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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 did Joseph hire with a three-year contract calling for $3 million per year plus extras?

2. Why did none of the thirty bills introduced covering takeovers in 1984-85 pass?

3. What was the result when rules on M&A were finally adopted by the Congress?

4. What was Perelman planning to do when he took over Pantry Pride in 1985?

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

Short Essay Questions

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

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

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

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

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

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

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

8. How was fear affecting Drexel during the investigations?

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

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

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

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.

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 an essay about social networking. Using Milken as an example, write an essay about the importance of having friends who work together to the benefit of everyone in the network. Apply the principle to your own life.

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This section contains 1,018 words (approx. 4 pages at 300 words per page) View a FREE sample