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Summary and Comments

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Category: 

Stock_Market

Date: 

1997-08-14 11:50:23

Subject: 

Millennium Bomb May Cripple Wall Street (London Times)

  Link:

http://www.compinfo.co.uk/y2k/wallstrt.htm

Comment: 

This story from London's SUNDAY TIMES (Aug. 3) warns: "Millennium bomb may cripple Wall Street." The article quotes an anonymous banker:

"This is not a prediction, it is a certainty there will be serious disruption in the world's financial services industry. I can't tell whether it's going to be 10% business failure, or a meltdown, but it's going to be ugly." He predicted a millennium-induced worldwide crash "around the middle of 1999".

Link: 

http://www.compinfo.co.uk/y2k/wallstrt.htm

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