Fannie Mae (FNMA)

[Patswil]

These documents show that, contrary to Defendants’ misleading submissions to the district court, the Net Worth Sweep was adopted for the improper purposes of awarding windfall profits to Treasury and preventing the Companies from rebuilding capital and returning to a sound and solvent condition.
http://www.glenbradford.com/wp-content/uploads/2016/05/14-5243-1615013.pdf

These aims are antithetical to Defendants’ statutory responsibilities under HERA, and the Net
Worth Sweep must be set aside.
May 25, 2016 Respectfully submitted,
Theodore B. Olson
Douglas R. Cox
Matthew D. McGill
GIBSON, DUNN & CRUTCHER LLP
1050 Connecticut Avenue, N.W.
Washington, D.C. 20036
Telephone: [phone]
Facsimile: 202.467.0539
Counsel for Appellant Perry Capital
LLC
/s/ Charles J. Cooper
Charles J. Cooper
David H. Thompson
Vincent J. Colatriano
Peter A. Patterson
Brian W. Barnes
COOPER & KIRK, PLLC
1523 New Hampshire Avenue, N.W.
Washington, D.C. 20036
Telephone: [phone]
Facsimile: 202.220.9601
Counsel for Appellants Fairholme
Funds, Inc., et al.