In the wake of the financial crisis following the subprime crisis in 2009, German institutions initiated a special fund to support banks in a crisis situation. The fund was to be jointly funded by institutions and the government. The proposal was generally rejected because, as a special form of moral hazard, it would encourage the reckless business behavior of individual banks. – See Bailout, Bank Testament, Crisis Management Groups, Minimum Requirements for the Design of Recovery Plans, Asset Levy, Expropriation.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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