The Federal Reserve Bank of New York, just three blocks from the World Trade Center, remained open throughout the day, though it shifted its electronic funds transfer and security transfer system to backup computers at the Federal Reserve Regional Bank in Richmond, Virginia.
Involvement in two dozen new electronic trading ventures could put Goldman at the center of a new financial world--and someday may even threaten the existence of the floor traders and securities salesmen that made Goldman great.
Just two of those gates: UPS has delved into the world of electronic funds transfer with its new COD program and into Web retailing with a call center run on behalf of Nike.com.