#98QBKiller Posted April 22, 2009 Share Posted April 22, 2009 Apparent suicide. Not many details up now. Feel free to post more as follows. http://www.wusa9.com/news/local/story.aspx?storyid=84706&catid=158 VIENNA, Va. (WUSA) -- David Kellermann, Acting Chief Financial Officer and Senior Vice President of Freddie Mac, was found dead this morning. Fairfax County Police officials tell 9NEWS NOW they responded to his home around 5 a.m. after his wife alerted them to his suicide. Kellermann was 41 years old. According to Freddie Mac's website, Kellerman was with Freddie Mac for more than 16 years and named Acting Chief Financial Officer in September. Link to comment Share on other sites More sharing options...
Busch1724 Posted April 22, 2009 Share Posted April 22, 2009 dang wasn't max kellerman...however the acting ceo of freddie mac-good enough. Link to comment Share on other sites More sharing options...
NavyDave Posted April 22, 2009 Share Posted April 22, 2009 Fox 5 DC and FoxNews Channel have reported that David Kellerman SR VP of Freddie Mac was found dead in Fairfax County Va home 5 AM this morning by his wife who said it was suicide. Link to comment Share on other sites More sharing options...
#98QBKiller Posted April 22, 2009 Author Share Posted April 22, 2009 Our threads were separated by exactly 1 minute: http://www.extremeskins.com/showthread.php?t=285935 He was CFO BTW. Link to comment Share on other sites More sharing options...
SnyderShrugged Posted April 22, 2009 Share Posted April 22, 2009 Thats quite sad. I wonder how much of the economic stress led up to it. Regardless of the reasons, I'll pray for his family. Link to comment Share on other sites More sharing options...
Dictator Posted April 22, 2009 Share Posted April 22, 2009 dang wasn't max kellerman...however the acting ceo of freddie mac-good enough. Seriously? That's one ****ed up thing to say. Link to comment Share on other sites More sharing options...
Busch1724 Posted April 22, 2009 Share Posted April 22, 2009 Seriously? That's one ****ed up thing to say. was just being sarcastic...of course it sucks. i guess i should have made that clear. he had to be one of the most stressed out people in the world the last few months. it is sad. Link to comment Share on other sites More sharing options...
Peeping Wizard Posted April 22, 2009 Share Posted April 22, 2009 It was weird because I just got finished e-mailing a friend who works at Freddie to see how things are going over there (I used to work there). As soon as I finished the e-mail I took a look at Drudge and saw that sad piece of news. Morale was already in the toilet there, I can't imagine what this will do for them. Link to comment Share on other sites More sharing options...
da#1skinsfan Posted April 22, 2009 Share Posted April 22, 2009 He had to have known something was about to pop...something scandalous he did not want to face. Brace yourselves children! Link to comment Share on other sites More sharing options...
jpillian Posted April 22, 2009 Share Posted April 22, 2009 He had to have known something was about to pop...something scandalous he did not want to face. Brace yourselves children! Certainly makes you wonder. Sad news to hear of anyone taking their own life. Link to comment Share on other sites More sharing options...
SparkleMotion Posted April 22, 2009 Share Posted April 22, 2009 This news brought to mind the "suicide" scene in Michael Clayton. Link to comment Share on other sites More sharing options...
Zguy28 Posted April 22, 2009 Share Posted April 22, 2009 This is the kind of stuff that happened back in the 20's-30's when stuff started going south. Amazing how money consumes people. Link to comment Share on other sites More sharing options...
Peeping Wizard Posted April 22, 2009 Share Posted April 22, 2009 This is the kind of stuff that happened back in the 20's-30's when stuff started going south.Amazing how money consumes people. That is assuming this suicide was job-related. For all we know he just found out his wife was cheating, was having emotional issues, etc. While the possibility of it being job-related seem fairly high, it isn't certain. Link to comment Share on other sites More sharing options...
