View a FREE sample

This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. Chapter 18 opens with the author’s description of what date?
(a) September 3, 2008
(b) August 24, 2008
(c) September 19, 2008
(d) October 3, 2008

2. Greg Curl informed Hank Paulson that Bank of America would agree to the deal regarding Lehman Brothers only if the government was willing to take how much of losses on Lehman’s assets in Chapter 14?
(a) $20 billion
(b) $30 billion
(c) $40 billion
(d) $10 billion

3. John Thain thought in Chapter 14 as he pulled up to the New York Federal Reserve Building that the last time he’d been there was during the rescue of Long-Term Capital Management in what year?
(a) 2001
(b) 1993
(c) 1998
(d) 2005

4. 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) Greg Curl
(c) Tony Ryan
(d) John Mack

5. 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?
(a) $25 billion
(b) $60 billion
(c) $85 billion
(d) $150 billion

Short Answer Questions

1. Who did Lloyd Blankfein make a call to in order to solicit investment in Goldman Sachs in Chapter 19?

2. Who did Dick Fuld contact at the Federal Reserve about Lehman Brothers possibly becoming a bank company in Chapter 10?

3. 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?

4. Who was described as the head of Bank of New York Mellon in Chapter 17?

5. Who was described by the author in Chapter 14 as Bank of America’s President of Global Corporate and Investment Banking?

Short Essay Questions

1. With whom were Lehman Brothers in negotiations with in Chapter 11? Who led the negotiations?

2. What plan was revisited by Henry Paulson’s team in the aftermath of the AIG bailout in Chapter 17?

3. How did Timothy Geithner break the CEOs into groups in Chapter 14? What was their assignment?

4. What was the outcome after the bailout of AIG, according to the author in Chapter 17?

5. What were the principle causes for Dick Fuld’s increasing stress in the beginning of Chapter 12?

6. What events does the author describe taking place on September 10, 2008, in the opening of Chapter 13?

7. What plan was developed in order to address the problem of AIG in Chapter 16?

8. What was the purpose of the meeting between the government officials and top CEOs in Chapter 14?

9. What did Henry Paulson decide to do when Fannie Mae and Freddie Mac continued to deteriorate in Chapter 11?

10. What happened with the deal between Lehman Brothers and Barclays in Chapter 15?

(see the answer keys)

This section contains 977 words (approx. 4 pages at 300 words per page) View a FREE sample