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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 the Milken brothers do probably without notifying Drexel?

2. What did Milken's involvement in this business do for him personally?

3. What government regulation made it easier for multiple mergers in the 1980s?

4. For whom did Milken do trading?

5. Where did most of the money come from when Icahn actually acquired ACF, a railroad car leasing company?

Short Essay Questions

1. What were some complications of the move to Century city for Drexel?

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

3. What was Milken's greatest contribution to the Drexel firm when he was a part-time employee?

4. Explain why Milken wanted to move his operation to Los Angeles.

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

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

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

8. How did Milken begin building his fortune?

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

10. Explain how Milken became nervous over large bond deals.

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

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.

Essay Topic 2

Write an essay about social networking. Using Milken as an example, write an essay about the importance of having friends who work together to the benefit of everyone in the network. Apply the principle to your own life.

Essay Topic 3

Write a critique of The Predators' Ball. Include such things as how objective the author was in writing the book, how valuable it is for readers, and how well it was written for readability. Mention the people you would recommend that they read the book.

(see the answer keys)

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