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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. Who made the contact for Wedvick with Kansa?

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

3. How did Milken's unit function within the larger firm?

4. What had been Perelman's greatest acquisition before Revlon?

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

Short Essay Questions

1. How and why did Milken avoid personal publicity?

2. What role did LTV play in identifying a weakness in the junk market?

3. Why did Milken play the role of enforcer?

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

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

6. How did Peer Wedvick satisfy his need for an institution with a high investment-grade rating?

7. How was fear affecting Drexel during the investigations?

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

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

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 a paper on some of the most interesting things you learned about the bond market from reading The Predators' Ball. In your paper explain whether what you learned makes you want to learn more about investing and why.

Essay Topic 2

Write a paper on how manipulation of big business affects the common citizen. With mergers and acquisitions many people end up losing their jobs. When financial gambles go wrong, people's life savings are often affected. Your paper should discuss the responsibility of wealthy business people for the public welfare at large.

Essay Topic 3

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.

(see the answer keys)

This section contains 872 words (approx. 3 pages at 300 words per page) View a FREE sample