Also, two new GAO reports have been added to the site. You can find these item in our studies section . Visit House committees and examine their efforts to review the implications of the Year 2000 problem. Examine testimony from Senate committee hearings on the issue. Because the degree of risk to the banking system is unknowable, the banks' prospects may depend as much on mass psychology as on modern technology.
Banking is, after all, partly an act of faith.
No bank could satisfy simultaneous demands by all customers to have their deposits in cash. In ordinary times, no one expects them to.