dangermouse77/FromAnswerToQuestion-SQuADplusTriviaQA

answer stringlengths 1 239 ⌀	question stringlengths 1 25.7k
gasoline	Consumers tend to have less money to spend on other goods, when the price of which commodity is higher?
Michael Greenberger	Who was the former director of the CFTC that testified before the Senate Committee on Commerce, Science, and Transportation on June 3, 2008?
IntercontinentalExchange	Who did Michael Greenberger erronesously name as a key player in speculative run-up of oil futures?
Goldman Sachs, Morgan Stanley and BP	Who founded the Atlanta-based Intercontinental Exchange?
IntercontinentalExchange (ICE)	Who purchased the International Petroleum Exchange in 2001?
London and New York	Where are regulated future exchanges located?
Ailsa McKay	Who is one of the feminist economists that believe the financial crisis revealed a crisis of mainstream economics and call for a complete reshaping of the economy?
mainstream economics	Feminist economists Ailsa McKay and Margunn Bjornhold believe that the financial crisis and response reveal a crisis of ideas in this?
feminist economics	According to feminist economists McKay and Bjornholt, would type economics should be included in a reshaping?
a reshaping	What do economists McKay and Bjornholt want to occur in the economy, economic theory, and economics profession?
Raghuram Rajan	Who was the current Governor of the Reserve Bank of India that predicted the crisis in 2005?
2005	When did Raghuram Rajan become chief economist the the International Monetary Fund?
at a celebration honouring Alan Greenspan	In 2005, where did Rajan deliver a controversial paper that was critical of the financial paper?
"Has Financial Development Made the World Riskier?"	What was the name of Raghuram Rajan's controversial paper delivered in 2005?
tail risks	What are risks called that generate severe adverse consequences with small probability but generous compensation the rest of the time?
Raghuram Rajan	Who was one of the only mainstream economist to predict the financial crisis?
Great Moderation	What did Raghuram Rajan speak of?
Dirk Bezemer	Who credit 12 heterodox economists with predicting the crisis in his research credits?
as a vindication	How did the Austrian economic school regard the crisis?
Alan Greenspan	Which former Fed Chair confessed in Congressional testimony to being forced to return to lax monetary supply?
BusinessWeek	Which magazine ran a cover story claiming that most economists failed to the the financial crisis?
Great Depression	The financial crisis of 2007 was the worst economic crisis since which crisis that occurred in the 1930s?
The Wharton School	Which school at University of Pennsylvania examined in their online business journal why economists failed to predict the crisis?
Nouriel Roubini	Which economist did the New York Times state warned of a crisis as early as September 2006?
"Dr. Doom"	What was economist Roubini called by the New York Times for predicting a collapse of the housing market?
Nassim Nicholas Taleb	Who wrote the 2007 book The Black Swan?
David Brooks	What journalist from the New York Times stated his believe in Nassim Nicholas Taleb?
the breakdown of the banking system	What did Nassim Nicholas Taleb warn about for years prior to the financial crisis of 2007?
banking stocks	What did Nassim Nicholas Taleb make a fortune on by making a big financial bet?
Phil Dow	Who is the market strategist that believes distinctions exist between the current crisis and the Great Depression?
50%	How much did the Dow Jones average fall during a period of 17 months?
54.7%	What was the percentage the Dow Jones fell in the Great Depression?
Floyd Norris	Who was the chief financial correspondent of The New York Times in March 2009?
Northern Rock	Which medium sized British bank was the first victim of the financial crisis?
Bank of England	Who did Northern Rock request security from?
September 2007	When did Northern Rock investors panic and a bank run begin?
February 2008	When was Northern Rock taken into public hands?
Northern Rock	Which bank early problems in 2007 were an indicator of the troubles that would soon befall other banks and financial institutions?
the borrower’s income	IndyMac often made loans without verifying what?
Appraisals	What was questionable on IndyMac's underlying collateral?
poor	IndyMac gave loans to borrower's with what type credit histories?
risky	IndyMac offered this type of questionable loans to borrowers?
issuing criteria	IndyMac resisted efforts by regulators to tighten this criteria of their loans?
half	How many of the poorest families did not have any wealth decline during the financial crisis?
63	In a Federal Reserve survey of 4,000 households, what percent reported wealth decline between 2007 and 2009?
77	How many of the richest families had a decrease in total wealth between 2007 and 2009?
50	How many families at the bottom of the pyramid had a decrease in total wealth between 2007 and 2009?
poorest families	Which families experienced the least decline in wealth between 2007 and 2009?
European Commission at Brussels	On November 3, 2008, who predicted extremely weak GDP growth for the Eurozone in 2009?
0.1%	How much did the European Commission estimate the GDP growth for Eurozone countries would be in 2009?
−1.0%	How much did the European Commission estimate the GDP growth for the UK would be in 2009?
