Feeds

More Millennium madness

Banks liquidise assets and terrorists prepare for D-Day

  • alert
  • submit to reddit

Maximizing your infrastructure through virtualization

If you're not ill at ease over the millennium yet, if you think it's just small fry panicking unnecessarily, then perhaps you'll listen to Scotland Yard and the New York Federal Reserve. Senior UK police officers have warned there is a "genuine and real" threat of a mainland bombing campaign over the New Year holiday by a coalition of terrorists, including former IRA members, who wish to disrupt the Northern Ireland peace process. Senior politicians and military staff will be taking extra precautions and security around Westminster, the City and Docklands has been increased. Police have been placed on an alert status one below a full-scale bombing attack. On the other side of the Atlantic, the New York Federal Reserve has sold $370 billion (£228 billion) worth of assets to banks in an attempt to reduce millennium bug fear. The Reserve deals with the stock market side of the US Federal Reserve and has said there will be more unscheduled auctions soon. Bankers were expecting ready cash to dry up as the new year approached, but the Reserve's heavy investment appears to have helped allay some fears. Now don't tell us this isn't getting a little worrying. ® Register footnote: One of our readers contacted us to say he thought we were milking the Y2k bug thread. If anyone can tell us how to milk bugs - millennial or otherwise - please get in touch.

The Power of One Infographic

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
prev story

Whitepapers

Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.