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Summary and Comments

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Category: 

Banking

Date: 

1998-05-25 08:24:25

Subject: 

Bank of America: $350 Million Budgeted

  Link:

http://www.sunday-times.co.uk/news/pages/sti/98/05/24/stibusnws01025.html?1733620

Comment: 

The Bank of America has budgeted $350 million for its y2k project, one-third for programmers' salaries.

This was before the Gartner Group's report that repair costs per line have gone from $1 to over $6.

This report on the Bank of America appeared in London's Sunday TIMES (May 24).

Link: 

http://www.sunday-times.co.uk/news/pages/sti/98/05/24/stibusnws01025.html?1733620

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