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Excellence Redefined
Beginning of essay
The 1980’s has been called the “me” generation, the decade of materialism, and was responsible for the greatest number of mergers and takeovers in the history of the US market. People were transformed by the power of money, and tried to take advantage of the opportunities in the stock market. The s ....
Middle of essay
....their purchases over a period of time, and each was funded by different offshore and domestic banks to misrepresent the number of buyers. When a company would makes its corporate announcement about the merger, the public would then begin buying the shares, causing the price to skyrocket. Boesky and Milken had purchased the stock so long ago and at such a low price that their profit expectations were quickly met, so they wanted to sell everything they had at the same time everyone wanted to buy. .... |
| Number of words: 2151 |
Approximate pages: 8 |
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