kaal:claim:2061166-019

The German reorganization fund's maximum volume of 70 billion euros may not suffice in a financial crisis, and the availability of those funds and the time needed to raise them are an even greater concern than the ceiling itself.

Source quote, verbatim
Another point of contention is the size of the fund with a maximum volume of 70 billion euros.447 It is questionable if this amount will suffice during a financial crisis. The availability of these funds and the time it will take to raise them is of even greater concern.
From

Christoph K. Henkel, Wulf A. Kaal, Contingent Capital in European Union Bank Restructuring (2012), (c) The Law Establishing the Reorganization Fund for Financial Institutions, p. 51
https://ssrn.com/abstract=2061166 · source PDF

Cite as

Christoph K. Henkel, Wulf A. Kaal, Contingent Capital in European Union Bank Restructuring (2012). SSRN: https://ssrn.com/abstract=2061166

Holds when
Classification

failuresupport: arguedfailure: Undersized and slow-to-mobilize resolution fundfamily: supervisory-capacity-gapsystemic-risk

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