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To: Alex who wrote (24160)12/11/1998 3:27:00 PM
From: John Mansfield  Respond to of 116972
 
[roleigh_for_web] Is the FDIC requesting banks to get backup
generators?
By Roleigh Martin @tc.umn.edu
Thursday
December 10, 1998
10:05 PM PST

Very interesting post. If anyone works or knows someone who works for the
FDIC or one of it's regulated banks, please drop me a confirming note if you
can.

If this is true and you are thinking of buying a power generator for a business, I'd
place my order immediately! If this is true, this will place a big demand on
commercial-size power generators.

Readers, do not take the below as "Gospel Truth." This is only an unconfirmed
rumor at this point. It is something that can be confirmed only with someone who
has firsthand knowledge. That is the purpose of this post.

--Roleigh

From: "Mike"
To: [a news group who prefers to keep their posts private] Date: Thu, 10 Dec
1998 21:12:55 -0800

Lifted from the news group..

mike

-----Original Message-----


On today's Chuck Harter radio show, Terry Reed, former CIA employee
and author, was the guest. He had a couple of interesting observations.

First, he said he had dropped by his bank Monday and found his
banker poring over a new directive from the FDIC mandating the bank to
install a generator to insure ATM operation in the event of a power failure.
Usual threat of losing their 'insurance' if they don't comply. This will
apparently be in the next 'Banking Package' to be delivered to the public to
facilitate confidence in banks.

[snip]

--------------------------------------------------------------------------

Roleigh Martin ourworld.compuserve.com
( easy to remember alias is: webalias.com )
(A Web Site that focuses on Y2k threat to Utilities, Banks & more) Subscribe
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