Columbia Law School
Sky Blog
“[I]t is a question of when, not if, a large-scale attack succeeds.” DTCC and Oliver Wyman, Large-scale Cyber-attacks on the Financial System, March 2018.
“The government cannot credibly commit to a no-bailout policy.” Kathryn Judge, “Guarantor of
Why We Need a Guarantor of Last Resort
More than a decade has passed since the worst of the 2007-2009 financial crisis. In that time, we have learned that some of the gravest consequences of the crisis were not the economic fallout, but the political backlash it triggered. …