View a FREE sample

This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. Why did none of the thirty bills introduced covering takeovers in 1984-85 pass?
(a) Many politicians who received large contributions attended the Predators' Ball in 1986.
(b) Congress was waiting for a supreme court decision.
(c) Drexel took leading politicians on a vacation to the Bahamas.
(d) The Congress did not think it was an important matter.

2. Why was the partner Groupe Bruxelles Lambert S.A. not happy with Drexel and trying to take it over?
(a) the Drexel continued support of Mike Milken
(b) the Drexel practice of not paying dividends
(c) the falling stock price of drexel
(d) Drexel's secret bookkeeping

3. Before Sigoloff switched to Drexel, who was handling his takeover bid for Wickes?
(a) Lehman Brothers
(b) Merrill Lynch
(c) Salomon Brothers
(d) Morgan Stanley

4. What happened to the plan for moving to the Seven World Trade Center?
(a) It decreased the number of floors.
(b) It was abandoned.
(c) It went ahead.
(d) It was held up by the FBI.

5. What happened in April of 1987 while the investigation of Milken and Drexel was proceeding?
(a) Milken fled the country.
(b) Milken tried to bribe an FBI undercover agent.
(c) The 1987 Predators' Ball was held.
(d) The Predators' Ball was cancelled.

Short Answer Questions

1. By the fall of 1989, what were many people doing?

2. What did Milken want at work?

3. To Drexel, what did certain concessions to clients mean?

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

5. Why did Milken hold a mini-Predators' Ball in Tokyo?

Short Essay Questions

1. How did Drexel achieve god-like status with investors?

2. State some of the details about Milken's being investigated for insider trading.

3. Why were other investment firms not as successful as Drexel?

4. What evolved after many customers first dealt with Milken?

5. What were some of Perelman's activities after acquiring Revlon?

6. What were some of the detractors of LTOs saying about the practice in the 1980s?

7. How widespread was Milken's competition by the fall of 1986?

8. Why did Sanford Sigoloff switch from Salomon Brothers to Drexel when he was acquiring Wickes?

9. Describe the attempts to prevent Perelman's acquisition of Revlon.

10. Before Revlon, what had been Perelman's biggest success?

(see the answer keys)

This section contains 986 words (approx. 4 pages at 300 words per page) View a FREE sample