An opinion piece by Irving Wladawsky-Berger, a contributor to the Wall
Street Journal's CIO Journal has the following paragraph.

"The shake-up of banking should be great for customers, according to
the Economist. “The benefits of technological change are likely to be
vast. Costs should tumble as branches are shut, creaking mainframe
systems retired and bureaucracy culled.”

Irving Wladawsky-Berger is a visiting lecturer at MIT which has the
following brief biography.  "After a 37-year career with IBM,
Wladawsky-Berger retired from the company in May of 2007. At IBM, his
primary focus was on innovation and technical strategy. He was
responsible for identifying emerging technologies and marketplace
developments critical to the future of the IT industry and for
organizing appropriate activities in and outside IBM in order to
capitalize on them. Wladawsky-Berger led a number of IBM’s companywide
initiatives, including the Internet and e-business, supercomputing,
Linux, and Grid computing. He continues to consult for IBM on major
new market strategies like Cloud Computing and Smart Planet. In March
of 2008, Wladawsky-Berger joined Citigroup as a strategic advisor,
helping with innovation and technology initiatives across the company.
He is helping to formulate Citigroup initiatives related to the future
of global banking, including mobile banking, Internet-based financial
services, and financial systems modeling and analysis."  

Given his background it is troubling for those of us who support the z
series.  

The following URL is for the article.
https://emailshare.cmail19.com/t/n/d-l-25bb70929cfa11e9a60d64415353e21b-l-d-r-l/

Clark Morris

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