[taylodl]

No panic at all.

Mortgage systems were already fixed in 1970 (think about it).

Other loan management systems had to be fixed well before 2000 - you get a 5 year car loan in 1996 and guess what?

Embedded systems, which is what I was working on at the time, don't really give two shits about clock time. They care about interval time: i.e., the time between two events.

Most of the impacted systems were regulatory reporting systems - you know, the end-of-year, end-of-quarter, end-of-month type reports.

Yes, there were some issues, but it really wasn't that big of a deal, and most of the work to resolve the biggest issues had already been done years earlier. But it was a great press story! :)