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Technology Stocks : Discuss Year 2000 Issues
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To: John Mansfield who wrote (1860)5/17/1998 1:53:00 PM
From: John Mansfield  Read Replies (1) of 9818
 
[banking] 'For those that don't meet the deadline, the
consequences will be devastating...'

...: Officials of the
Federal Reserve and other regulatory agencies have
said they might seize or force the sale of financial
institutions that do not have adequate plans to eradicate
millennium bug. Bank regulators said last year that
would not approve mergers unless the parties could
prove that the combined institution's computers will be
ready for 2000.
...

bergen.com
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