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


To: Jeff Mizer who wrote (8534)9/6/1999 11:31:00 PM
From: Cheeky Kid  Respond to of 9818
 
Blindness? Blindness? I see clearly and hear perfectly!!

Some people, on the other hand, see things and hear things...not that they are real...That's why radio shows like Art Bell flourish!



To: Jeff Mizer who wrote (8534)9/7/1999 6:41:00 PM
From: C.K. Houston  Respond to of 9818
 
66% Of U.S. Banks Receive 'High' Y2K Grades;
Only 4.5% Rated 'Low' or 'Below Average'

(WEISS-RATINGS - September 7)

... the Weiss results continue to contradict recently announced tallies by the FDIC -- that less than one percent of insured institutions have failed to achieve a "satisfactory" rating in their Y2K compliance evaluations.

"This discrepancy remains a mystery to me," added Dr. Weiss. "We are using the regulators' exact guidelines. Therefore, regulators are either basing their statistics on old data or are giving banks some leeway in their evaluations. Either way, the end result is that consumers are not being given an accurate picture." ...

While none of the very large banks surveyed by Weiss (with $1 billion or more in assets) received "Low" Y2K grades, banks such as Imperial Bank (Englewood, CA) and Lockport Savings Bank (Lockport, NY) were graded "Below Average" for their Y2K progress. The largest banks receiving a grade of "Average" include Bank of America (Charlotte, NC), Citibank (New York, NY), and Morgan Guaranty Trust Co. (New York, NY) [...]
businesswire.com

Cheryl
68 Federal Work Dates until Year 2000