View a FREE sample

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

Short Answer Questions

1. Why did Drexel want Carl Icahn as a client?

2. What was HITS?

3. What was Milken's biggest contribution to Drexel in the early years?

4. What is RICO?

5. Who informed the SEC that he was attempting to gain control of Triagle Acquisition Corporation?

Short Essay Questions

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

2. What happened that started the Merger & Acquisition craze in the late 1970s and early 1980s?

3. Explain Milken's relationship with his staff.

4. How did Milken and Joseph create diversification for high-yield funds?

5. How did they get around the SEC bond registration rules?

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

7. How did Marshall Field attempt to fight Carl Icahn?

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

9. How did Milken begin building his fortune?

10. Give examples of people other than his staff who become quite wealthy following Milken's direction.

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Write an essay on how power corrupts. Using Milken as an example, discuss how easy it is for one who gains great power to think that the rules do not apply to him/her. In the essay discuss how flaunting the rules for a good purpose does not make it right.

Essay Topic 2

Write a paper about the shrinking world. In the 1980s, Drexel and Milken were able to do business from opposite sides of the continent by using telephone lines. Show in your paper how much easier it is to do business long distance. Give examples of how this is being done today.

Essay Topic 3

Write an essay about how it is possible for one to achieve dreams by hard work and study. Use Michael Milken as an example of coming up from not being able to get a job with a major Wall Street investment firm to having his picture on the cover of financial magazines. Do not include his downfall as that is the subject for another essay.

(see the answer keys)

This section contains 1,180 words (approx. 4 pages at 300 words per page) View a FREE sample