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‘Friends of the Court’ Have Hidden Ties To Big Investors

FYI: Chuck Cooper, one of Washington’s top litigators, gives each new lawyer in his firm a full-size broadsword, a reminder of his motto: “Victory or death.”

For the past four years, Cooper has pursued a claim against the U.S. government that could generate a huge payday for his client, Bruce Berkowitz, a wealthy Miami investor. Berkowitz is one of a group of money managers betting on a rebound in the shares of mortgage giants Fannie Mae and Freddie Mac, rescued by the U.S. during the financial crisis. In more than 20 lawsuits, investors are asking courts to order government action that would boost the price of the shares.
Regards,
Ted
https://www.bloomberg.com/graphics/2017-fannie-freddie-friends/
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