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

Multiple Choice Questions

1. The assignment of Jamie Dimon and a dozen of his rival CEOs at the emergency meeting at the Federal Reserve Bank of New York was to come up with a plan to save what company, according to the author in the Prologue?
(a) Merrill Lynch
(b) Berkshire Hathaway
(c) JP Morgan
(d) Lehman Brothers

2. On what date did Lehman Brothers release its earnings report for the first quarter of 2008?
(a) February 6, 2008
(b) April 1, 2009
(c) March 18, 2008
(d) June 22, 2008

3. Where did Dick Fuld receive his B.A. and B.S. in 1969?
(a) The University of Colorado at Boulder
(b) The University of Idaho at Boise
(c) The University of Washington at Tacoma
(d) The University of Arizona at Flagstaff

4. Dick Fuld was the CEO of what global financial services firm in March, 2008?
(a) Wells Fargo
(b) Greenlight Capital
(c) JP Morgan
(d) Lehman Brothers

5. Who did Hank Paulson succeed as Chief Executive of Goldman Sachs?
(a) Gerald Donini
(b) Jamie Dimon
(c) Jon Corzine
(d) David Einhorn

Short Answer Questions

1. What word in finance refers to the act of making loans to people who may have difficulty maintaining the repayment schedule?

2. What was the name of Lehman Brothers’ bomb-sniffing Labrador described in Chapter 5?

3. What title did Hank Paulson hold in 2008?

4. According to the author in Chapter 5, David Einhorn was a hedge manager controlling over how much money in assets?

5. In what year did Hank Paulson become a partner at Goldman Sachs?

(see the answer key)

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