Wednesday, July 15, 2015 2:02:31 PM
TABLE OF CONTENTS Page TABLE OF AUTHORITIES ......................................................................................................... iii QUESTIONS PRESENTED............................................................................................................1 STATEMENT OF THE CASE........................................................................................................2 ARGUMENT ...................................................................................................................................3 I. FREDDIE MAC HAS IMPROPERLY DESIGNATED THE UNREDACTED INFORMATION AS PROTECTED INFORMATION. .....................................................3 A. The unredacted information does not come within the terms of the Protective Order’s definition of “Protected Information.” ......................................3 B. Keeping the unredacted information secret prejudices Plaintiffs’ ability to make their case.........................................................................................................6 C. Keeping the unredacted information hidden from the public contravenes First Amendment principles.....................................................................................7 D. The Protective Order permits the de-designation of partially redacted information under Paragraphs 17 and 19. ................................................................9 E. The Government’s assertion in the D.D.C. Fairholme litigation that the Net Worth Sweep was a policy-driven action is undermined by the unredacted information. The D.C. Circuit and other courts should have access to the relevant facts in making their decisions.................................................................10 II. ALTERNATIVELY, THIS COURT SHOULD AUTHORIZE PLAINTIFFS TO FILE THE DOCUMENTS IN THE FAIRHOLME D.C. CIRCUIT LITIGATION AND IN ANY OTHER ACTION CHALLENGING THE NET WORTH SWEEP IN WHICH PLAINTIFFS PARTICIPATE EITHER AS PARTIES OR AMICI. ............11 CONCLUSION..............................................................................................................................12
APPENDIX Exhibit 1: Exhibit 2: Exhibit 3: Exhibit 4: FHLMC_00002429...........................................................................................A001 Emails between Vince Colatriano and Counsel ...............................................A003 Transcript of July 16, 2014 Status Conference.................................................A011 FHFA Motion to Dismiss and, in the Alternative, for Summary Judgment, Fairholme Funds, Inc. v. FHFA, No. 1:13-cv-01053-RCL (D.D.C. Jan. 17, 2014), ECF No. 28.................................................................A017
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