Links at October 13 Senate Y2K Committee website are now links to HTML documents.greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread
This morning, the links at the website of the October 13 testimonies to the Senate Y2K Committee were links to PDF documents. They are now links to HTML documents.
-- Lane Core Jr. (email@example.com), October 14, 1999
The links are all now .htm except for Nick Gogerty's testimony on global finance which is still in .pdf format.
-- Linkmeister (firstname.lastname@example.org), October 14, 1999.
Great. Gegerty's was the most damning. Gotta keep that locked up in PDF locked files so that .005% of the public will see it.
-- Dog Gone (email@example.com), October 14, 1999.
Gogerty made a very important point:
No matter whether Y2K = BITR or Y2K = TEOTWAWKI; the global $1 Trillion US dollar per day foreign exchange trading cannot tolerate any settlement delays. Therefore, the money managers will take premptive action and seek safe havens prior to Y2K: flight to quality; flight to liquidity; credit tightened; flight to physical assets; etc.
Based on this it seems a recession is inevitable as our best case scenario - eliminating anything on the 1-4 scale of Webster's Y2K impact scenarios.
If you doubt this read the global finance addendum and check out the graphic on page 34.
-- Bill P (firstname.lastname@example.org), October 14, 1999.