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

To: Joseph E. McIsaac who wrote (2596)	9/22/1998 8:40:00 AM
From: flatsville	Read Replies (1) \| Respond to of 9818

Joseph--Thanks for the overview. Your explanation of the process has taken the mystery out of it for some of us I'm sure. I plan to spend some time poking around your company's website marketpartners.com My understanding from the Credit Union Times article was that the gag order was to prevent banks from using the ratings to lure customers away from other banks (marketing ploy.) Of course this puts bank customers in a difficult position. Assuming I want to keep some money in an account where do I go for independent info on the y2k health of my institution? Will any of the rating info ever become public? What would be the critical disciplinary action/measures to look for? Would the disciplinary action be published somewhere? The Federal Register? "flatsville"

To: Joseph E. McIsaac who wrote (2596)	9/24/1998 12:01:00 PM
From: Bill Ounce	Read Replies (3) \| Respond to of 9818

Wow, we have someone with industry knowledge of bank examining... >>BTW, my firm trains federal bank examiners on executing Y2K exams. We are training the Federal Reserve examiners right now on Testing and Contingency planning. There is a very diverse level of technological understanding in the group, from very capable IT examiners to non-technical banker-types. << This is proving to be a good forum. Please keep us informed if "the regulators start issuing wholesale disciplinary measures sometime around next March." It would love to balance your opinion with those of people like Gary North :-)