As reported in The New York Times, the Justice Department made the decision not to file a civil fraud case against Angelo R. Mozilo, a co-founder of Countrywide Financial, which was one of the largest originators of subprime mortgages in the time leading up to the financial crisis. Prosecutors in Los Angeles, in conjunction with…

A New York Police Department sergeant was stripped of his gun and badge after fatally shooting a 66-year-old woman with a history of erratic behavior inside her Bronx apartment. NYPD Assistant Chief Larry Nikunen said the sergeant responded to a neighbor’s 911 call about the emotionally disturbed woman’s irrational behavior. Upon entering the seventh-floor apartment,…