Lehman Brothers invested in IT despite credit crunch

Iria · Sep 16, 2008, 06:58 PM

Lehman Brothers Holdings Inc. was boosting its investment in IT even as it headed toward bankruptcy.

In the quarter ended Aug. 31, the New York-based company spent $309 million on technology and communications, up from $282 million in the same period last year.
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Source: Computerworld

Sep 16, 2008, 06:58 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Lehman Brothers invested in IT despite credit crunch Lehman Brothers Holdings Inc. was boosting its investment in IT even as it headed toward bankruptcy. In the quarter ended Aug. 31, the New York-based company spent $309 million on technology and communications, up from $282 million in the same period last year. _________ Source: Computerworld