IN BRIEF (Page 17)

Lehman sues Barclays

Lehman Brothers Holdings Inc has filed a lawsuit against Barclays Capital Inc alleging the British bank took control of excess assets in collusion with Lehman executives when it bought its US brokerage business a year ago, court documents show. Lehman filed for bankruptcy on September 15, 2008, in the largest US bankruptcy in history. Its flagship US brokerage business was sold to Barclays less than a week later in a hurriedly assembled deal. Lehman said in September this year that Barclays Capital got an $8.2 billion "windfall profit" due to the fire sale of its business for an undisclosed $5 billion discount off the book value of securities transferred to Barclays.

Fed 'weak', says TARP