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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: ThirdEye who wrote (8735)1/5/1998 10:46:00 AM
From: IVAN1  Read Replies (1) | Respond to of 13949
 
ALL: NY Times article .. interesting fact!!!

In today's NY Times there's an article about y2k. They cover a lot of ground we know ... KLM groundings etc. What I hadn't seen before was the following . . .

Bank of America is spending $80,000,000 JUST ON Y2K BONUSES!

That's right folks. $30,000,000 in bonuses to retain 600 key y2k staff. (That's a 50,000 per person bonus!) Also $50,000,000 to be split by employees who "spot impending bugs."

I don't know about you, but I think this is an AMAZING item!!

Best, Ivan1

P.S. Let's change the thread name as suggested. Great idea.