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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: Technologyguy who wrote (7628)	8/3/1999 11:37:00 AM
From: bearcub	Read Replies (1) \| Respond to of 9818

former fed reserve member, janet yellin, was only the latest of 3 of the eleven district f/r heads to speak of this scheduled banking holiday as well as the duration of same in public speech before hundreds at a business luncheon, oh, about 4 months ago. speech contents were widely disseminated all over the net at the time. lyle grammley was the first to let the cat out of the bag in a similar public presentation at that time, and i have forgotten the name of the second one who declared it as well. having attended a few of those type presentation in my day, their comments, while not being just cogent, also are very very revealing as to current read on 'fed thinking between 6 week interest rate setting policy meetings.' you want to talk about 'inciting panic' how about the american public discovering this banking holiday fact too late to get any money out for oh, about 11 days after the new year, regardless of whether or not you wish to participate in logical discussion over probabilities that electrical grid will be down?