The Greek sovereign debt crisis of 2010 came about approximately 1 years after Lehman Brothers Holdings (company) bankruptcy. Based on your understanding of the U.S. financial market crisis of 2007-2008 and subsequent research, examine and discuss the following questions:

(a) Do you think the Greek Sovereign debt crisis and the Lehman bankruptcy were part of the same economic/financial landscape during 2007 - 2010? Or was Greece and Lehman two independent events that happen to coincide around the time of the global financial crisis.

(b) Did you find credible similarities between the Greek sovereign debt crisis and Lehman bankruptcy? List and explain two similarities. (c) One noted reason for Lehman Brothers collapse was the companys extensive exposure to U.S. subprime mortgage and real estate markets. Is it reasonable to expect a moderately developed economy (Greece) and an established company (Lehman) to encounter similar problems during a global financial crisis? (d) Refer to (c); are the two events different with little or no correlation between them. If so, state and explain your analysis of the differences between the Greek sovereign debt crisis and the Lehman bankruptcy.

2 pages single spaced