Will Your Bank Live To See The Millennium?

The Year 2000 glitch could sink lots of smaller techno-laggards

Business is booming for John McIsaac, a consultant who helps small banks with Year 2000 issues. But his life could get a lot more hectic. Recently, McIsaac, the CEO of Market Partners Inc. in West Chester, Pa., was approached by executives of a midsize regional bank with $20 billion in assets that had not started its program to fix its computer coding. The bank had hired a consulting firm, but the contract fell apart when the firm "found a more attractive financial deal," says McIsaac. "In this industry, there's more work than consulting companies can handle."

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