the IMF	On November 6, in Washington, D.C., who predicted a worldwide recession for 2009?
3%	On November 5, 2008, the Bank of England reduced their interest rate from 4.5% to what?
expand money supplies	What have central banks around the world done to avoid the risk of a deflationary spiral?
enacted large fiscal stimulus packages	What have governments done to offset the reduction in private sector demand?
lender-of-last-resort	What is the U.S. Federal Reserve's traditional role during a crisis?
expanded liquidity facilities	What did the U.S. Federal Reserve do to increase access to liquidity?
self-reinforcing decline	What type decline does lower wages and higher unemployment lead to?
credit freeze	What brought the global financial system to the brink of collapse?
US$2.5 trillion	How much government debt and troubled private assets did central banks purchase during the last quarter of 2008?
$1.5 trillion	How much preferred stock did governments of European nations and the USA purchase in their major banks?
Joseph Stiglitz	In October 2010, who was the Nobel laureate that explained how the U.S. Federal Reserve was creating currency to combat the liquidity trap?
investing internationally in emerging markets	What did the banks chose to do with the money created by the Federal Reserve instead of financing more domestic loans and refinancing mortgages?
a series of regulatory proposals	What was introduced by President Barack Obama in June 2009?
consumer protection	What was one of the items important to consumers that was addressed by the new regulatory proposals introduced in June 2009?
proprietary	Regulations were proposed by Obama in January 2010 to limit the ability of banks to engage in which type trading?
Paul Volcker	Who were proposed new regulations called "The Volcker Rule" named after?
Paul Volcker	Who publicly argued for changes limiting the ability of banks to engage in proprietary trading?
May 2010	When did the U.S. Senate first pass a financial reform bill?
December 2009	When did the U.S. House first pass a financial reform bill?
Volcker Rule	What rule against proprietary trading was not part of legislation passed by either the Senate or House?
Senate	Which bill gave regulators the discretion to prohibit proprietary trades?
bailout of banks	What action in 2007 by national governments prevented the collapse of large financial institutions?
trillions of U.S. dollars	How much estimated consumer wealth was lost as a result of the financial crisis of 2007?
August 9, 2007	What is the date the active phase of the financial crisis began as a liquidity crisis?
2012	What year did the global recession that followed the financial crisis of 2007 end?
BNP Paribas	What was the name of the company that terminated withdrawals from three hedge funds in 2007 citing a liquidity crisis?
2004	What year did the U.S. housing bubble peak?
2009	What year did Congress pass the American Recover and Reinvestment Act?
escalate	Overvaluation of bundled subprime mortgages was based on the theory that housing prices would continue to do this?
subprime	One of the causes of the financial crisis was easier access to loans by this type borrower?
capital	In 2007, banks and insurance companies did not have adequate holdings of which type to back their financial commitments?
Levin–Coburn Report	What is the name of the U.S. Senate report giving their conclusions for the cause of the crisis?
Glass-Steagall Act	Which act was repealed in 1999 effectively removing the separation between investment and deposit banks?
Financial Crisis Inquiry Commission	What is the name of the commission who concluded the financial crisis was avoidable?
credit rating agencies	What agency failed to accurately price risk involved in mortgage-related financial products?
regulatory	What practices should have been adjusted by governments to address 21st-century financial markets?
mortgage-backed securities	What are MBS as related to the housing and credit booms?
collateralized debt obligations	What are CDO as related to the housing and credit booms?
major global financial institutions	When housing prices declined, who reported significant losses from being heavily invested in subprime MBS?
institutions and investors around the world	Who could invest in the U.S. housing market through MBS and CDO?
mortgage payments and housing prices	MBS and CDO derive their value from?
trillions of U.S. dollars	How much are total losses estimated to be from falling home prices?
foreclosure	What is the financial incentive when a home is worth less than the mortgage loan?
late 2006	What year did the foreclosure epidemic begin?
other loan types	What other financial instruments had significant defaults and losses as a result of the crisis expanding from housing to other parts of the economy?
foreclosure epidemic	What continues to drain consumer wealth and erode the strength of banks?
investment banks and hedge funds	What institutions comprise the shadow banking system?
investment banks and hedge funds	What institutions are not subject to the same regulations as commercial banks?
financialization	What process caused the financial system to both expand and become fragile?

gasoline

Consumers tend to have less money to spend on other goods, when the price of which commodity is higher?

