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Technology Stocks : Discuss Year 2000 Issues
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To: Joseph E. McIsaac who wrote (475)11/19/1997 4:59:00 PM
From: Joseph E. McIsaac   of 9818
 
I contacted the correct person at the FDIC,... and was told that there was yet another person even MORE appropriate to speak with about the cease-and-desist order. This better contact is the head of the FDIC's Year 2000 program.

I managed to reach a Vice President at one of the banks affected. He was good enough to take my call, and basically gave me a policy statement. The interesting thing was that he claims that the bank is already compliant, and that the action is not appropriate to the banks current Year 2000 readiness.

I will be doing a case study on this activity, with direct input from the FDIC and (hopefully) the banks affected.
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