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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. Under whose guidance did Goldman Sachs and Morgan Stanley receive status as bank holding companies in Chapter 18?
(a) Timothy Geithner’s
(b) John Mack’s
(c) Colm Kelleher’s
(d) Barry Zubrow’s

2. On what date does the author describe Bart McDade and Alex Kirk arriving in Dick Fuld’s office in the beginning of Chapter 13?
(a) July 28, 2008
(b) March 5, 2009
(c) November 14, 2008
(d) September 10, 2008

3. What critic for Architecture Magazine, wrote of the New York Federal Reserve Building in 1927 that the three-year-old building had “a quality which, for lack of a better word, I can best describe as epic”?
(a) Vikram Pandit
(b) Jean-Claude Trichet
(c) Gao Xiqing
(d) Margaret Law

4. What is the common name for the Federal Home Loan Mortgage Corporation?
(a) Morgan Stanley
(b) Ameriprise
(c) Freddie Mac
(d) Peloton

5. Who complained to Henry Paulson that short sellers were spreading false rumors to drive the panic after the government’s intervention with AIG in Chapter 17?
(a) Martin Sullivan
(b) John Mack
(c) Marge Magner
(d) Sandy Weill

6. What headline on the Wall Street Journal was nagging at John Mack in the beginning of Chapter 17?
(a) Buffett to Invest $5 Billion in Goldman
(b) Goldman Sachs Charged With Fraud
(c) Goldman, Morgan Now Stand Alone; Fight On or Fold?
(d) Morgan Stanley's Government Gig

7. Who was described as the President of Merrill Lynch in Chapter 13?
(a) Martin Sullivan
(b) Edward Liddy
(c) Greg Fleming
(d) Dan Alpert

8. When did Bob Willumstad accept the position of CEO of AIG?
(a) November, 2005
(b) June, 2008
(c) March, 2007
(d) August, 2006

9. Bart McDade and Skip McGee from Lehman Brothers met with whom from KDB to hammer out a deal in Chapter 11?
(a) Min Euoo Song
(b) Gao Xiqing
(c) Vikram Pandit
(d) Jun Kwang-woo

10. Who is described in Chapter 11 as the Vice Chairman of Global Capital Markets at Morgan Stanley?
(a) Hank Greenberg
(b) Eliot Spitzer
(c) Lewis Glucksman
(d) Daniel A. Simkowitz

11. Lloyd Blankfein was waiting to make a speech at what annual conference in the beginning of Chapter 14?
(a) The Mobile Banking and Commerce Summit
(b) The Underbanked Financial Services Symposium
(c) The Financial Services Marketing Symposium
(d) The Service Nation Summit

12. Who is described in Chapter 12 as the Chairman of the Financial Services Commission in Korea?
(a) Min Euoo Song
(b) Vikram Pandit
(c) Jun Kwang-woo
(d) Gao Xiqing

13. During the meeting of the top bankers at the New York Federal Reserve Building in Chapter 14, the bankers quickly renamed the company called SpinCo as what?
(a) SewageCo
(b) ShitCo
(c) SwampCo
(d) SpitCo

14. Who at JP Morgan was concerned about the deal between Bank of American and Merrill Lynch because he had hoped to someday make a deal with Bank of America himself in Chapter 15?
(a) Alex Kirk
(b) Tony Ryan
(c) John Mack
(d) Greg Curl

15. Who did Dick Fuld contact at the Federal Reserve about Lehman Brothers possibly becoming a bank company in Chapter 10?
(a) Bob Hoyt
(b) Rick Lazio
(c) Timothy Geithner
(d) Barry Zubrow

Short Answer Questions

1. Who was described as the Managing Director of Westwood Capital LLC in Chapter 11?

2. Henry Paulson cut his meeting short with the bankers in Chapter 11 because he was going with his family to attend the Olympic Games where?

3. Regarding the problems at AIG, the plan that was finally put in place was for the government to take over 80% of AIG in exchange for a loan of how much?

4. Who did Jamie Dimon take with him to meet with Ben Bernanke in Chapter 12?

5. Who in Chapter 17 was the President of the European Central Bank that had been furious with the decision to “let Lehman fail”?

(see the answer keys)

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