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To: C.K. Houston who wrote (6717)	12/1/1997 11:17:00 PM
From: Jack Zahran	Respond to of 31646

From WSJ Interactive Y2K Discussion thread: Here is the most interesting article I have read in a long time. The Sunday Times says Clinton has been briefed on Y2k by some heavy hitters. The article says Clinton received a special report by Casper Jones and that Clinton was briefed by his adviser on the millennium bug, Howard Rubin. (Clinton has an advisor on Y2k? Yippee!) Jones is a Year 2000 leader. It's easy to know what he told Clinton: there is a very serious problem. Jones' standard report can be found at spr.com Rubin appears to be likewise solid on Y2k. Information about him is available at cutter.com If Clinton continues to ignore Y2k, he will deserve his legacy as the president who failed his country by not building a bridge to the 21st century. A portion of the article is quoted below, and it can be found at: sunday-times.co.uk F. Snyder Gokey snyder@linkup.net SUNDAY TIMES - November 23 1997 WHITE HOUSE IS WARNED OF EMU TIMEBOMB David Parsley and David Smith THE White House has been advised that the combination of European monetary union and the "millennium timebomb" could be a financial catastrophe. President Clinton has been told by specialist consultants to call for postponement of the starting date of the single currency. A confidential report requested by the White House, and seen by The Sunday Times, recommends that he "formally request that the European Union should delay the Euro-currency date until after the year 2000 problem can be dealt with". The report, from Capers Jones, a computer-software consultant, adds: "Since no company or country has enough resources to do both upgrades, it would be prudent for the European community to move the date for Euro currency conversion from 1999 to 2005." It suggests the $95 billion (œ56 billion) costs of converting European computer software to cope with the millennium problem are similiar to those for dealing with conversion to the single currency - $85 billion (œ53 billion). It also warns of huge costs in Europe for "damages, litigation and recovery of unrepaired software applications". The president was briefed on the paper by Howard Rubin, his adviser on the millennium bug, known as Y2K in America. "It is my belief that because the US is around two..