Michael Greenberger

Who was the former director of the CFTC that testified before the Senate Committee on Commerce, Science, and Transportation on June 3, 2008?

IntercontinentalExchange

Who did Michael Greenberger erronesously name as a key player in speculative run-up of oil futures?

Goldman Sachs, Morgan Stanley and BP

Who founded the Atlanta-based Intercontinental Exchange?

IntercontinentalExchange (ICE)

Who purchased the International Petroleum Exchange in 2001?

London and New York

Where are regulated future exchanges located?

Ailsa McKay

Who is one of the feminist economists that believe the financial crisis revealed a crisis of mainstream economics and call for a complete reshaping of the economy?

mainstream economics

Feminist economists Ailsa McKay and Margunn Bjornhold believe that the financial crisis and response reveal a crisis of ideas in this?

feminist economics

According to feminist economists McKay and Bjornholt, would type economics should be included in a reshaping?

a reshaping

What do economists McKay and Bjornholt want to occur in the economy, economic theory, and economics profession?

Raghuram Rajan

Who was the current Governor of the Reserve Bank of India that predicted the crisis in 2005?

2005

When did Raghuram Rajan become chief economist the the International Monetary Fund?

at a celebration honouring Alan Greenspan

In 2005, where did Rajan deliver a controversial paper that was critical of the financial paper?

"Has Financial Development Made the World Riskier?"

What was the name of Raghuram Rajan's controversial paper delivered in 2005?

tail risks

What are risks called that generate severe adverse consequences with small probability but generous compensation the rest of the time?

Raghuram Rajan

Who was one of the only mainstream economist to predict the financial crisis?

Great Moderation

What did Raghuram Rajan speak of?

Dirk Bezemer

Who credit 12 heterodox economists with predicting the crisis in his research credits?

as a vindication

How did the Austrian economic school regard the crisis?

Alan Greenspan

Which former Fed Chair confessed in Congressional testimony to being forced to return to lax monetary supply?

BusinessWeek

Which magazine ran a cover story claiming that most economists failed to the the financial crisis?

Great Depression

The financial crisis of 2007 was the worst economic crisis since which crisis that occurred in the 1930s?

The Wharton School

Which school at University of Pennsylvania examined in their online business journal why economists failed to predict the crisis?

Nouriel Roubini

Which economist did the New York Times state warned of a crisis as early as September 2006?

"Dr. Doom"

What was economist Roubini called by the New York Times for predicting a collapse of the housing market?

Nassim Nicholas Taleb

Who wrote the 2007 book The Black Swan?

David Brooks

What journalist from the New York Times stated his believe in Nassim Nicholas Taleb?

the breakdown of the banking system

What did Nassim Nicholas Taleb warn about for years prior to the financial crisis of 2007?

banking stocks

What did Nassim Nicholas Taleb make a fortune on by making a big financial bet?

Phil Dow

Who is the market strategist that believes distinctions exist between the current crisis and the Great Depression?

50%

How much did the Dow Jones average fall during a period of 17 months?

54.7%

What was the percentage the Dow Jones fell in the Great Depression?

Floyd Norris

Who was the chief financial correspondent of The New York Times in March 2009?

Northern Rock

Which medium sized British bank was the first victim of the financial crisis?

Bank of England

Who did Northern Rock request security from?

September 2007

When did Northern Rock investors panic and a bank run begin?

February 2008

When was Northern Rock taken into public hands?

Northern Rock

Which bank early problems in 2007 were an indicator of the troubles that would soon befall other banks and financial institutions?

the borrower’s income

IndyMac often made loans without verifying what?

Appraisals

What was questionable on IndyMac's underlying collateral?

poor

IndyMac gave loans to borrower's with what type credit histories?

risky

IndyMac offered this type of questionable loans to borrowers?

issuing criteria

IndyMac resisted efforts by regulators to tighten this criteria of their loans?

half

How many of the poorest families did not have any wealth decline during the financial crisis?

63

In a Federal Reserve survey of 4,000 households, what percent reported wealth decline between 2007 and 2009?

77

How many of the richest families had a decrease in total wealth between 2007 and 2009?

50

How many families at the bottom of the pyramid had a decrease in total wealth between 2007 and 2009?

poorest families

Which families experienced the least decline in wealth between 2007 and 2009?

European Commission at Brussels

On November 3, 2008, who predicted extremely weak GDP growth for the Eurozone in 2009?

