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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 12-13.

Multiple Choice Questions

1. When was Warren Buffett born?
(a) 1925
(b) 1930
(c) 1941
(d) 1918

2. John Thain went to Michael Bloomberg and proposed that Bloomberg buy back what percent of his company from the bank in Chapter 7?
(a) 10%
(b) 50%
(c) 35%
(d) 20%

3. Hank Paulson and his staff prepared a secret plan for how to deal with the situation should Lehman or another large firm go bankrupt, or if several banks should begin to fail at once. Who did they present their plan to in a meeting described by Sorkin in Chapter 4?
(a) Michael Bloomberg
(b) Ben Bernanke
(c) Daniel A. Simkowitz
(d) Jim Cramer

4. How much was oil going for per barrel according to the author in Chapter 9?
(a) $140
(b) $98
(c) $163
(d) $85.

5. Jamie Dimon told Hank Paulson that JP Morgan had upped its offer from $2 per share to what in Chapter 2?
(a) $16 per share
(b) $9 per share
(c) $4 per share
(d) $10 per share

Short Answer Questions

1. When did FAS 157 become effective?

2. Who was Dick Fuld’s Chief Strategy Officer in Chapter 6?

3. Where was the hedge fund Peloton based?

4. Timothy Geithner was the President of the Federal Reserve Bank of New York during what years?

5. Senator Jim Bunning, who had sparred with Paulson over the summer, had gone so far as to call Hank Paulson what, according to the author in Chapter 12?

(see the answer key)

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