BREAKING: Freddie Mac CFO Found Dead of Apparent Suicide
The acting chief financial officer of Freddie Mac was found dead in his home Wednesday morning of an apparent suicide, Fairfax, Va., police have confirmed to FOX News.
Kellermann, a 16-year veteran of the mortgage loan guarantor, was reportedly discovered by his wife.
Fairfax police spokeswoman Mary Anne Jennings said police were called to the Northern Virginia home outside Washington, D.C., in the early morning hours.
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.
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation’s residential mortgage markets by guaranteeing loans to what is now 3 million homebuyers. It has been in the center of the mortgage meltdown along with Fannie Mae, requiring $60 billion in federal funding to secure bad loans.
Kellermann joined Freddie Mac in 1992, worked for several years in the company’s securities sales and trading unit, and has served in a variety of positions, including as a vice president for strategy execution and integration and the Investments and Capital Markets division controller.
Trackposted to The Pink Flamingo, Rosemary’s Thoughts, Political Byline, third world county, and The World According to Carl, thanks to Linkfest Haven Deluxe.
>-
April 22, 2009 - 09:01 AM on April 22nd, 2009
Speechless. (To avoid speaking ill of the dead… )
April 22, 2009 - 01:07 PM on April 22nd, 2009
That’s a shame. Perhaps at least one of these guys had a conscience.
April 22, 2009 - 03:40 PM on April 22nd, 2009
Unbelievably sad.
April 22, 2009 - 10:02 PM on April 22nd, 2009
Pope Benedict XVI and Anti-Semitism…
Shame on those Pale-stinian (as if there were such a group..) Christians. Giving the Pope the very symbol of those persecuting Christians in Israel and world wide.
……
April 22, 2009 - 10:04 PM on April 22nd, 2009
America, It’s Time for a Royal P-Party!…
America, It’s Time for a Royal P-Party! By R.J. Godlewski © April 22, 2009, All Rights Reserved Friends, I’m royally pissed. I try not to be so vulgar within my words but sometimes you just have to use colloquial English……
April 22, 2009 - 10:07 PM on April 22nd, 2009
PHYLLIS CHESLER SPEAKS AT DURBAN II COUNTER-CONFERENCE…
PHYLLIS CHESLER SPEAKS AT DURBAN II COUNTER-CONFERENCE BY: FERN SIDMAN On Tuesday, April 21st, Jewish Press op-ed contributor Phyllis Chesler was the keynote speaker at the Durban II Counter-Conference organized by the American Association of Jewish La…
April 22, 2009 - 11:06 PM on April 22nd, 2009
[...] to Rosemary’s Thoughts, third world county, Right Truth, The World According to Carl, and Right Voices, thanks to Linkfest Haven [...]
April 23, 2009 - 09:20 PM on April 23rd, 2009
[...] Rosemary’s Thoughts, third world county, Right Truth, The World According to Carl, and Right Voices, thanks to Linkfest Haven [...]
April 24, 2009 - 01:14 PM on April 24th, 2009
[...] Rosemary’s Thoughts, third world county, Right Truth, The World According to Carl, and Right Voices, thanks to Linkfest Haven Deluxe. Possibly related posts: (automatically generated)Biden: The gift [...]
April 24, 2009 - 09:39 PM on April 24th, 2009
FBI Terrorist Watchlist Plus Complaints Equal ACLU…
No shortage of complaints against the FBI but a serious lack of gratitude for the thankless work they do. It’s not just luck that we haven’t been attacked since 9/11.
……
April 24, 2009 - 11:09 PM on April 24th, 2009
Reason #1 to Open Up the Outer Continental Shelves to Drilling…
Deroy Murdock passes this on in an excellent article about the world’s most productive and cleanest natural gas platform.
The American Energy Alliance reported in February that if Congress allowed oil and gas production on the Outer Continent…
April 25, 2009 - 08:37 PM on April 25th, 2009
Muslim Demographics…
Watch the video to the end and weep. Comments? Even though Janet Napolitano who is in charge of Homeland Security and John McCain who could have been US President, think the September 11, 2001 hijackers came across the Canadian border……
April 26, 2009 - 11:03 AM on April 26th, 2009
The Force of GWB’s Will – 100 Days Without Him…
GEORGE SOROS MUST BE DESTROYED
“I believe the most solemn duty of the American president is to protect the American people. If America shows uncertainty and weakness in this decade, the world will drift toward tragedy. This will not happen on my …
May 4, 2009 - 03:46 AM on May 4th, 2009
it sounds like Kellermann had a misguided sense of guilt about the whole Freddie Mac fiasco since he came into his position after the company was already well on the way to financial meltdown
September 21, 2009 - 08:32 PM on September 21st, 2009
Can We Talk About Chris Simcox?…
The following is from my new Blogcritics piece about Chris Simcox.
“Just a few tidbits about Simcox:Chris Simcox is NOT a Republican. He is running for the GOP nomination for the United States Senate, but has never, ever been identified or consi…