Banks appear prepared for millennium, but precautions still a good idea
http://www.cnnfn.com/1999/06/18/life/q_y2kfinance/

In essence:

• financial institutions are making good progress, but there are a few that are lagging behind a little
• regardless of their readiness, there are great unknowns
• chances of major disruptions are slim
• keep paper copies of your records, it's basic common sense
• monitor for errors
• call your bank if you're concerned
• if you have a credit card with an expiration date after January 1, 2000, consider carrying a second card that does not have a 2000 date.
• don't take large amounts of cash out of the bank
• your $ is FDIC insured, your mattress/hiding place is not
• you may, however, want to withdraw a little extra cash right around Jan. 1, just enough for what you may need over the long holiday weekend
• extra currency is being printed
• be aware of y2k cons

Take it for what it's worth.

-- Tim (pixmo@pixelquest.com), June 18, 1999

Answers

One more bullet for this interesting list:

 only leave such assets you are willing to completely lose in (1) the fractional reserve banking system and (2) the hyper-inflated securities market.

Caveat Emptor.

-- Procopious (valleycable@earthlink.com), June 18, 1999.

CNN = Mouth Piece for the Administration + John Ko-skin-em

Ray

-- Ray (ray@totacc.com), June 18, 1999.

Clinton News Network

-- CNN (fob@cnn.tv), June 18, 1999.

That's GO-SKIN-EM (Koskinen)

-- living in (the@real.world), June 18, 1999.

"if you have a credit card with an expiration date after January 1, 2000, consider carrying a second card that does not have a 2000 date."

Now what good is an expired credit card going to be after 1/1/2000?

-- kozak (kozak@formerusaf.guv), June 18, 1999.

I don't think Paul is the issue.

-- number six (Iam_not_a_number@hotmail.com), June 18, 1999.

Well, of course you are right Number Six. But, if they attended to the obvious, then the Fabulous Flying Whatevers wouldn't have gotten to show off this neato HTML table.

-- RUOK (RUOK@yesiam.com), June 18, 1999.

Customer account statements cannot be used to settle FDIC deposit insurance claims--only bank deposit records can. See page 11 of the FDIC's "The Financial Instituion Employee's Guide to Deposit Insurance."

-- Don Florence (dflorence@zianet.com), June 19, 1999.

Customer account statements cannot be used to settle FDIC deposit insurance claims--only bank deposit records can. See page 11 of the FDIC's "The Financial Institution Employee's Guide to Deposit Insurance."

-- Don Florence (dflorence@zianet.com), June 19, 1999.

Gert yer moola aht pronto...

-- Andy (2000EOD@prodigy.net), June 19, 1999.