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death of Freddie Mac official https://www.rsbandb.com/forums/viewtopic.php?f=13&t=74357 |
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Author: | trekkie [ April 22nd, 2009, 10:07 pm ] |
Post subject: | death of Freddie Mac official |
VIENNA, VA. (AP) -- The chief financial officer of Freddie Mac, one of the mortgage giants at the heart of the nation's financial meltdown, was found dead in his basement early Wednesday morning in what police said was an apparent suicide. David Kellermann, 41, apparently hanged himself in his suburban Washington home, said a law enforcement official familiar with the investigation. He asked not to be identified because the investigation was ongoing. Kellermann was promoted last September when the government seized the mortgage company and ousted its top two executives. Neighbors said Kellermann had lost a noticeable amount of weight under the strain of the new job. Some neighbors said they suggested to Kellermann should quit to avoid the stress, but Kellermann responded that he wanted to help the company through its problems. The neighbors did not want to be quoted by name because they didn't want to upset the family. Kellermann oversaw a staff of about 500 at Freddie Mac's McLean, Va., headquarters and was working on the company's first-quarter financial report, due by the end of May. Federal regulators closely oversee the company's books and sign off on major decisions. That relationship has been tense and stressful, with Kellermann working long hours, a colleague said. Freddie Mac executives recently battled with federal regulators over whether to disclose potential losses on mortgage securities tied to the Obama administration's housing plan, said a person familiar with the deliberations who was not authorized to discuss the matter publicly. http://finance.yahoo.com/news/Freddie-M ... nd-apf-14995991.html kinda sad. but in a way, i somewhat wonder if somebody killed him and set him up like that |
Author: | Adbot [ April 22nd, 2009, 10:07 pm ] |
Post subject: | Register and login to get these in-post ads to disappear |
Author: | Dezzy [ April 24th, 2009, 2:22 pm ] |
Post subject: | Re: death of Freddie Mac official |
yeah my mom was just talking to me about him. he really helped out a lot of ppl and we're gonna miss him dearly. condolences to his family. |
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