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Technology Stocks : Discuss Year 2000 Issues

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To: Jeff Mizer who wrote (2763)10/27/1998 11:13:00 PM
From: Ken Salaets  Read Replies (1) of 9818
 
Jeff, I would second that. John K. is very bright and a tough hombre, or he would never have been asked to do this mostly thankless job. He is a straight-shooter who is reluctant to use every "bullet" in his belt at this time, mainly out of concern that more frank comments could cause an over-reaction. Bear in mind, however, that while he is the leader of the Fed's Y2K effort, he is also an "employee" (and a loyal one at that) who takes orders from above, so it's not like he can just shoot from the hip, etc. It's an awesome responsibility, and John may well end up as the Admin's scapegoat if and when things don't go well, but from what I know of the guy from working with him, I suspect that, if that time comes, he will play that role with equal dignity! ggg.

Ken
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