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A study of short term interest rate futures contracts revealed that the spread of value-oriented hedge trading resembled Pascal's spreading triangle. The futures market of short sterling deposits was analyzed for the study. Effects of changes caused by Y2K were anticipated.

Government agencies were able to manage the transition to the Year 2000 with almost no disruptions to computer dependent systems. Careful preparation and partnerships between government agencies and private business are credited.

Most US firms believe the investment to alleviate computer difficulties with the arrival of the year 2000 were worthwhile. Many companies plan to continue to monitor their computer systems during 1st qtr 2000.

The year 2000 crisis problem will continue to be a problem for many organizations long after the turn of the century, because they failed to cope with the crisis properly. Issues associated with the year 2000 crisis are discussed and post-millenium remedies are suggested.

Preparations for the year 2000 computer date change in Saginaw County, MI, are detailed. Emphasis has been placed on allocating responsibility for checking computer systems and on making investments in new computer systems only when strictly necessary.

LIMITING YOUR LEGAL LIABILITY There's still time - but have you taken these steps yet? It's New Year's Eve and the new millennium is bearing down on you and your [...]

The publication 'Machine Design' conducted a panel discussion with six computer experts to discuss the possible adverse effects of the Y2K problem. In general, the interviewees were optimistic that the preparations made by government and industry would avert a catastrophe of huge proportions. They also pointed out that there would possibly be minor problems, such as power outages and inconveniences to the retail industry. Some of the experts were more wary of how the Y2K problem would affect less prepared countries such as China and Russia., A roundtable of experts discuss what the Y2K problem might mean to design engineers. What will happen to computers worldwide on Jan. 1, 2000? Will their software crash or start [...]

The image of CIOs as the individuals responsible for leading their respective firms in dealing with the Y2K threat could expire sooner than originally anticipated. This is due to the inability of most CIOs to communicate the importance of Y2K investments to boards that are demanding returns from those investments. CIOs must be able to create value expectations that is shared across all depts as well as measure those expectations in a way that can be understood by business executives.

So all it takes is good coffee, a great package, creative marketing, and a competitive price to run a successful and profitable enterprise? You may be a whiz at marketing, [...]

The approach of the year 2000 is already causing deep concerns among various nations and industries all over the world. The potential impact of the problem, both in terms of financial and human costs, deserves a large amount of attention. The impending software failure is capable of creating unprecedented social and economic disasters if not properly addressed. The remaining time may be short, but with determination and fortitude, it is not impossible.

The financial industry will invest about $9 billion to prepare for computer problems related to the year 2000 computer date transition (Y2K) issue. Its diligence on the Y2K matter makes it one of the best-prepared industries worldwide. However, although US financial institutions have dealt effectively with the in-house challenges relating to Y2K compliance, they must increasingly shift their attention to external Y2K-related issues which are largely beyond their control. For instance, banks with foreign operations will need to scrutinize overseas transactions and foreign counter-parties since many nations lag behind the US in terms of Y2K compliance. Y2K-related representations and initiatives must be positioned in a manner that will reduce the potential for litigation.

Operators are wise to inventory, prioritize and test devices and systems, require customer assurances Pipe line operators are wise to view the possibility of computer glitches resulting from the rollover [...]

A five-step approach to Y2K as it affects credit unions is proposed. Most of what have been written about Y2K is inadequate because they seem to involve only three alternatives: correcting the BIOS (the hardware's basic input/output system), buying a new PC and acquiring software that would solve the Y2K problem. The approach recommended is composed of five layers, each of which must be coordinated with the rest. The layers are the BIOS, the operating system, software programs, user data and data sharing., The majority of what has been written and what is believed about year 2000 (Y2K) compliance for personal computers (PCs) is a myth. There are some common misunderstandings of Y2K [...]

The US is heavily dependent on information technology and is therefore highly vulnerable to the dangers that the Year 2000 computer date-change (Y2K) problem may bring. The potentially devastating impact of the Y2K problem is an urgent concern for both the public- and private-sector organizations. Disruptions in automated information systems may wreak havoc on business operations, financial transactions, health services, power distribution, national defense and other functions and services vital to the country. In view of the seriousness of the issue, Pres Clinton has created the President's Council on Year 2000 Conversion while the Office of Management and Budget has been monitoring the progress of major departments and agencies in achieving Y2K readiness.

The Y2K problem presents special challenges to servicers. The complex web of interactions at the heart of servicing makes the compliance challenge acute. Standard & Poor's is monitoring closely how [...]

Marriott Corp. takes steps to ensure facility readiness for the new millennium. In a business where safety is of paramount concern, followed closely by convenience for guests/occupants at the Western […]