NEW YORK(Dow Jones)--The acting chief financial officer of Freddie Mac (FRE), David Kellermann, was found dead at his home early Wednesday, according to Fairfax County police.
There were "no signs of foul play," said Officer Shelley Broderick of the Fairfax County Police Department. She said police found Kellermann's body after responding to a call made at 4:48 a.m.
Kellermann's wife told local police he committed suicide, Washington, D.C., television station WUSA reported, citing sheriff's deputies in Fairfax County, Va.
Broderick would only say the case is under "active investigation."
Kellermann, who was 41, became acting chief financial officer of Freddie Mac in September, replacing Anthony S. Piszel amid a broader overhaul of top management. He had previously been the company's controller and principal accounting officer.
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3 comments:
I am sure it was more of an overwhelming task than Kellermann ever imagined. Too overwhelming, sad for his wife and family.
Bush wanted Freddie Mac to go private he was turned down. Hank Paulson took over and then Freddie Mac is about to collapse so Hank taks charge. Top people bail with big Packages and bonus in comes billions and hired as CFO David Kellermann who wanted to be with the big boys. Yes he knew it was a scam but he got big bucks for the fake book report. In come Obama's team with this transparentcy policy. Tim orders a line by line review and David knew he is left holding the bag and would get busted. Remember the CEO left not long ago so the new person would be blamed. All this was done in the closed door meetings Dick Cheney had. If it sound alike like Enron your right except this was done to the US Treasury with taxpayers money. Now notice how quickly the large banks and Goldman Sachs got that surprise profit and want to pay back the bailout money and stop Geithner from reviewing their books. It's called the old switch and bait, think Bernie Madoff. I told you Madoff was a small fish. David took charge in Sept. 2008 and was left to be charged with the real crime of the Century, as the former CFO laughed his way out with the money. Look these guys didn't know Obama will do a search line by line and now that they know that they want out and they want Tim to stop now.
Overwhelming task? I don't agree Chicago Native. There is a lot more to the story on why Kellerman is dead and why the Congressional leaders are probing on whether some of the banks cooked their books so that they can receive TARP money. I will something on this later tonight.
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