News in Systemic Risk: Thursday, January 7, 2021 (10 a.m. ET) January 7, 2021 From Lender of Last Resort to Market Maker of Last Resort via the dash for cash: why central banks need new toolsfor dealing with market dysfunction (Andrew Hauser; Bank of England) Financial Stability and too-big-to-fail after the Covid-19 Pandemic (Claudia Buch; Deutsche Bundesbank) BoE officials welcome stronger post-Brexit regulatory powers (Daniel Hinge; Central Banking) Corporate Debt ‘Relief’ Is an Economic Dud (Sheila Bair, Lawrence Goodman; Wall Street Journal) Related Stories High School Students Visit Yale SOM for Introduction to Careers in Business and Economics Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability Program on Financial Stability Receives $7.5 million
