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


To: Lucky Lady who wrote (12404)7/19/1998 3:16:00 PM
From: Todd Miller  Read Replies (1) | Respond to of 13949
 
The Federal Reserve and y2k:

biz.yahoo.com

An excerpt:

"Asked what the Fed would do to a bank that was not ready by January 2000, Conrad said he did not think the central bank would have to shut it down.

''The marketplace would in effect shut the bank down,'' he remarked."