Don't panic, but do act, says Clinton's year-2000 crisis man

Article Abstract:

John Koskinen of the National Security Council is Pres Clinton's point man on the Year 2000 transition problem for computers. Some scenarios have the transition from 1999 to 2000 on Jan 1, 2000, which will zero out computer calendars, causing massive disruptions to the national and global economies due to interruptions to the telecommunications, financial and air traffic control systems and power grids, but Koskinen is confident that the transition will be a smooth one due to the efforts of the federal government.

Information Systems, Methods, Management, Officials and employees, Year 2000 transition (Computers), Information management, United States. National Security Council

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Securitised financing gathers new force

Article Abstract:

Australia's financial sector is expected to generate creative and innovative deals in 1998, building on the previous year's 125% increase in structured finance securities. Analysts are anticipating an expansion of the asset-backed securities market, from mortgages to potential income. Further penetration into international credit markets is also expected.

Financial Services, Finance and Insurance, Australia, Financial services industry, Forecasts and trends

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Tech Wreck 2: the sequel

Article Abstract:

American investors are anxious that the decline in online sales may lead to a slump in technology stock. Issues concerning the lead of the NASDAQ market and the future of the business-to-consumer (B2C) e-commerce stocks are presented.

High technology industry, Prices and rates, Stocks, Securities, Stock prices, NASDAQ Market System

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