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This quiz consists of 5 multiple choice and 5 short answer questions through Part 3: Chapter 10, 'Drexel is like a God'.

Multiple Choice Questions

1. Who becomes Milken's ally and public face in 1974?
(a) Cary Grant
(b) Tubby Burnham
(c) Fred Joseph
(d) Khun Loeb

2. How was Drexel being spoken of after the success of so many hostile takeovers?
(a) as the investment firm of the future
(b) as near criminals skirting the law
(c) as the devil in disguise
(d) a god that could do whatever it wanted in the niche it was in

3. What was Ichan able to do after he got a seat on the board of Tappan?
(a) He took over running the company.
(b) He was able to raise the stock prices.
(c) He maneuvered the sale of the company to AB Electrolux.
(d) He prevented the company from being taken over.

4. What was the advantage FIFI and other like funds offer?
(a) better availability
(b) simplicity of buying
(c) more security than Treasury bonds
(d) a higher yield than Treasury bonds

5. Why did none of the thirty bills introduced covering takeovers in 1984-85 pass?
(a) Many politicians who received large contributions attended the Predators' Ball in 1986.
(b) Congress was waiting for a supreme court decision.
(c) Drexel took leading politicians on a vacation to the Bahamas.
(d) The Congress did not think it was an important matter.

Short Answer Questions

1. How was Joseph building his diversified team?

2. Eventually, what did First Federal and Columbia Savings become?

3. What did Drexel think about the Japanese acceptance of junk bonds used in takeovers?

4. What was the result in 1974 when International Nickel Company raided ESB?

5. What was the result of Tax Law reform in 1981?

(see the answer key)

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