The government will host a year-2000 summit on Dec. 3 to alert the banking industry to potential weak spots in the nation's infrastructure.
Though the agenda for the daylong meeting has not been finalized, telecommunications and energy experts are expected to brief bank trade group leaders on efforts being made to avoid computer-related calamities, such as power blackouts and telephone line interruptions. The President's Council on Year-2000 Conversion, a temporary federal office created in February, is hosting the summit. The council is staffed by officials across the government to tackle the year-2000 concerns related to more than 30 industries. The financial services group is chaired by Stephen Malphrus, director of information resources management at the Federal Reserve Board.
The council has two more year-2000 meetings tentatively scheduled for the financial services industry in May and September 1999.