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[tomterrific14]

MADRID (MarketWatch) -- Liquidators for Lehman Brothers in the U.S. have asked Barclays PLC (BCS:Barclays PLC News , chart , profile , more Last: 3.89-1.10-22.04% 10:50am 03/05/2009 Delayed quote dataAdd to portfolio Analyst Create alert Insider Discuss Financials Sponsored by: BCS 3.89, -1.10, -22.0%) (UK:BARC:barclays ord gbp0.25 News , chart , profile , more Last: 70.60-15.70-18.19% 3:35pm 03/05/2009 Delayed quote dataAdd to portfolio Analyst Create alert Insider Discuss Financials Sponsored by: UK:BARC 70.60, -15.70, -18.2%) to account for some $3.3 billion that was earmarked for bonuses and other liabilities that the U.K. bank received last year when it bought part of the the bankrupt U.S. company in 2008, according to a report in the Financial Times. The move by Alvarez & Marsal, which is in charge of recovering funds for creditors, questioning how Barclays used the money could fuel controversy over bonuses paid to Lehman executives who stayed with the U.K. bank. Citing people close to the situation, the FT reported that Bryan Marsel, who heads the firm managing Lehman's liquidation, wrote to Barclays on Feb. 19, asking it to explain the $4.2 billion transferred to the U.K. bank after the takeover. That sum is composed of $2 billion for compensation and $2.25 billion for other purposes -- with an estimate by Marsel's firm that investment banking arm Barclays Capital, has spent about $900 million.