View a FREE sample

This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. What was the result of changes in the investment banking industry in the 1970s?

2. Who made the acquisition in the American Natural Resources (ANR) case?

3. Why did Drexel want Carl Icahn as a client?

4. What was a cause of the market crash of 1974?

5. What did Milken offer this market segment?

Short Essay Questions

1. How did Marshall Field attempt to fight Carl Icahn?

2. How did they get around the SEC bond registration rules?

3. How did Milken begin building his fortune?

4. Explain why Milken was the main subject of the Barbizon Plaza meeting.

5. Why did Thomas Spiegel come under investigation by the FHLBB?

6. Explain why Drexel did not become a publicly-traded company?

7. How did Milken help Drexel on his drive from New York to California?

8. How did Fred Joseph begin his goal of making Drexel a top notch firm in fifteen years?

9. Write about the relationship between Milken and Steve Wynn of the gambling industry.

10. Explain the beginnings of blind pools arranged by Milken.

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Write an essay on personal values. Milken and his wife lived modestly and they did not flaunt their wealth. Milken appeared to be more interested in the game of making money than in the money itself. In your essay discuss what you think the relationship of money should be to one's personal values.

Essay Topic 2

Write a paper on stock parking. Milken and Drexel were investigated for this practice, but they were not the only ones. Define stock parking and research other instances of charges brought against investor and investment firms for doing this. Be sure to include why a person wanting to gain control of a company might want to use this illegal method.

Essay Topic 3

Write a paper about the shrinking world. In the 1980s, Drexel and Milken were able to do business from opposite sides of the continent by using telephone lines. Show in your paper how much easier it is to do business long distance. Give examples of how this is being done today.

(see the answer keys)

This section contains 1,111 words (approx. 4 pages at 300 words per page) View a FREE sample