IP: Lobbyists for Y2K liability limits

[Dave Farber <farber () cis upenn edu>]

http://cgi.pathfinder.com/netly/article/0,2334,13880,00.html


TIME.com / The Netly News
July 1, 1998


   Lobbyists for Y2K Liability Limits
   By Declan McCullagh (declan () well com)
   
   Nobody knows for sure what will happen when computer clocks reach
   1-1-00, but one thing seems certain: Anyone with a Y2K problem will
   want to blame it on someone else. One estimate predicts that
   Y2K-related litigation in the U.S. will top $1 trillion. The solution,
   according to speakers at the National Association of Manufacturers
   yesterday, is for Congress to pass a law curbing liability. "That
   would give [companies] some protection under some circumstances," said
   Ed Yardeni, chief economist for Deutsche Bank Securities.


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