Discuss Year 2000 Issues Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Discuss Year 2000 Issues

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: flatsville who wrote (2602)	9/23/1998 9:18:00 AM
From: Ken Salaets	Read Replies (2) of 9818

Washington Update -- The Senate bill falls short of expectations. It has a "reach back" provision that is supposed to extend the bill's protections to those companies that have been sharing Y2K-related info all along, but in fact it provides substantial loopholes that will benefit the litigators. Hence, those companies that haven't been disclosing info re their Y2K-readiness -- for whatever reason -- receive greater protection from frivolous lawsuits than those that have been disclosing. And the Senate is controlled by Republicans? Go figure. I have recommended that my organization stay neutral re S. 2392. A major disappointment. I will raise this issue at tomorrow's first meeting of Koskinen's IT-sector working group. Ken

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next