital Management moved to Bear Sterns, their account was handled by whom?

3. At what age was Michael Lewis when he was shocked that Wall Street would allow him to buy and sell stocks, as described in the Prologue?

4. What is the title of Chapter 5?

5. What had Michael Burry's father warned him to stay away from in Chapter 2?

(see the answer key)

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