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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 want at work?

2. Before Sigoloff switched to Drexel, who was handling his takeover bid for Wickes?

3. Why did the LTV situation not affect Drexel?

4. Who were some customers who received better deals from Milken?

5. What made Drexel's troubles even worse after Boesky Day?

Short Essay Questions

1. How did political connections aid Drexel?

2. What was Ronald Perelman's purpose for acquiring Pantry Pride?

3. Why did Milken play the role of enforcer?

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

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

6. Describe the reason for Wedvick's problems with Atlantic Capital.

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

8. Describe Milken's goals for the Asian markets.

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

10. How did Milken disagree with the idea that liquidity was scarce?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Write an essay on racial and religious discrimination. Using Milken's problems in his early years because he was Jewish, express your opinion about how discrimination overlooks individual value by blanket bias against whole groups of people.

Essay Topic 2

Write an essay on the subject of Pride Goes Before a Fall. Mention examples of people in high places who have become arrogant and it led to their downfall. Include the decline of Drexel in your essay along with your other examples.

Essay Topic 3

Write an essay on the value of competition. Using the meteoric rise of Drexel in the junk bond business, note how the competition attempted to imitate its success. In your paper, discuss how competition leads to greater achievements and better products.

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This section contains 961 words (approx. 4 pages at 300 words per page) View a FREE sample