Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
The Big Short 2
Test Description: POLS Presentation on The Big Short, chapter 1, A Secret Origin Story
Instructions: Answer all questions to get your test result.
1) Who was hired by Eisman to help pinpoint the “unpleasant odor” wafting from the subprime mortgage industry?
A
Vincent Daniel
B
Meredith Whitney
C
George Bush
D
John Paulson
2) What is the term for the recurring problem with the subprime loans that went conveniently overlooked by investment companies?
A
Delinquency
B
Accumulation
C
Ammunition
D
Inefficiency
3) Which of the following is NOT a true statement concerning the subprime mortgage industry?
A
It employed goofy accounting
B
It resembled a ponzi scheme
C
It was looking out for the needs of poor Americans
D
It booked mortgages as profit before they were repaid
4) What SPECIFICALLY made Household Finance Corporation grow bigger than ever in the early 2000\'s?
A
The internet bust
B
International hedge funds
C
The second mortgage
D
The economic boom of the 90's
5) What did Eisman recall as the defining moment in his life?
A
The end of his employment at Salomon Brothers
B
The dissolving of the Household Finance Corporation
C
The death of his son
D
The death of his father
6) By asking repetitive, seemingly infantile questions, what did Eisman reveal about the majority of Wall Street?
A
They were all aliens.
B
They had extensive knowledge of the situation and did not care about the people affected.
C
They did not actually know what they were talking about a lot of times.
D
They had an extensive knowledge of the situation and plans for rectifying it.
7) What did big-name Wall Street banks use to disguise their role in subprime lending from the general American audience?
A
Slacks
B
Shelves
C
Sieves
D
Shields
8) What relationship did subprime mortgages create between the bond world and the equity world?
A
bond>equity
B
equity>bond
C
equity=bond
D
They had no effect.
9) What was the Golden Rule according to Eisman?
A
God, Gold and Glory.
B
Do unto others as you would have them do unto you.
C
Never lend to people who dont have gold.
D
The people who have the gold make the rules.
10) For whom did the subprime mortgage market determine the financial future?
A
Stock traders
B
Bond traders
C
Everyone
D
Homeowners
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?