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Lehman Brothers invested in IT despite credit crunch

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Old Sep 16, 2008, 01:58 PM   #1
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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.
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Source: Computerworld
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