U.S. judge approves Lehman asset sale to Barclays

A U.S. bankruptcy judge approved a revised version of Barclays' deal to purchase the core U.S. business of Lehman Brothers. In a Manhattan court hearing that started on Friday and lasted past midnight, U.S. Bankruptcy Judge James Peck approved the sale, saying he had found no better alternative for the assets Lehman sought to sell. "This week more than any other week since I was appointed to the bench I have felt the awesome power of this job," Peck told a packed Manhattan court room, at the end of a nearly seven-hour hearing

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