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To: IngotWeTrust who wrote (47627)	1/28/2000 8:52:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116760

things like this are biggest threat to "new paradigm"(if one is to really believe such a concept): Bank robbery with out even a gun: Friday January 28 5:03 AM ET Glitch for Internet Bank Promotion - NYT NEW YORK (Reuters) - A Palo Alto, California-based online bank, X.Com which allowed customers to transfer funds from any other account in the nation's banking system, told the New York Times that someone armed with another person's account commandeered someone else's money into the Internet bank. X.Com, whose banking services are provided by X.com Bank, a division of First Western National Bank, told the Times it contacted law enforcement officials (cont) dailynews.yahoo.com

To: IngotWeTrust who wrote (47627)	1/28/2000 9:04:00 AM
From: long-gone	Respond to of 116760

Thursday January 27, 8:17 pm Eastern Time U.S. forex reserves up a touch in Q4 1999 -NY Fed NEW YORK, Jan 27 (Reuters) - The Federal Reserve Bank of New York said on Thursday that U.S. foreign currency reserves inched up in the last quarter of 1999 as the dollar put in a mixed performance against the euro and the yen. Total foreign exchange holdings stood at $32.18 billion, up a touch from $32.10 billion in the previous quarter, the Fed said in its quarterly report to Congress. Over the same period, the dollar depreciated by 3.7 percent against the Japanese yen but rose 6.2 percent against Europe's single currency. The report said global portfolio flows benefiting the yen and undermining the euro were behind some of the changes in the dollar's value. ``Expressing growing confidence in prospects for an upswing in Japan's economy, foreign investors increased their direct and portfolio capital investments in Japan,' the report said. But, the report said, ``the impact on the euro of widening U.S.-European yield differentials and reported global portfolio reallocatioms appeared to outweigh Europe's improving growth outlook and robust gains in its equity markets.' The Fed also said that U.S. monetary authorities had not intervened in currency markets in the fourth quarter, which confirmed market expectations. Broken down by category, monetary authorities held euro currency reserves totalling $13.74 billion at the end of the fourth quarter, down from $14.44 billion previously. Yen foreign exchange reserves rose to $18.44 billion, from $17.66 billion. The numbers excluded other cash flow from investments and interest ... biz.yahoo.com