In 1977,he Pioneered the Concept of Selling New Public Issues

question 111

Multiple Choice

In 1977,he pioneered the concept of selling new public issues of junk bonds for companies that had not yet achieved investment-grade status.

• A) Michael Milken
• B) Roger Milliken
• C) Ivan Boskey
• D) Carl Ichan

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Definitions:

American Merchants

Businesspeople from the United States who engage in trade or commerce, historically significant in the development of the nation's economy and global trade networks.

Congressional War Hawks

Members of Congress, particularly during the War of 1812, who advocated for aggressive policies and military action against foreign nations.

Macon's Bill No. 2

An act of the United States Congress in 1810, designed to motivate Great Britain and France to stop seizing American vessels during the Napoleonic Wars.

Battle of Tippecanoe

A conflict that took place in 1811 near present-day Lafayette, Indiana, between American forces led by Governor William Henry Harrison of the Indiana Territory and Native American warriors associated with Shawnee leader Tecumseh.