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1. Define Operational and Business risk. 2. How does operational and business risklead to bank failures? 3. Provide some general background on the history of

1. Define Operational and Business risk.

2. How does operational and business risklead to bank failures?

3. Provide some general background on the history of Guaranty Bank. What led to the bank's closure? Are there any lessons that can be learned from this situation?

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