Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Skeet Shipman who wrote (40700)	6/16/1999 11:34:00 PM
From: C.K. Houston	Read Replies (2) of 94695

Based on the premise what goes up must come down, and y2k bank withdrawals and stock selling will collapse the banking financial system. (Will the FED reserve bank deposit requirements be sufficient?) It will warm your Kahuna heart. Here's what Federal Reserve Bank San Francisco has to say: Message 10129152 Better yet ... read the FDIC SURVEY results: Y2K And The Banking Industry - Baseline Survey Report - 62% will definitely or probably withdraw some extra cash. - 14% will definitely or probably withdraw ALL deposits. fdic.gov Cheryl

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