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April 22, 2009 at 10:24:22

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Promoted to Headline (H3) on 4/22/09:

Freddie Mac Acting CFO Suicides

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By Rob Kall (about the author)     Page 1 of 1 page(s)

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For OpEdNews: Rob Kall - Writer

Suicide by the acting CFO of Freddie Mac, which owns or manages over 13 million mortgages.

David Kellerman, who hanged himself, took over as CFO last October. Freddie MAC is under investigation. Kellerman was with Freddie Mac in different job capacities for 16 years.

AP reports, 

Mary Ann Jennings, director of public information for the Fairfax County, Virginia, Police Department, said Kellermann was found dead in his suburban Virginia home. The police would not say if a suicide note was found.

Kellermann, 41, lived in Hunter Mill Estates, a well-off neighborhood of large single-family homes with manicured lawns. County records show Kellermann's home is worth about $900,000.

He worked for Freddie Mac for the past 16 years and was named acting chief financial officer last September when the government seized control of the company to keep it from failing. Freddie Mac lost more than $50 billion last year, and the government has pumped in $45 billion to keep the company afloat.

 

 

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Book Recommendations for "Freddie Mac"
Serving Two Masters, Yet Out of Control: Fannie Mae and Freddie Mac
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Fannie Mae And Freddie MAC: Scandal in U.S. Housing

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Nationalizing Mortgage Risk: The Growth of Fannie Mae and Freddie Mac (Aei Studies on Financial Market Deregulation)
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Freddie Mac Brings You CreditSmart (Consumer Workbook Second Edition)
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The CIA works in... by Mark Watterson on Wednesday, Apr 22, 2009 at 11:07:25 AM
POOR SLOB... and I do mean POOR by bucketslogg on Wednesday, Apr 22, 2009 at 11:59:11 AM
Hmm. I wonder what was behind this. (Maybe his home was by Richard Mynick on Wednesday, Apr 22, 2009 at 12:01:45 PM
The Suicide is the part I Can't Fathom by Jason Paz on Wednesday, Apr 22, 2009 at 1:10:38 PM
conflicting reports of COD (again) by Brad Griffeth on Wednesday, Apr 22, 2009 at 3:36:16 PM
This has by Patrick Lafferty on Wednesday, Apr 22, 2009 at 4:45:59 PM
One down... by Trailing Begonia on Wednesday, Apr 22, 2009 at 6:29:36 PM
Individuals versus Institutions by Paul Rye on Wednesday, Apr 22, 2009 at 9:46:47 PM
Voice of reason by Tom Murphy on Wednesday, Apr 22, 2009 at 10:13:16 PM
Another one by Jennifer Hathaway on Thursday, Apr 23, 2009 at 2:39:05 AM
Because of by richard on Thursday, Apr 23, 2009 at 7:20:16 AM
The conclusion of a "faux" suicide is unwarranted - for now by Tom Murphy on Thursday, Apr 23, 2009 at 8:26:24 AM
Connect the dots by Michael Lee on Thursday, Apr 23, 2009 at 9:55:41 AM
Tom, unwarranted? by shirley reese on Saturday, Apr 25, 2009 at 3:24:45 PM

 
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