angesprochen, die Notwendigkeit einer staatlichen Regulierung wird stets betont. Bis zum Ausbruch der Krise zeigt der SVR … regulation. Until the beginning of the financial crisis however, the SVR also demonstrated great confidence in the improved … investment bank Lehman Brothers were not foreseeable. The council judges of course upon the latest state of scientific knowledge …

unit, a so-called bad bank. This plan effectively addresses three key challenges. It provides for the transparent removal …

significantly influencing the risk-taking attitudes of bank managers. Particularly, we intend to substantiate the theory that banks … banking sectors due to a missing ability to monitor bank managers. Our results underline that these problems appear to mislead … bank managers showing an unreasonable risk-taking behavior. In a first stage, we rely on a theoretical model explaining …