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


To: NickSE who wrote (4071)2/24/1999 1:16:00 PM
From: B.K.Myers  Read Replies (3) | Respond to of 9818
 
From washingtonpost.com

Still, almost all government agencies are drawing up emergency plans, including the Fed, which plans to stockpile an extra $200 billion in cash for banks, about a third more than usual.

I assume that this is a misprint. It has been my understanding that the Fed plans to stockpile an extra $50 billion, not $200 billion.

B.K.