A Year Of Many Moves Even With The Threat Of Y2K

PORTFOLIO MANAGEMENT

NEW YORK--The major story across the entire financial community this past year--at times it seemed across the entire community period--was Y2K. These three characters permeated nearly every aspect of the industry, and understandably so. While companies scrambled to achieve Y2K compliance, many adopted a conservative philosophy, opting not to make any significant changes until after the passing of the critical date. Others, whether because or in spite of the issue, overhauled their entire

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