Principal, Ely & Company, Inc.
Bert Ely has specialized in deposit insurance and banking structure issues since 1981. In 1986, he became an early predictor of the S&L crisis and a taxpayer bailout of the FSLIC. In 1991, he was the first person to correctly predict the non-crisis in commercial banking; in 1992, he predicted an eventual taxpayer bailout of the Japanese banking system.
Bert continuously monitors conditions in the banking and S&L industries, monetary policy, and the growing federalization of credit risk. He has helped to draft legislation to enact the cross-guarantee concept for privatizing banking regulation and its related deposit insurance and systemic risks. He has testified on numerous occasions before congressional committees on banking issues and he often speaks on these matters to bankers and others.
Bert first established his consulting practice in 1972. Before that, he was the chief financial officer of a public company, a consultant with Touche, Ross & Company, and an auditor with Ernst & Ernst. He received his MBA from the Harvard Business School in 1968 and his Bachelor's degree in economics in 1964 from Case Western Reserve University.
America Would Be Better Off Without Fed Monetary Policy
Bert Ely
Monetary policy is one of the cornerstones of American economic policy and the Federal Reserve...
Blame for Ballooning Bankruptcies
Vern McKinley
As a period of historically low unemployment approaches the seventh year of economic expansion, the...
The "Millennium Bug": Financial Class Actions For the New Century
Edward C. Anderson
Almost since the adoption of the current Rules of Civil Procedure in the 1960's, the...
The Separation of Banking and Commerce: Is It Worth It?
Bradley K. Sabel
One of the great outstanding issues in American finance, both generally and in particular during...
Book Review: Money Meltdown: Restoring Order to the Global Currency System by Judy Shelton
Aaron A. Goach
Money Meltdown: Restoring Order to the Global Currency Systemby Judy SheltonFree Press/Macmillan 1994 (399 pages) If...
Rethinking Access to the Payments System
Eugene M. Katz, Robert H. Rosenblum
Once upon a time, there was no concept of money. People ate what they grew...
Book Review: The Bankers: The Next Generation by Martin Mayer
John Pickering
The Bankers: The Next Generationby Martin MayerTruman Talley Books/Dutton 1997 (468 pages) It takes guts to...