Freddie Mac CFO becomes an hero.

[Tomiko]

Reports: Freddie Mac official found dead - U.S. business- msnbc.com

WASHINGTON - David Kellermann, the acting chief financial officer of Freddie Mac, was found dead at his home Wednesday morning in what broadcast reports said was an apparent suicide.

WUSA-TV and WTOP Radio reported that David Kellermann was found dead in his Northern Virginia home. The 41-year-old Kellermann has been Freddie Mac’s chief financial officer since September.

Sabrina Ruck, a Fairfax County police spokesman, confirmed to The Associated Press that Kellermann was dead, but she could not confirm that he committed suicide.
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Kellermann’s death is the latest blow to Freddie Mac, a government controlled company that owns or guarantees about 13 million home loans. CEO David Moffett resigned last month.

McLean, Va.-based Freddie Mac and sibling company Fannie Mae, which together own or back more than half of the home mortgages in the country, have been hobbled by skyrocketing loan defaults and have received about $60 billion in combined federal aid.

Kellermann was named acting chief financial officer in September 2008, after the resignation of Anthony “Buddy” Piszel, who stepped down after the September 2008 government takeover. The chief financial officer is responsible for the company’s financial controls, financial reporting and oversight of the company’s budget and financial planning.

Before taking that job, Kellerman served as senior vice president, corporate controller and principal accounting officer. He was with Freddie Mac for more than 16 years.

[Cream Soda]

Love the title, haha

[izembo]

if only the AIG execs would follow his lead

[Kurp]

That Iowan senator calling for suicides will be pleased.

[Dimmauk]

He was the acting CFO, but is he responsible for what happend? He has had the job only since September.

[izembo]

situation still hasnt gotten fixed yet

[Yuri-G]

my immediate reaction was "oh, good." followed by "wow, am I really that bitter?" followed by "meh."

[Elvis]

doesn't count unless he did it with a samurai sword

[Mizango]

my immediate reaction was "oh, good." followed by "wow, am I really that bitter?" followed by "meh."

Yeah I know what you mean, my reaction was similar.

[Brill Weave]

Sad. He should have taken the rest of the management staff with him.

[Kuya]

This is a good start. Whatever plant made him do it will hopefully get the Godman Sachs and AIG CEOs.

[Jaybar]

This is a good start. Whatever plant made him do it will hopefully get the Godman Sachs and AIG CEOs.

So the zombie premonition could be true....most excellent. Stave your weapons if the Plagos goes for them first!

[Kuya]

This will be a terrible movie i'm sure.

[ertyu]

situation still hasnt gotten fixed yet

Because a situation like this is one that a single man could fix in a matter of 6 months

[Dezzimal]

Go, Grassley, go! AIG execs should kill themselves! - BloggingStocks

This deserves a mention in here, as well as the other thread that kuya necro'd. Although it wasn't directed at freddie, this guy has to be feeling like a huge piece of shit right now.

[Dimmauk]

Go, Grassley, go! AIG execs should kill themselves! - BloggingStocks

This deserves a mention in here, as well as the other thread that kuya necro'd. Although it wasn't directed at freddie, this guy has to be feeling like a huge piece of shit right now.

Why would he feel bad? Its not his fault the guy killed himself.

[izembo]

Because a situation like this is one that a single man could fix in a matter of 6 months

didn't say he could fix it, i'm saying that it isn't fixed yet, and thus, he is still responsible for it. pressure got to him apparently.

[0ni0n]

Whatever plant made him do it will hopefully get the Godman Sachs and AIG CEOs.

Don't hold your breathe. Goldman Sachs owns banking, and its CEO is too well connected to feel desperate or depressed.

[Kuya]

I'll have to if i don't want it to get me too.

[Crouchingllama]

Before taking that job, Kellerman served as senior vice president, corporate controller and principal accounting officer. He was with Freddie Mac for more than 16 years.

Methinks he had to know something, else the suicide suspicions wouldn't be there for a reason... connected to his job. Maybe he offed himself because of other things that were already brewing and the stress put him over the edge, maybe he knew too much about the reason the company is in such a sh8thhole, it's too soon say and it sucks for that guy's family. 'Cause suicide solves everything. Bah. What a depressing story.