2. What was one thing Lowell Milken did for the company?
(a) find tax shelters for them
(b) keep out unwanted visitors
(c) make the coffee
(d) make political contacts

3. Why did Milken's people say they performed so well?
(a) because they were maing so much money
(b) because they learned from the King
(c) because they had to get up so early
(d) because he would accept nothing less

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

5. What was the goal of Nelson Peltz?
(a) to be a part of the Hollywood scene
(b) to get into the airline business
(c) to compete with Milken
(d) to corner the Los Angeles real estate market

6. Why did the new Drexel Burnham company give Milken a $2 million position?
(a) Milken would be the token Jew.
(b) Milken hid evidence from the SEC.
(c) Milken was thinking of leaving.
(d) Milken ochestrated the merger of Drexel and Burnham.

7. To find more ways for their clients to make money, to what did Milken and Joseph turn their attention?
(a) entertainment properties
(b) offshore banking
(c) mergers and acquisitions
(d) financial planning

8. What is RICO?
(a) The Bank of Brazil
(b) Mexican Stock Exchange
(c) Racketeer Influenced Corrupt Organizations Act
(d) Reporting Interest In Company

9. What was a cause of the market crash of 1974?
(a) low prices and a lot of bargains among companies
(b) stock prices soaring
(c) a slow down of foreign business
(d) economic inflation in Asia

10. What advantage did Milken's kind of debt offer?
(a) It was easier to use than getting a bank loan.
(b) It did not tie up cash the way loan repayments did.
(c) It was done under the table so the banks did not know about it.
(d) It was separate from bank loans and the bondholder could sell his bonds whenever he wanted

11. Where did Milken want to move his bond operation unit in 1978?
(a) Las Vegas
(b) Los Alamos
(c) Los Angeles
(d) Las Cruces

12. Where did Milken and his wife buy a house?
(a) Encino
(b) San Clemente
(c) Beverley Hills
(d) Santa Monica

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

14. How did Milken break into the Las Vegas gambling business community?
(a) Milken showed the casino owners how they could double their income.
(b) Milken traveled every weekend to gamble in Las Vegas.
(c) Milken lowered his commissions to get large casino business.
(d) Milken helped Steve Wynn raise the funds he needed to build in Atlantic City.

15. Who was behind the success of both First Executive and Columbia Savings?
(a) Mike Milken
(b) Lowell Milken
(c) Thomas Spiegle
(d) Fred Carr