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This quiz consists of 5 multiple choice and 5 short answer questions through Part 1: Chapter 6, The Air Fund.

Multiple Choice Questions

1. What are REITs?
(a) real estate instruments like mortgages
(b) really extended investment trials
(c) raw energy investment tables
(d) rare employee investment tallies

2. What was Milken's problem with back office people at Drexel?
(a) He did not work well with Jewish people.
(b) He could not communicate with them.
(c) He did not understand their work.
(d) He was less educated than they were.

3. What did Milken offer this market segment?
(a) a protection from takeover
(b) a new kind of debt instrument
(c) a hope for recovery
(d) ten cents on the dollar

4. Who was Dr. Feelgood of Drexel?
(a) Fred Joseph
(b) Michael Milken
(c) Lowell Milken
(d) Tubby Burnham

5. What was the address of the new building in L. A.?
(a) Avenue of the Stars in Century City
(b) Sunset and Vine
(c) Rodeo Drive and Wilshire
(d) Hollywood and Vine

Short Answer Questions

1. What was the average net worth of members of Milken's core group after being with him five years?

2. What were Milken's results the first year in his new position at Drexel Burnham?

3. What does FIFI stand for?

4. Who moved to Los Angeles with Milken?

5. Who are two examples of Milken clients who became quite wealthy?

(see the answer key)

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