Age of Greed Study Questions #2 (pg. 52-96)


1. What was the Checkers speech and how did it save Nixon's career?

 

 

2. What was it that disturbed Nixon's advisers during the recession of 1970?

 

 

3. What was the central policy of Nixon's New Economic Policy that was forged by his advisers at a Camp David meeting?

 

 

4. Why does Madrick believe Nixon engaged in aggressive means to grow the economy in 1971?

 

 

5. What 3 factors led to the explosion of inflation in 1974?

 

 

6. What does Gerald Ford decide to do in 1975 once he realizes that inflation and budget deficits are of secondary importance?

 

 

7. How dd the economic recession of the 1970s drive the trend towards acquisitions of companies?

 

 

8. What was greenmail?

 

 

9. Once Inco made a bid for ESB, what was ESB's defense?

 

 

10. Why did investment banks reverse their original distaste for hostile takeover battles and suddenly take interest in them?

 

 

11. What percentage increase occurred in hostile takeover business from 1975 to 1979?

 

 

12. What is a leveraged buyout?

 

 

13. What does Madrick say Flom's and Wall Street's effect was on the market for hostile takeovers?

 

 

14. What are risk arbitrageurs nd how did Ivan Boesky abuse the rules as one?

 

 

15. Why was Ivan Boesky disliked on Wall Street?