Search
Close this search box.

Freddie Mac CFO Found Dead in Apparent Suicide


dk.jpgDavid 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.

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.

(Source: CBS News)



12 Responses

  1. If you believe that the chief financial officer of one of the biggest Liberal Democrat ripoffs of the American People committed suicide, just when the investigations are getting underway, then I have a brige in Brooklyn I want to sell you.

    He was murdered to protect the guilty. Period!

  2. #1, for someone with your screenname, you sure don’t think things through a whole lot. Everything is a massive conspiracy to you…

  3. I have to agree with #1, this is not the first time people in high places suddenly ‘commit suicide’ shortly before being investigated when there is possible government involvment to be uncovered in that invetigation. And please don’t try selling me that he was stressed or afraid he’d get in trouble, he knew what he was getting into when he took the job.

  4. David Kellermann should be planted next to Vince Foster. They both posed a threat to dangerous, powerful people. RIP.

  5. On Michael Savage’s radio program The Savage Nation, he indicated that this man may have had some knowledge that would have implicated some guilty parties and therefore he was eliminated. It happens all the time to people who want to uphold integrity, by those who are corrupt and want to keep corruption alive and well.

Leave a Reply


Popular Posts