TELLERS WEARING THIS BUTTON : Y2K READYgreenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread
Here in a Detroit suburb yesterday, I went to cash a check at First Federal Bank and most of the tellers were wearing a button that said this, Y2K READY.
Anyone seen this in other parts of the country.
I will be seening what happens to the Candian Banks over in Winsor, Ontario. Winsor is across from Detroit.
Get ready for the bankruns.
-- Ern (firstname.lastname@example.org), July 18, 1999
A local branch of M & I bank has an attactive "Y2K Ready" label on the doors-you can't miss it. In an ironic sense, they really are as ready as they are going to be. The label has a nice, impressive gold color, through.
-- Sure M. Worried (SureMWorried@about.Y2K.coming), July 18, 1999.
Oooo.. I LIKE it.
I want one of those buttons. Do you suppose my bank teller will give me one when I ask for my bank account to be cashed out. "Yes, thank you Ms. Teller... now I TOO am Y2K Ready.
But as for this leading to bank runs???
Is that assuming that Joe Sixpack discerns the difference between "Ready" and "Compliant", and knowing the difference is now suddenly alarmed and anxious to withdraw all his money?
Not unless Dan Rather has done a "Fleecing of America" segment on how we have all been duped by the PR flaks into ignoring the progression from 100% Compliant by Dec. 31, 1998... to ... Critical systems "Ready" by Dec. 31, 1999. Haven't seen that segment. Have you?
-- Linda (email@example.com), July 18, 1999.
For the masses to take notice it will have to be determined and reported that JFK, Jr.s accident was because of Y2K. Now THAT would start a bank run!
-- br14 (firstname.lastname@example.org), July 19, 1999.
Would they dismiss anyone who openly refused to participate in a PR campaign of half truths by 'donning the button'?
(wouldn't THAT get the break room buzzing)
-- Will continue (email@example.com), July 19, 1999.
The ATM where I bank tells you they're ready for 2000, then the receipt that it spits out tells you again. So there. You heard it from an ATM, it MUST be true.
Is it possible that Joe Sixpack will believe that? Is it possible that there won't be any bank runs?
-- wondering (firstname.lastname@example.org), July 19, 1999.
It might JUST be possible. Since - amazingly - 98%+ of the population seems to be snoozing, and since they are getting a steady mantra of "prepare for a 2 - 3 day storm.. take a little cash out to cover you over the weekend.. if they continue to believe that, then the bank runs - if they happen at all, might come right at Christmas time.
What about business' need for cash? They are much more likely - IMHO - to want a hefty cash reserve as part of their contingency plans. Just to be sure they can make payroll and keep their IT departments relatively happy in their lockdown bunkers if nothing else.
I think a lot depends on the markets. If there is another serious downturn the herd may start mooooving and bail from the markets.. to what? Banks? To those "Ready" buttons? Hard to tell.
-- Linda (email@example.com), July 19, 1999.
The teller's are wearing buttons that state, "y2k ready"? I guess this means that after the rollover, the tellers won't all of a sudden go on extended coffee breaks-loose track of time and not return to their window. LOL
-- CygnusXI (firstname.lastname@example.org), July 19, 1999.
Just ask them where is there backup generator (for the local power outages Koskinen is promising, and their backup phone system) - but only if you really want to know.
The sole, dominent and overriding thing this admistration is worried about is a bank run. Nothing else matters. they don't care about anything else - although some perhaps are loking forward to declare martial law so they can confiscate weapons from private owner.
-- Robert A Cook, PE (Kennesaw, GA) (email@example.com), July 19, 1999.
Buttons-heck...our bank and its branches have huge banners hanging outside anouncing they are Y2K OK...would scare me if I didn't use their services only to cash my paycheck. Every morning they have an informational on the radio...today it was all about them managing your money for a piddling sum and you could be in a mutual fund with othe investors--(who want to loose their savings in the stock market crash of '99 !) Will stick with my sock account.
-- MUTTI (windance @train.missouri.org), July 19, 1999.
Ern; Just had to respond to this one !!! the bank here ( Carolina Community Bank ) also has button, "We're Y2K OK " But now they can only wear them on Fridays,,used to wear them everyday... They also have a poster which states " WILL YOUR MONEY BE SAFE IN THE YEAR 2000 ?" Then it says, "Some people claim you should keep money under your mattress because many computers may not work after the year 2000. Well, we beg to differ, We're your bank and here are the facts. Bank regulators confirm the banking system is Y2KOK (which means we are prepared for the Year 2000). So you don't have to worry about your accounts,loans,direct deposit or even your ATM service. But, if you still have questions -please give us a call-because we're here for you.
The picture is of a person sleeping on a bed with money falling out from under the mattress.
-- Furie (firstname.lastname@example.org), July 19, 1999.