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

To: flatsville who wrote (9406)12/14/1999 7:30:00 AM
From: William Peavey  Read Replies (1) | Respond to of 9818
 
Have there been any Bank Holidays in our era? During the Depression I believe the cash economy was probably more important than the check (cheque) economy. So, I ask you, if we had one today, would back office personnel still report in to process checks and credit card receipts? Or is it like hitting the circuit breakers and suspending trading on a stock exchange. Everyone catches his breath, takes a moment to stare into the abyss, and then the battle resumes.

Perhaps simplistic, but food for thought.

Bill



To: flatsville who wrote (9406)12/14/1999 8:26:00 AM
From: Runner  Respond to of 9818
 
Oh, I get it. Maybe they would have people line up at schools, churches, or supermarkets to cash their checks and get cash. <gg>

Runner


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