Chief of mortgage lending firm charged with securities fraud

The attempt to get TARP funds was just one part of a scheme that was "truly stunning in its scale and complexity" and that resulted in losses of more than $1.9 billion, Lanny Breuer, the Justice Department's assistant attorney general for the criminal division, said at the Justice Department in Washington on Wednesday. Shawn Henry, deputy director of enforcement, looks on.

The attempt to get TARP funds was just one part of a scheme that was "truly stunning in its scale and complexity" and that resulted in losses of more than $1.9 billion, Lanny Breuer, the Justice Department's assistant attorney general for the criminal division, said at the Justice Department in Washington on Wednesday. Shawn Henry, deputy director of enforcement, looks on.

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