Charlie Engle Released From Prison. Proof Fed Goes After Little Guy

Big Guys Too Expensive To Prosecute Visit for breaking news, world news, and news about the economy   Sopan Deb Rock Center/NBC News An emotional Charlie Engle emerged from Dismas Charities, a halfway house in Greensboro, N.C., and greeted his two teenage sons, telling them he could not have done it without them. He […]

The Priorities Of The US DOJ Are Misplaced

The Mortgage Fraud Fraud Joe Nocera, NY Times I got an e-mail the other day from Richard Engle telling me that his son Charlie would be getting out of prison this month. I was happy to hear it. Charlie’s ordeal isn’t over yet, of course. When he leaves prison on June 20, Charlie, 49, will […]

The Feds Always Go After The Little Guy In Mortgage Fraud Cases

In Prison for Taking a Liar Loan Joe Nocera, NY Times A few weeks ago, when the Justice Department decided not to prosecute Angelo Mozilo, the former chief executive of Countrywide, I wrote a column lamenting the fact that none of the big fish were likely to go to prison for their roles in the financial crisis. […]

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