Re: Chapter 13-2000 for MIS

[DAsmussen@xxxxxxx]

Glenn,

In a message dated 98-10-23 10:03:04 EDT, you write:

> What do you  think?
>  
>  ""Chapter 2000 - IT Bankruptcy
<<snip>>

In the words of my grandfather, "I'm agin' it".  Bankruptcy laws were created
to protect people from unforseen circumstances and from institutions that
provide credit too freely (such as Visa/MC giving $5K US credit limits to
college students without a job).  The Y2K problem is neither unforseen, nor
caused by any institution's incompetence (unless you count the short-
sightedness of our _entire_ industry -- and ya' can't sue us all!).  IMO,
companies have had enough reasons to ignore Y2K, and a "Chapter 2000" would
only justify their pig-headed inaction.  Besides, what litigation would it
prevent?  Bankruptcy lawyers are still lawyers...

JMHO,

Dean Asmussen
Enterprise Systems Consulting, Inc.
Fuquay-Varina, NC  USA
E-Mail:  DAsmussen@aol.com

"The greatest pleasure in life is doing things people say you cannot do." --
Walter Bagehot
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