-Caveat Lector-

Subj:   FDIC REFUSES TO DISCLOSE Y2K BANK READINESS
Date:   99-04-12 09:52:30 EDT
From:   xxxxxxxxxxxxxxxxx
To:     [EMAIL PROTECTED], [EMAIL PROTECTED]

FDIC REFUSES TO DISCLOSE Y2K BANK READINESS

...Banks are heavily regulated by the Federal Deposit Insurance Corp., which
is just winding up Phase II Y2K compliance this week, she said.  Phase III
runs through the end of the year, according to the Federal Reserve Board.
Each bank is rated as to its readiness, but that rating cannot be disclosed,
Gowans said....

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