Well loose one gain one.

I saw a post on the z/VM list that the University of Maine just shut down their 
mainframe operation.

--- On Thu, 1/7/10, Chase, John <jch...@ussco.com> wrote:

> From: Chase, John <jch...@ussco.com>
> Subject: Re: Korean bank Moves back to Mainframes (...no, not back)
> To: IBM-MAIN@bama.ua.edu
> Date: Thursday, January 7, 2010, 1:46 PM
> > -----Original Message-----
> > From: IBM Mainframe Discussion List On Behalf Of Hal
> Merritt
> > 
> > Concur. It would appear that the consumer electronic
> financial
> infrastructures are quite different
> > outside of the US. Indeed, ours seems pretty primitive
> and a lot less
> consumer friendly. More, they
> > don't seem to have quite as much of a fraud problem as
> we seem to
> have.
> > 
> > I think I read somewhere that they don't use 'credit
> cards' as we know
> them in Asia. Rather, it is
> > more of a 'smart card' strategy.
> > 
> > Wonder how this works without fees?
> 
> Two possibilities come immediately to mind:
> 
> 1.  Interest on loans, and/or
> 2.  Government (tax) subsidy.
> 
> I doubt "corporate altruism" enters into the equation.
> 
>     -jc-
> 
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