Case 1:05-cv-01483-JDB Document 33-17 Filed 06/21/2007 Page1of5 EXHIBIT O Case 1:05-cv-01483-JOB Document33-17 Filed 06/21/2007 Page 2of5 00001 1 IN THE UNITED STATES DISTRICT COURT 2 SOUTHERN DISTRICT OF MISSISSIPPI 3 SOUTHERN DIVISION 5 CAM FINANCIAL SERVICES, INC., 6 Plaintiff, ; Case No.1:01cv314BrR 7 Vv. 8 GENERAL STAR NATIONAL INSURANCE : 9 COMPANY; GENERAL STAR INDEMNITY : 10 COMPANY; GENERAL STAR MANAGEMENT : 11 COMPANY, GENERAL RE CORPORATION; : 12 GENERAL REINSURANCE CORPORATION; : 13 CRUMP INSURANCE SERVICES OF 14 MEMPHIS, INC.; CRAIG OTT, 15 INDIVIDUALLY AND IN HIS 16 REPRESENTATIVE CAPACITY AS VICE : 17 PRESIDENT OF GENERAL STAR 18 MANAGEMENT COMPANY 19 FEDERAL NATIONAL MORTGAGE 20 ASSOCIATION 21 (FANNIE MAB), 22 Defendants. 23 ----------------- x 24 25 May 5, 2003, FM of MAW Page 1 CONFIDENTIAL FNMA.MBW.002921 Case 1:05-cv-01483-JOB Document 33-17 Filed 06/21/2007 Page Sotsd 00002 1 Washington, D.C. 2 Monday, May 5, 2003 3 Videotaped Deposition of MARIALICE 4 WILLIAMS, a witness herein, called for examination by 5 counsel for Defendant, Fannie Mae, in the 6 above-entitled matter, pursuant to subpoena and 7 agreement, the witness being duly sworn by PENNY M. 8 DEAN, a Notary Public in and for the District of 9 Columbia, taken at the offices of Steptoe & Johnson, 10 1330 Connecticut Avenue, N.W., Washington, D.C., at 11 9:55 a.m., Monday, May 5, 2003, and the proceedings 12 being taken down by Stenotype by PENNY M. DEAN, RPR, 13 and transcribed under her direction. 14 15 16 17 18 19 20 21 22 23 24 25 May 5, 2003, FM of MAW Page 2 CONFIDENTIAL FNMA.MBW.002922 Case 1:05-cv-01483-JOB Document 33-17 Filed 06/21/2007 Page dots 00032 1 was also giving Grace Huebscher the decision-making 2 power and she clearly indicated that she did not want 3 todo any further business with me. 4 BY MR. WIMBERLY: 5 QQ. And how was he giving Ms. Huebscher the 6 decision-making power? 7 ~~ +A. I met with Ms. Huebscher at a restaurant 8 along with Rhoda Newman who used to work for me when 9 I was at Fannie Mae. And Ms. Huebscher indicated 10 that she was looking for new and innovative ways to 11 lay off risk and I told her that ] had several brand 12 new concepts that I had developed and she indicated 13 that she would like to sign a confidentiality 14 agreement with me at that time and after doing so -- 15 and it was a five-page confidentiality agreement 16 which covered all the ideas which I would disclose to 17 Ms. Huebscher. After that, and I brought in at great 18 expense and difficulty the internationally renowned 19 expert on captive insurance companies who had just 20 completed writing the regulations for the District of 21 Columbia and the application for the District of 22 Columbia's new captive program, she listened to all 23 of my ideas, I then began to corresponded with her by 24 e-mail and she would not respond to me at all, she 25 would not respond, I would cc Mr. Lawch, she would May 5, 2003, FM of MAW Page 32 CONFIDENTIAL FNMA.MBW.002952 Case 1:05-cv-01483-JOB Document 33-17 Filed 06/21/2007 Page Sots 00033 1 not respond. So I received no response to any of my 2 efforts and therefore could not press any further 3 with Fannie Mae. 4 QQ. When was that? 5 A. Some time -- it was over a very long 6 period of time, I spent a great deal of effort trying 7 todo business with Fannie Mae. It was over the 8 years between 1998 -- well, not really, probably _ 9 around 1999 after the -- the 12-month period had 10 elapsed in which I could not be considered for 11 employment and felt they probably wouldn't utilize me 12 as aconsultant either. In fact, I did get 13 rejections of my efforts to get hired as a consultant 14 from Mr. Lawch so that was when I was working with 15 the former owner of the Denver Bullets, Denver, is it 16 Denver, whatever the Denver basketball team is -- 17 —s_ Q._-—s Nuggets. 18 A. Nuggets, right. And he approached 19 directly -- yes, ] know that Washington was the 20 Bullets and now they are the Wizards and I think they 21 are both horrible names, buy anyway when I was 22 working -- J attempted to work with everybody, let me 23 just put it that way. I tried to go through Frank 24 Rains, I tried to go through Richard Lawch, I tried 25 to go through Rob Levin. I tried -- and these were May 5, 2003, FM of MAW | Page 33 CONFIDENTIAL FNMA.MBW.002953