Name: _________________________ | Period: ___________________ |
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. Why did Milken take the bus from New Jersey to Wall Street?
2. What was the goal of Nelson Peltz?
3. Why did Ichan and Kingsley limit themselves to 4.9% of shares in companies?
4. By 1981, what was Drexel responsible for?
5. Why did Drexel remain a privately-held company?
Short Essay Questions
1. Tell something about Fred Joseph and how he became known at Drexel.
2. How did Fred Joseph begin his goal of making Drexel a top notch firm in fifteen years?
3. Who was Carl Icahn and how did he get into the hostile takeover business?
4. Tell something about Milken's first house in California.
5. Explain the beginnings of blind pools arranged by Milken.
6. What were some of Carl Icahn's problems after his successful TWA takeover?
7. How did Milken and Joseph create diversification for high-yield funds?
8. What was Milken's greatest contribution to the Drexel firm when he was a part-time employee?
9. Write about the relationship between Milken and Steve Wynn of the gambling industry.
10. What was the subject of the meeting at the Barbizon Plaza in New York held by Fred Joseph?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Nelson Peltz had a strong desire to be in the Hollywood scene. Starting with him as an example, write a paper on various reasons people want to amass a fortune. Include in your paper what you would do if you suddenly became very wealthy.
Essay Topic 2
The name, Predators' Ball, says a great deal about the people who organized the ball and those who clamored for invitations. Write an essay about predators and why this title was so appropriate for the people involved. Give your opinion about how that title expresses disregard for the people who were the victims.
Essay Topic 3
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.
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