|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. What government regulation made it easier for multiple mergers in the 1980s?
2. What was Drexel's only real competition by the 1980s?
3. What was HITS?
4. Where did Milken want to move his bond operation unit in 1978?
5. By 1981, what was Drexel responsible for?
Short Essay Questions
1. Give examples of people other than his staff who become quite wealthy following Milken's direction.
2. How did Marshall Field attempt to fight Carl Icahn?
3. How did Drexel go about creating the Air Fund in an effort to get into M&A?
4. Explain why Milken wanted to move his operation to Los Angeles.
5. Explain how Milken became nervous over large bond deals.
6. What happened that started the Merger & Acquisition craze in the late 1970s and early 1980s?
7. Discuss Carl Icahn's expertise in proxy fights.
8. Describe the National Can Company takeover.
9. Explain the beginnings of blind pools arranged by Milken.
10. What were some complications of the move to Century city for Drexel?
Write an essay for ONE of the following topics:
Essay Topic 1
Write a paper about the shrinking world. In the 1980s, Drexel and Milken were able to do business from opposite sides of the continent by using telephone lines. Show in your paper how much easier it is to do business long distance. Give examples of how this is being done today.
Essay Topic 2
Write a paper on inflation. Begin with a definition of inflation and create an example showing how it affects everyone and causes large scale economic hardships. Be creative with your imaginary example.
Essay Topic 3
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.
This section contains 1,087 words
(approx. 4 pages at 300 words per page)