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Acting Freddie Mac CFO Commits Suicide

Of course his suicide could have been a result of something totally unrelated to his job at Freddie Mac like family issues. Perhaps he has had a history of depression. Considering what Freddie Mac (and Fannie Mae) has put this country through financially, however, it's not unreasonable to wonder if it was related to his job:

David Kellermann, acting chief financial officer of Freddie Mac, committed suicide in his Hunter Mill Estates home Wednesday morning.

Fairfax County Police spokeswoman Mary Anne Jennings tells WTOP police responded to the Kellermann home after family members called police around 5 a.m.

"We were called from inside the house to come investigate an apparent suicide," Jennings says.

"We're not going to give you details of the condition of the body, except to say it was an apparent suicide."

More from Fox News:

Kellermann, 41, was named acting chief financial officer in September 2008 and was a member of the company's leadership team reporting directly to CEO David M. Moffett, who resigned last month.

According to his bio, as acting chief financial officer, Kellermann "is responsible for the company's financial controls, financial reporting, tax, capital oversight and compliance with the requirements" of congressional legislation known as the Sarbanes-Oxley Act of 2002. That law was a response to financial scandals like Enron and was intended to make corporate boards more accountable.

A person must feel his life is totally devoid of any hope to take his own life like this. How very sad.


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Comments (9)

This administrations reckle... (Below threshold)
Pretzel Logic:

This administrations reckless spending and arrogance in areas they know nothing about will continue to manifest itself for years to come.

I'm going to assume he was ... (Below threshold)

I'm going to assume he was "helped along" for now a'la the DC Madame.

Wonder if his computer disa... (Below threshold)

Wonder if his computer disappeared?

Takes a lot to over-ride th... (Below threshold)

Takes a lot to over-ride the bodies natural impulse of self-preservation. My sympathies to the family.

It's deja vu <a href="http:... (Below threshold)

It's deja vu all over again:

Former Enron Corp. vice chairman J. Clifford Baxter was found dead in his car in a Houston suburb early Friday, the victim of an apparent suicide, police said.

Baxter made millions on the sale of Enron stock, but reportedly was unhappy with Enron's business practices and resigned as vice chairman in May. He had remained as an Enron consultant.

Enron, once a giant energy corporation, has collapsed in the biggest bankruptcy filing in U.S. history amid accusations of mishandling of funds and shredding of crucial documents. Enron and its accounting firm, Andersen LLP, are under congressional investigation.

Congressional sources told CNN that Baxter, 43, had been among several Enron officials that investigators had wanted to interview. And the Senate's Permanent Subcommittee on Investigations, led by Michigan Democrat Carl Levin, D-Michigan, had asked for documents from Baxter as part of a batch of subpoenas sent out January 11.

Police in Sugar Land said Baxter was found in his 2002 Mercedes Benz with a gunshot wound to the head at 2:23 a.m. Friday.

That was from January 2002. I am saddened by the death of Mr. Kellerman (and shocked by the fact that he is my age, yet had nothing left to live for) but I wonder how much more of this we will see if the government makes good on its word and begins indicting financial executives for fraud and other crimes.

Don't worry Michael, as lon... (Below threshold)

Don't worry Michael, as long as you have a (D) next to your name, you're home free.

I thought it would be more ... (Below threshold)
retired military:

I thought it would be more appropriate to find him in a park with a gun in his hand.

My sympathies to his family.

Wow, this is some seriously... (Below threshold)

Wow, this is some seriously twisted logic around here.

Beat a prisoner to death, no biggie - it's OK because he was probably guilty and probably deserved it.

Guy shoots himself and you contort yourself into a pretzel trying to explain why it might have happened and how sad you are for him.

Life is precious... unless you're not American and might have information than could help an American. Then we're full speed ahead on hanging you from the ceiling and beating you. Cool!

Kellermann didn't hang hims... (Below threshold)

Kellermann didn't hang himself any more than Adolf Merckle "threw himself under a train".






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