Bert Ely

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.


Publications

Risk Retention on Mortgages: Boon or Costly Mistake? - Podcast
Financial Services & E-Commerce Practice Group Podcast
July 31, 2012
New FDIC Deposit-Insurance Assessment Rule - Podcast
Financial Services Practice Group Podcast
May 25, 2011
Financial Services Reform Update (Conference Call Briefing) - Podcast
Financial Services & E-Commerce Practice Group
July 15, 2010
How Did We Get into the Mess We Are in Today? - Event Audio/Video
The Financial Services Bailout
March 19, 2009
A Basel Backgrounder - Event Audio
Financial Services Practice Group
May 1, 2007
Regulatory Moral Hazard and Cross-Guarantee Contracts
Financial Services & E-Commerce Newsletter - Volume 3, Issue 3, Fall 1999
November 1, 1999
International Monetary Policy: The Asian Crisis and Beyond
Financial Services & E-Commerce Newsletter - Volume 3, Issue 1, Spring 1999
May 1, 1999
America Would Be Better Off Without Fed Monetary Policy
Financial Services & E-Commerce Newsletter - Volume 2, Issue 1, Spring 1998
May 1, 1998