0.1%

How much did the European Commission estimate the GDP growth for Eurozone countries would be in 2009?

−1.0%

How much did the European Commission estimate the GDP growth for the UK would be in 2009?

the IMF

On November 6, in Washington, D.C., who predicted a worldwide recession for 2009?

3%

On November 5, 2008, the Bank of England reduced their interest rate from 4.5% to what?

expand money supplies

What have central banks around the world done to avoid the risk of a deflationary spiral?

enacted large fiscal stimulus packages

What have governments done to offset the reduction in private sector demand?

lender-of-last-resort

What is the U.S. Federal Reserve's traditional role during a crisis?

expanded liquidity facilities

What did the U.S. Federal Reserve do to increase access to liquidity?

self-reinforcing decline

What type decline does lower wages and higher unemployment lead to?

credit freeze

What brought the global financial system to the brink of collapse?

US$2.5 trillion

How much government debt and troubled private assets did central banks purchase during the last quarter of 2008?

$1.5 trillion

How much preferred stock did governments of European nations and the USA purchase in their major banks?

Joseph Stiglitz

In October 2010, who was the Nobel laureate that explained how the U.S. Federal Reserve was creating currency to combat the liquidity trap?

investing internationally in emerging markets

What did the banks chose to do with the money created by the Federal Reserve instead of financing more domestic loans and refinancing mortgages?

a series of regulatory proposals

What was introduced by President Barack Obama in June 2009?

consumer protection

What was one of the items important to consumers that was addressed by the new regulatory proposals introduced in June 2009?

proprietary

Regulations were proposed by Obama in January 2010 to limit the ability of banks to engage in which type trading?

Paul Volcker

Who were proposed new regulations called "The Volcker Rule" named after?

Paul Volcker

Who publicly argued for changes limiting the ability of banks to engage in proprietary trading?

May 2010

When did the U.S. Senate first pass a financial reform bill?

December 2009

When did the U.S. House first pass a financial reform bill?

Volcker Rule

What rule against proprietary trading was not part of legislation passed by either the Senate or House?

Senate

Which bill gave regulators the discretion to prohibit proprietary trades?

bailout of banks

What action in 2007 by national governments prevented the collapse of large financial institutions?

trillions of U.S. dollars

How much estimated consumer wealth was lost as a result of the financial crisis of 2007?

August 9, 2007

What is the date the active phase of the financial crisis began as a liquidity crisis?

2012

What year did the global recession that followed the financial crisis of 2007 end?

BNP Paribas

What was the name of the company that terminated withdrawals from three hedge funds in 2007 citing a liquidity crisis?

2004

What year did the U.S. housing bubble peak?

2009

What year did Congress pass the American Recover and Reinvestment Act?

escalate

Overvaluation of bundled subprime mortgages was based on the theory that housing prices would continue to do this?

subprime

One of the causes of the financial crisis was easier access to loans by this type borrower?

capital

In 2007, banks and insurance companies did not have adequate holdings of which type to back their financial commitments?

Levin–Coburn Report

What is the name of the U.S. Senate report giving their conclusions for the cause of the crisis?

Glass-Steagall Act

Which act was repealed in 1999 effectively removing the separation between investment and deposit banks?

Financial Crisis Inquiry Commission

What is the name of the commission who concluded the financial crisis was avoidable?

credit rating agencies

What agency failed to accurately price risk involved in mortgage-related financial products?

regulatory

What practices should have been adjusted by governments to address 21st-century financial markets?

mortgage-backed securities

What are MBS as related to the housing and credit booms?

collateralized debt obligations

What are CDO as related to the housing and credit booms?

major global financial institutions

When housing prices declined, who reported significant losses from being heavily invested in subprime MBS?

institutions and investors around the world

Who could invest in the U.S. housing market through MBS and CDO?

mortgage payments and housing prices

MBS and CDO derive their value from?

trillions of U.S. dollars

How much are total losses estimated to be from falling home prices?

foreclosure

What is the financial incentive when a home is worth less than the mortgage loan?

late 2006

What year did the foreclosure epidemic begin?

other loan types

What other financial instruments had significant defaults and losses as a result of the crisis expanding from housing to other parts of the economy?

foreclosure epidemic

What continues to drain consumer wealth and erode the strength of banks?

investment banks and hedge funds

What institutions comprise the shadow banking system?

investment banks and hedge funds

What institutions are not subject to the same regulations as commercial banks?

financialization

What process caused the financial system to both expand and become fragile?