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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 20 and Epilogue.

Multiple Choice Questions

1. According to the author in the Epilogue, the stock markets fell how many percent after TARP was signed into law?
(a) 23%
(b) 15%
(c) 28%
(d) 37%

2. Dick Fuld had been pressing what old friend and former Chairman of AIG to put money into Lehman Brothers in Chapter 6?
(a) Brian Moynihan
(b) Hank Greenberg
(c) Charlie Scharf
(d) Frank Zarb

3. According to the author in Chapter 14, beneath the New York Federal Reserve Building lies a three-level vault that holds more than how much money’s worth of gold?
(a) $10 billion
(b) $30 billion
(c) $100 billion
(d) $60 billion

4. What giant money market fund had “broken the buck a day earlier” in Chapter 17?
(a) Reserve Primary Fund
(b) Westwood Capital LLC
(c) China Investment Corporation
(d) The International Monetary Fund

5. What is the address of the New York Federal Reserve Building?
(a) 33 Liberty Street
(b) 76 Justice Road
(c) 13 Wealth Boulevard
(d) 1600 Pennsylvania Avenue

Short Answer Questions

1. Timothy Geithner worked for the Treasury Department and what organization prior to his appointment as President of the Federal Reserve Bank of New York?

2. Where was Hank Paulson born?

3. What was referred to as “the good bank-bad bank plan” that McDade was thinking of announcing in Chapter 12?

4. What banker from Citigroup asked during the meeting of the top bankers at the New York Federal Reserve Building in Chapter 14, “I assume we are going to talk about AIG?”

5. What was the title of the article from the Wall Street Journal that Dick Fuld called “the worst betrayal of my career” in Chapter 6?

(see the answer key)

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