Bert Ely

  • May 11, 2012  

    Shares in JPMorgan Chase fell 9 percent Friday on news that the bank lost $2 billion over six weeks due to “self-inflicted” mistakes. Jeffrey Brown, The Wall Street Journal’s Liz Rappaport, Michael Greenberger of the University of Maryland School of Law and consultant Bert Ely discuss the details and calls for more regulation. Continue reading

  • October 19, 2011  

    Goldman Sachs announced a $428 million quarterly loss Tuesday, just its second loss since going public in 1999. Jeffrey Brown discusses the state, the future and regulation of large American banks with banking industry consultant Bert Ely and Simon Johnson, former chief economist of the International Monetary Fund. Continue reading

  • September 12, 2011  

    Bank of America, the nation’s largest lender, announced plans to shrink the company by 30,000 people over the next two years. Judy Woodruff discusses Banks of America’s troubles and the growing concerns over interconnected global financial problems with banking expert Bert Ely and Simon Johnson, former IMF chief economist. Continue reading