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To: ed who wrote (25977)	5/10/1998 2:47:00 PM
From: NickSE	Read Replies (1) of 97611

OTOT, you will fing some answers here....... An Iceberg Called Y2K By Todd J. Heuskin Part - I gold-eagle.com An Iceberg Called Y2K By Todd J. Heuskin Part - II gold-eagle.com An Iceberg Called Y2K By Todd J. Heuskin Part - III gold-eagle.com Excerpt: Federal Reserve Chairman Alan Greenspan said Wednesday that the year 2000 bug is already hurting the economy and warned of bigger damage ahead. "Inevitable difficulties are going to emerge," he said. You could end up with...a very large problem." He said the Fed was ready to lend banks tens of billions of dollars if the bug causes their computers to break down in the year 2000 and they can't make payments... "Before we reach the year 2000 there is economic loss," the central bank chief told the Senate Banking Committee. "Even if most firms fix the bug, it will only take a small number to trigger big problems," he added... Greenspan also voiced worries about Europe, were technicians have been focused on retooling computers for the 1999 introduction of a new currency, and not Y2K. USA Today, 02/26/98 Greenspan warns of year 2000 glitch Regards, Caisson

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