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Freddie Mac CFO Found Dead in Apparent Suicide

By Kevin Spak,  Newser Staff

Posted Apr 22, 2009 8:16 AM CDT

(Newser) – Acting Freddie Mac CFO David Kellerman was found dead this morning in what appears to have been a suicide, the Washington Post reports. Kellerman, 41, joined Freddie Mac as an analyst in 1992. He was promoted to CFO when the government took over Freddie last fall, but the company, which hemorrhaged billions as the mortgage market collapsed, has been publicly searching for a permanent replacement.

Former Freddie Mac Chief Executive Officer Richard Syron, left, listens as former Fannie Mae Chief Executive Officer Daniel Mudd, right, testifies on Capitol Hill, Dec. 9, 2008.
Former Freddie Mac Chief Executive Officer Richard Syron, left, listens as former Fannie Mae Chief Executive Officer Daniel Mudd, right, testifies on Capitol Hill, Dec. 9, 2008.   (AP Photo/Susan Walsh)
In this Sept. 25, 2008 file photo, Freddie Mac Chief Executive Officer David Moffett testifies before the House Financial Services Committee.
In this Sept. 25, 2008 file photo, Freddie Mac Chief Executive Officer David Moffett testifies before the House Financial Services Committee.   (AP Photo/Kevin Wolf, File)
In this July 13, 2008 file photo, the Freddie Mac's corporate offices are seen in McLean, Va.
In this July 13, 2008 file photo, the Freddie Mac's corporate offices are seen in McLean, Va.   (AP Photo/Pablo Martinez Monsivais, File)
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COMMENTS
Showing 3 of 4 comments
Mad
Apr 22, 2009 7:04 AM CDT
Wow, great counterpoint
Assassin
Apr 22, 2009 4:53 AM CDT
Another D.C. "Suicide" makes me laugh. He knew too much - he was only 41 years old. It was Funny to hear the cops immediately declare "No Foul Play". Did they come to that conclusion on the way to the scene of the "Crime" oops - "SUICIDE"? Come on people - Wake Up.
professortech
Apr 22, 2009 2:18 AM CDT
These financial execs that have comitted suicide have shown that they are spineless individuals that can not face up to the realities of how their actions have effected others. This once again shows that these power brokers, paper pushers, speculators and two fisted money grabbers do not deserve any amount of public respect or the much argued for compensation packages they have taken. They are pitiable individuals that do not understand that taking responsibility for ones actions AND working through a solution to the problems one creates is the true hallmark of character in an individual. Every stock trader, company exec, CEO, CFO, company board member and MBA/ Business student should be given a community service education class featuring videos/photos taken at the scenes of these exec suicides and any past or future criminal trials. Just like the drunk driving videos that show the results of fatal accidents they should be made to witness the impact of their avericious decisions and bottom line/ profit motive thinking.

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