A Parable on banks. Two boys were playing on the shore of a lake and saw the sign which said do not feed the alligators. The younger boy said lets get out of here. The older boy said oh don't worry about it, the gators don't bit unless they are hungry. So theygreenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread
stayed and played near the water. The younger boy was standing in the shallow water and all of a sudden the gator grabbed him, pulled him under the water, drowned him and ate him. The older boy watched in horror, and ran home to tell his mother.
The moral of the story is do not listen to older experts unless you are sure that they know what they are talking about and that they are not getting ready to feed the gator. This is a more realistic comparison to bank failures than the ABA post about Orson Wells and the War of the Worlds posted about 12 posts down from here under "ABA has gone too far". If you believe that the gator will not get hungry, your money is safe in the bank. If you think that there are gators in that lake and it is time for their meal, get away from the water. Even Curly would figure this out, withdraw himself from the water and head for home. Even if the computers are fixed, loan losses caused by business bankruptcies by unremediated companies could bankrupt the banks. That term fits in this context.
-- Moe (Moe@3stooges.gom), August 17, 1999
Good analogy. However I doubt that many folks have that much common sense anymore.
-- Forrest Covington (email@example.com), August 17, 1999.
Nyuk, nyuk, nyuk!
-- Randolph (firstname.lastname@example.org), August 17, 1999.