Collapse of lehman brothers


Question:

It has been a little over 1 year since the collapse of Lehman Brothers which was the first major event in the downturn of our stock market and economy. In the past year we have witnessed some fairly significant financial events ~ would you categorize these events as the result of systematic or unsystematic risk? Why? (at least 200 word). Thanks.

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Risk Management: Collapse of lehman brothers
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