Freddie Mac finance chief found dead
Posted by msrb on April 22, 2009
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David Kellermann Bites the Dust
David Kellermann, the acting chief financial officer of Freddie Mac (the troubled US mortgage giant), was reportedly found dead in his upmarket Virginia home.
David Kellermann. Source and date of image not specified by sender. Image may be subject to copyright.
The body of Kellermann, 41, was discovered before dawn in his home in Vienna, Fairfax County, Virginia (his palatial home at Hunter Mill Estates home is 13 miles west of Washington DC. ), police said. They did not elaborate on the cause of death.
However, CNN said it had confirmed he had killed himself. It’s not known where they got their information from because police did not provide any details (the result of the forensics test take a few days). And given that CNN is one of the least trustworthy “news” networks in the world, independent confirmation of cause of death should be sought.
Freddie Mac, whose full name is the Federal Home Loan Mortgage Corporation, is one of the two major US home loan corporations that were effectively taken over by the government in September after massive financial irregularities were discovered. Freddic Mac owns or guarantees about 13 million home loans.
Before his promotion, Kellerman worked as senior vice president, corporate controller and principal accounting officer. He joined Freddie Mac in 1992.
He became acting chief financial officer in September 2008 after Anthony “Buddy” Piszel resigned from the position. Freddie Mac’s CEO David Moffett resigned in March 2009. [Perhaps he, too, should make a similar consideration.]
Any relationship, or association between the deceased and Bernard Lawrence “Bernie” Madoff would be purely coincidental.
The big question is, why would he commit suicide, Madoff didn’t!