Y2K: The Winter of Our Disconnect?

Y2K Information from the top five banks in the U.S.

Citicorp
Bank of America
Chase Manhattan
J.P. Morgan
Bank One Corporation

 

with Bob Cringely
History or Hysteria? #4

Prediction #5

Our bank accounts are going to drain, or the accounts of a few lucky people will be filled with money by mistake.

Banks may be the most computerized business in the United Sates. The largest banks employ huge IS departments to maintain immense computer networks. If any business was vulnerable to the Y2K problem, banking is it.

However, banks make their money by keeping their customers' money safe. Banks have spent millions of dollars to make sure all their accounts will remain safe over New Years.

If there is a problem, accurate and up-to-date records will help you correct any mistakes. So save all your account reports for 1999 in a nice and safe place, just in case.

Predictions

 


UPDATE | Millennial Mania | Truth or Dire Consequences
Double Digit Debacle | Survivalists and Social Security
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