Freddie Mac CFO Found Dead

The acting chief financial officer for Freddie Mac was found dead in his Vienna, VA home this morning. David Kellerman had been with the mortgage giant for 16 years and was made acting CFO last September, when the company, troubled by its subprime mortgages, was taken over by the U.S. Treasury. While Kellerman's wife reportedly called about an apparent suicide, authorities say they are still investigating the incident and that the final determination about whether this was a suicide will come from the medical examiner. WTOP Radio says that Freddie Mac has no comment at this time.

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By Jen Chung in News on April 22, 2009 8:59 AM

Comments [rss]

JacqueMehoff

it's mentioned he just rec'd a $850K bonus so he must of known what's going on, he's been with them for almost 17 years. AND, aren't these guys suppose to be the best and the brightest?? Like Enron, the smartest guys in the room..

JacqueMehoff

the news mentioned he rec'd a $850K bonus. he knew what was going on, aren't these guys supposedly the best and the brightest??? like Enron, the smartest guys in the room.

bowelmovment_man

This is the best news I have heard in weeks.

Let's hope this becomes a trend. Or even better, a regular practice.

gossipgirl

give me a break. it is very easy to work for a company and not know what is going on. look at the people who worked for the bush administration!

JacqueMehoff

he may of been a lower level exec but he has been with the institution for 16 years. he probably saw all those foreclosed stats. I hope he left a note but I doubt it.

so the greed will continue.

JacqueMehoff

or maybe he didn't care about people being foreclosed and evicted. who knows.

JanetG

David Kellerman

Felix Hoenikker

Karma.

AvenueHebrew

Except he was a lower level executive during the subprime fiasco, and didn't take the place over until after the meltdown. He probably had little or no part in that angle. So I don't think karmic retribution really applies here.

Not to mention the fact that it was an apparent suicide, so outside forces of fate weren't at play. He took his own life.

It's a devastating event for his family. I can't imagine how lost they must feel in all of this.