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

Short Answer Questions

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

2. To troubled businesses, what was Drexel's unregistered exchange offer?

3. By 1981, what was Drexel responsible for?

4. What was it about Milken that impressed his clients?

5. How did bondholders often operate in noncompliance with SEC rules?

Short Essay Questions

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

2. Tell something about Fred Joseph and how he became known at Drexel.

3. What was the subject of the meeting at the Barbizon Plaza in New York held by Fred Joseph?

4. Tell something about Milken's first house in California.

5. Describe Drexel's part in the National Can hostile takeover.

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

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

8. What was capturing Milken's interest in 1977?

9. Who was Carl Icahn and how did he get into the hostile takeover business?

10. Describe how Michael Milken is introduced in the book.

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Do some research and write a paper on Michael Milken's philanthropic work since his release from prison. Express if you think he shows a more human side to his personality now.

Essay Topic 2

Do some research and write a paper on how bonds are rated by Standard and Poors. Explain how the ratings reflect the level of risk involved. Give specific examples of high-risk and low-risk bonds.

Essay Topic 3

Write a paper on inflation. Begin with a definition of inflation and create an example showing how it affects everyone and causes large scale economic hardships. Be creative with your imaginary example.

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This section contains 995 words (approx. 4 pages at 300 words per page) View a FREE sample