View a FREE sample

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

Multiple Choice Questions

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

2. By 1981, what was Drexel responsible for?
(a) almost all of the junk bonds in the market
(b) leading the field in high interest bonds
(c) engineering most of the hostile takeovers
(d) moving Wall Street to Los Angeles

3. What became the name of bonds that come into being during highly leveraged takeovers?
(a) Chinese paper
(b) Hot paper
(c) Tickertape
(d) Paper trails

4. What did the Milken Group do in 1983?
(a) cancel the annual Preditors' Ball
(b) moved from Century City to a building at Wilshire Boulevard and Rodeo Drive
(c) began making large charitable contributions
(d) started buying up real estate in Los Angeles

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

Short Answer Questions

1. By 1986, who was the largest stockholder in Drexel Burnham Lambert?

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

3. What did the Federal Home Loan Bank Board discover about what Spiegle at Columbia Savings and Loan was doing?

4. Why did Milken take the bus from New Jersey to Wall Street?

5. What did Milken refuse to have in the Drexel annual report?

(see the answer key)

This section contains 310 words (approx. 2 pages at 300 words per page) View a FREE sample