Lehman Bros. used accounting trick amid financial crisis – and earlierFailed investment bank Lehman Bros. used an accounting trick at the end of each quarter to make its finances appear less shaky than they really were, says a report from an examiner.

Lehman’s accounting tricks unveiled?Associated Press WASHINGTON — An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has found. The question now is whether the trickery spells legal jeopardy for executives of Lehman or its auditors Ernst & Young.

Plano Murder Suspect Arrested In Houston AreaAuthorities were called to a Plano home on Wednesday night for reports of gunfire. When police arrived on the scene, they discovered a woman, 37-year-old Minal Bhagat, shot dead inside the home. Eight hours later, police arrested her husband, 48-year-old Barinder Singh, in the Houston area in connection with the murder.