View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Part 3: Chapter 13, The Enforcer.

Multiple Choice Questions

1. To Drexel, what did certain concessions to clients mean?
(a) more deals and more money down the road
(b) a bad reputation among other investors
(c) having clients indebted to them
(d) very little because they were so big

2. What was HITS?
(a) a high yield mutual fund that Drexel formed
(b) High Interest Tax Service
(c) a government investigation agency
(d) Hard Investment Trade Secrets

3. What did the Revlon takeover prove?
(a) that Revlon stock was way overvalued
(b) that women will buy Revlon no matter who owns the company
(c) the power of Milken and junk bond financing
(d) that Perelman knew nothing about hostile takeovers

4. How did Perelman acquire Technicolor?
(a) selling junk bonds
(b) directing a hostile takeover
(c) paying full price
(d) buying on credit

5. Why did people like Lawrence Coss of Green Tee Acceptance feel they were targets of hostile takeovers?
(a) because they wouldn't give in to Milken
(b) because they wanted more money for their companies
(c) because Milken did not like them
(d) because they were not Jewish

Short Answer Questions

1. Who were some customers who received better deals from Milken?

2. In many ways, what became the role of Milken?

3. What two large companies did Drexel underwrite bond issues for in a ten-day period?

4. What could happen to Drexel with so much power vested in one man?

5. What had been Perelman's greatest acquisition before Revlon?

(see the answer key)

This section contains 292 words (approx. 1 page at 300 words per page) View a FREE sample