|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. Eventually, what did First Federal and Columbia Savings become?
2. What was the average net worth of members of Milken's core group after being with him five years?
3. Keeping New York office hours, at what time did they begin work in L. A.?
4. Who was another player involved in the National Can takeover attempt?
5. By 1986, who was the largest stockholder in Drexel Burnham Lambert?
Short Essay Questions
1. Explain some of Drexel's problem clients in the early 1980s.
2. Explain why Milken wanted to move his operation to Los Angeles.
3. What were some complications of the move to Century city for Drexel?
4. Explain why Drexel did not become a publicly-traded company?
5. What were some of Carl Icahn's problems after his successful TWA takeover?
6. Describe the National Can Company takeover.
7. What was the subject of the meeting at the Barbizon Plaza in New York held by Fred Joseph?
8. How did they get around the SEC bond registration rules?
9. Explain Milken's relationship with his staff.
10. Who was Carl Icahn and how did he get into the hostile takeover business?
Write an essay for ONE of the following topics:
Essay Topic 1
The name, Predators' Ball, says a great deal about the people who organized the ball and those who clamored for invitations. Write an essay about predators and why this title was so appropriate for the people involved. Give your opinion about how that title expresses disregard for the people who were the victims.
Essay Topic 2
Write a critique of The Predators' Ball. Include such things as how objective the author was in writing the book, how valuable it is for readers, and how well it was written for readability. Mention the people you would recommend that they read the book.
Essay Topic 3
Write an essay on how power corrupts. Using Milken as an example, discuss how easy it is for one who gains great power to think that the rules do not apply to him/her. In the essay discuss how flaunting the rules for a good purpose does not make it right.
This section contains 1,125 words
(approx. 4 pages at 300 words per page)