Forget 2009, this is the real credit crisis of our time
Households and companies of all sizes, already highly indebted, are taking on massive levels of new debt just to survive.
Mr. Elliott is a Partner at Oliver Wyman in New York. He focuses on public policy and its implications for the financial sector. Lately, that has increasingly moved to the “new” regulatory topics such as cyber risk, data ownership and usage rights, fintech regulation, and cryptocurrencies. He was part of the Oliver Wyman team that supported the World Economic Forum Steering Group focused on managing innovation in the financial sector.
Prior to joining the firm, he was a Fellow in Economic Studies at The Brookings Institution, where he wrote and spoke extensively on financial regulation and its international coordination. He has been a Visiting Scholar at the International Monetary Fund, as well as a consultant for the IMF, the World Bank, and the Asian Development Bank. He frequently appears on panels or as a speaker for the Basel Committee, FSB, Fed, IMF, World Bank, Bank of England, ECB, ESRB, European Commission, JFSA, Asian Development Bank, US Treasury, OCC, and other official bodies, as well as at trade group and industry functions.
Prior to Brookings, he was a financial institutions investment banker for two decades, principally at J.P. Morgan. He worked across the range of financial institutions clients, including banks, insurers, and asset managers. He was primarily an M&A investment banker, but also worked as an equities analyst and in capital markets.
He has testified multiple times before both houses of Congress and participated in numerous speaking engagements, as well as appearing widely in the major media outlets. The New York Times has described his analyses as “refreshingly understandable” and “without a hint of dogma or advocacy”.
Mr. Elliott graduated from Harvard College magna cum laude with an A.B. in Sociology in 1981. In 1984, he graduated from Duke University with an M.A. in Computer Science.
Households and companies of all sizes, already highly indebted, are taking on massive levels of new debt just to survive.
The next chapter of the Fourth Industrial Revolution offers companies and governments the chance to improve how data is managed.