Year 2000 Computer Problems: Banking

Regulatory officials and banking leaders testified about the banking industry’s ability to cope with the year 2000 computer… read more

Regulatory officials and banking leaders testified about the banking industry’s ability to cope with the year 2000 computer problem. The first panel of regulators discussed how they intended to obtain and maintain public confidence in banks. They generally agreed that it was critical that banks provide the public information on progress made in preventing any glitches in their computer systems. The second panel of officials from community banks also testified about the need to share information with customers. They also urged legislators to restrict litigation against banks which had made a good-faith effort to solve the problem and had provided accurate information on the steps taken to solve the problem. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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Year 2000 Computer Problems: Banking

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Program ID:
122460-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Apr 13, 1999
Last Aired:
Apr 14, 1999

Airing Details

  • Apr 13, 1999 | 10:00am EDT | C-SPAN 3
  • Apr 14, 1999 | 2:51am EDT | C-SPAN 2
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