CHECK THIS ONE OUT SITE OUT!!!!!!!!!greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread
Still debating on wether or not to withdraw some money for Y2K?????Well, check this site out!!
THIS IS A MUST SEE!!!!!
-- IGETIT (iGETit@getit.com), February 09, 1999
Tomorrow I'm gonna walk in the bank, and say, "Hello, it's me again. Make it all ones, please." Today the young female teller gave me the weirdest look. I'll pick a different one tomorrow. :)
-- dinosaur (email@example.com), February 09, 1999.
"We're ready for a run, but I wouldn't recommend it."
-- Robert A. Cook, PE (Kennesaw, GA) (firstname.lastname@example.org), February 10, 1999.
yea, the FED's $50 bil... what's the current population, 250 mil? That's $200.00 per person. I can see why they're concerned about this. <:)=
-- Sysman (email@example.com), February 10, 1999.
The story about the $50 billion is close to becoming an Urban Legend with the media. It's true of course about the $50 billion. What's not generally known is that it went past "just" $50 billion. Here's a quote from an article in TechWeek dated November 2, 1998:
"Fed stashes cash to prepare for Y2K"
"Don't bank on it. We mentioned in a previous column that the Federal Reserve Board recently put aside $50 billion in preparation for Y2K bank runs (the Fed doesn't use that language, of course). Now they've stashed another $50 billion - a total of $250 billion. But is that enough to tide us over?"
[My comment on TechWeek's article: the Fed is VERY concerned about bank runs.]
-- Kevin (firstname.lastname@example.org), February 10, 1999.
"Still debating on wether or not to withdraw some money for Y2K?"
Hell no. The smart money's already out. Months ago.
-- small (email@example.com), February 10, 1999.