# Emergency fund in favor of crisis-ridden banks

- Canonical URL: https://www.gerhardmerk.de/emergency-fund-in-favor-of-crisis-ridden-banks
- Post ID: 589657
- Modified: 2023-07-25T20:59:59+00:00
- Language: en

## Definition

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. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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