JimmyConway Posted April 22, 2009 Share Posted April 22, 2009 Sad stuff. Apparently he was a good guy. I'm almost positive it had something to do with the last two lines of this article. http://money.cnn.com/2009/04/22/news/Freddie_Mac_CFO/index.htm?postversion=2009042210 Freddie Mac CFO found dead David Kellermann, 16-year veteran of mortgage finance giant, was named acting chief financial officer in September. Death was apparent suicide, police say. VIENNA, Va. (CNN) -- The acting chief financial officer of mortgage finance giant Freddie Mac, David Kellermann, was found dead Wednesday morning, police said. The death "may have been an apparent suicide," said Lucy Caldwell, a spokeswoman for police in Fairfax County, Va. Authorities said there were no signs of foul play when officers were called to Kellermann's home in Vienna shortly before 5 a.m. ET, Caldwell said. A source familiar with the investigation said Kellerman apparently hanged himself. "The Freddie Mac family is truly saddened by the news this morning of David Kellermann's death," Freddie said in a statement. "His extraordinary work ethic and integrity inspired all who worked with him. But he will be most remembered for his affability, his personal warmth, his sense of humor and his quick wit." Treasury Secretary Tim Geithner, whose office works closely with Fannie and Freddie, also offered condolences. "On behalf of the Treasury family, we are deeply saddened by the news this morning of David Kellermann's death," Geithner said. "Our deepest sympathies are with his family and his colleagues at Freddie Mac during this difficult time." Kellermann, 41, who also served as a senior vice president, had been with Freddie Mac (FRE, Fortune 500) for more than 16 years. He was named to acting CFO and senior vice president positions in September 2008, and was responsible for the company's financial controls. This included overseeing financial reporting, compliance with tax requirements and regulations, and annual budgeting and financial planning. Before assuming his current posts, Kellermann was corporate controller and principal accounting officer. Kellermann held a master's degree in finance from George Washington University and a bachelor's in political science and accounting from the University of Michigan. He has served as a volunteer board member of the District of Columbia Coalition for the Homeless. Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. The government took over Freddie Mac last year, as the nationwide subprime-loan crisis escalated. In September, Freddie Mac and Fannie Mae were placed under conservatorship by its regulator, the Federal Housing Finance Agency (FHFA). "We at FHFA are very saddened by the death of David Kellermann," the government agency said in a statement. "As the acting chief financial officer of Freddie Mac during particularly challenging times, David was an inspiration to his staff and many others who were privileged to work with him." Both companies back mortgages held by private homeowners, and have received massive cash infusions from the government to keep them afloat. According to a March 11 company filing, Freddie Mac was being investigated by U.S. Attorney's Offices in New York and Virginia. It subsequently was notified that the Securities and Exchange Commission was also launching an inquiry -- which has since evolved into a "formal investigation." The company was subpoenaed for documents relating to accounting, disclosure and corporate governance matters in September 2008, October 2008, January 2009 and February 2009. The filing also says that SEC staff was interviewing company employees. Link to comment Share on other sites More sharing options...
SnyderShrugged Posted April 22, 2009 Share Posted April 22, 2009 He had to have known something was about to pop...something scandalous he did not want to face. Brace yourselves children! The little conspiracy Theorist in me just did a double take. Link to comment Share on other sites More sharing options...
SnyderShrugged Posted April 22, 2009 Share Posted April 22, 2009 hmmmm. "According to a March 11 company filing, Freddie Mac was being investigated by U.S. Attorney's Offices in New York and Virginia. It subsequently was notified that the Securities and Exchange Commission was also launching an inquiry -- which has since evolved into a "formal investigation." The company was subpoenaed for documents relating to accounting, disclosure and corporate governance matters in September 2008, October 2008, January 2009 and February 2009. The filing also says that SEC staff was interviewing company employees." Link to comment Share on other sites More sharing options...
FanboyOf91 Posted April 22, 2009 Share Posted April 22, 2009 Since he worked on Freddie Mac accounting, I'm guessing he saw this and decided now was a good time to get off the train. Link to comment Share on other sites More sharing options...
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